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Advent Technologies Holdings Inc (NASDAQ: ADN) |
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Advent Technologies Holdings Inc 's Working Capital Ratio
ADN's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
In the wake of the increase in Current Liabilities in the third quarter 2024, Working Capital Ratio fell to 0.06 a new company low.
Within Industrial Machinery and Components industry 107 other companies have achieved higher Working Capital Ratio than Advent Technologies Holdings Inc in third quarter 2024. While Working Capital Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 3880 to 4329.
Explain Working Capital Ratio
How much Current Assetss ADNīs has?
What are ADNīs Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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ADN Working Capital Ratio |
(Sep 30 2024) Q3 |
(Jun 30 2024) Q2 |
(Dec 31 2023) Q4 |
(Sep 30 2023) Q3 |
(Jun 30 2023) Q2 |
Y / Y Current Liabilities Change |
87.94 % |
5.86 % |
-12.83 % |
7.73 % |
5.92 % |
Y / Y Current Assets Change |
-95.47 % |
-82.27 % |
-82.15 % |
-61.66 % |
-55.7 % |
Working Capital Ratio MRQ |
0.06 |
0.44 |
0.74 |
1.84 |
2.35 |
ADN's Total
Ranking |
# 4329 |
# 3880 |
# 3615 |
# 2191 |
# |
Seq. Current Liabilities Change |
59.35 % |
32.45 % |
-7.04 % |
-4.22 % |
-10.24 % |
Seq. Current Assets Change |
-79.41 % |
-21.73 % |
-62.43 % |
-25.26 % |
-19.31 % |
Working Capital Ratio third quarter 2024 Company Ranking |
Within: |
No. |
Industrial Machinery and Components Industry |
# 108 |
Capital Goods Sector |
# 272 |
Overall Market |
# 4329 |
Working Capital Ratio Statistics |
High |
Average |
Low |
35.33 |
6.23 |
0.06 |
(Jun 30 2021) |
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(Sep 30 2020) |
Cumulative Advent Technologies Holdings Inc 's Working Capital Ratio
ADN's Working Capital Ratio for the trailling 12 Months
ADN Working Capital Ratio |
(Sep 30 2024) 12 Months |
(Jun 30 2024) 12 Months |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 12 Months |
(Jun 30 2023) 12 Months |
Y / Y Current Liabilities TTM Growth |
21.92 % |
1.48 % |
2.3 % |
-1.68 % |
-7.31 % |
Y / Y Current Assets TTM Growth |
-77.56 % |
-67.97 % |
-61.13 % |
-54.06 % |
-49.55 % |
Working Capital Ratio TTM |
0.62 |
1.31 |
1.94 |
2.62 |
3.37 |
Total Ranking TTM |
# 3598
| # 3254
| # 3610
| # 1936
| #
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Seq. Current Liabilities TTM Growth |
21.83 % |
1.65 % |
-3.2 % |
1.71 % |
1.41 % |
Seq. Current Assets TTM Growth |
-42.47 % |
-31.2 % |
-28.34 % |
-20.86 % |
-17.91 % |
On the trailing twelve months basis Due to jump in Current Liabilities in the Q3 2024 to $25.14 millions, cumulative Working Capital Ratio decreased to 0.62 below the Advent Technologies Holdings Inc average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Industrial Machinery and Components industry 107 other companies have achieved higher Working Capital Ratio than Advent Technologies Holdings Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 3254 to 3598.
Explain Working Capital Ratio
How much Current Assetss ADNīs has?
What are ADNīs Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Industrial Machinery and Components Industry |
# 108 |
Capital Goods Sector |
# 250 |
Within the Market |
# 3598 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
17.83 |
5.76 |
0.62 |
(Jun 30 2021) |
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(Sep 30 2024) |
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Date modified: 2025-01-01T19:31:26+00:00
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