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Adtran Holdings Inc   (ADTN)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology

Adtran Holdings Inc 's Working Capital Ratio

ADTN's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Working Capital Ratio deteriorated to 2.73 below Adtran Holdings Inc 's average Working Capital Ratio.

Within Consumer Electronics industry 20 other companies have achieved higher Working Capital Ratio than Adtran Holdings Inc in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 1723, from total ranking in the second quarter 2023 at 2135.

Explain Working Capital Ratio
How much in Current Assets ADTN´s has?
What is the value of ADTN´s Current Liabilities?


ADTN Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -38.69 % 53.51 % 87.23 % 175.86 % 247.12 %
Y / Y Current Assets Change -10.96 % 96.83 % 119.78 % 134.47 % 150.49 %
Working Capital Ratio MRQ 2.73 2.75 2.58 2.06 1.88
ADTN's Total Ranking # 1723 # 2135 # 2508 # 2518 # 2283
Seq. Current Liabilities Change -7.86 % -9.52 % -20.15 % -7.89 % 130.67 %
Seq. Current Assets Change -8.29 % -3.82 % 0.16 % 0.78 % 102.74 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Consumer Electronics Industry # 21
Technology Sector # 261
Overall Market # 1723


Working Capital Ratio Statistics
High Average Low
6.32 3.17 1.88
(Dec 31 2011)   (Sep 30 2022)




Financial Statements
Adtran Holdings Inc 's Current Liabilities $ 285 Millions Visit ADTN's Balance sheet
Adtran Holdings Inc 's Current Assets $ 780 Millions Visit ADTN's Balance sheet
Source of ADTN's Sales Visit ADTN's Sales by Geography


Cumulative Adtran Holdings Inc 's Working Capital Ratio

ADTN's Working Capital Ratio for the trailling 12 Months

ADTN Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -38.69 % 53.51 % 87.23 % 175.86 % 247.12 %
Y / Y Current Assets TTM Growth -10.96 % 96.83 % 119.78 % 134.47 % 150.49 %
Working Capital Ratio TTM 2.49 2.26 2.14 2.03 2.08
Total Ranking TTM # 3930 # 4753 # 2002 # 4460 # 1837
Seq. Current Liabilities TTM Growth -7.86 % -9.52 % -20.15 % -7.89 % 130.67 %
Seq. Current Assets TTM Growth -8.29 % -3.82 % 0.16 % 0.78 % 102.74 %


On the trailing twelve months basis Current Liabilities decreased faster than Adtran Holdings Inc 's average Current Assets, this led to increase in in Adtran Holdings Inc 's Working Capital Ratio to 2.49, Working Capital Ratio remained below ADTN average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Consumer Electronics industry 49 other companies have achieved higher Working Capital Ratio than Adtran Holdings Inc . While Working Capital Ratio overall ranking has improved so far to 3930, from total ranking during the twelve months ending second quarter 2023 at 4753.

Explain Working Capital Ratio
How much in Current Assets ADTN´s has?
What is the value of ADTN´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Consumer Electronics Industry # 50
Technology Sector # 657
Within the Market # 3930


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.69 2.94 2.03
(Dec 31 2013)   (Dec 31 2022)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Consumer Electronics Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Pctel Inc   5.18 $ 64.298  Millions$ 12.401  Millions
Kvh Industries Inc   5.04 $ 129.554  Millions$ 25.713  Millions
Energous Corp  4.66 $ 17.795  Millions$ 3.816  Millions
Franklin Wireless Corp   4.25 $ 46.091  Millions$ 10.847  Millions
Ciena Corp  3.84 $ 3,575.779  Millions$ 932.021  Millions
Audiocodes ltd  3.80 $ 142.661  Millions$ 37.499  Millions
Knowles Corporation  3.79 $ 387.800  Millions$ 102.300  Millions
Fabrinet  3.72 $ 1,691.961  Millions$ 455.433  Millions
Moving Image Technologies inc   3.58 $ 13.450  Millions$ 3.755  Millions
Ubiquiti Inc   3.41 $ 1,153.686  Millions$ 338.115  Millions
Netgear Inc   3.15 $ 740.576  Millions$ 234.792  Millions
Planet Labs Pbc  2.96 $ 387.535  Millions$ 131.138  Millions
Eastman Kodak Co  2.76 $ 712.000  Millions$ 258.000  Millions
Adtran Holdings Inc   2.73 $ 779.559  Millions$ 285.292  Millions
Cambium Networks Corp  2.67 $ 187.172  Millions$ 70.033  Millions
Genasys Inc   2.46 $ 25.208  Millions$ 10.251  Millions
Akoustis Technologies Inc   2.43 $ 38.583  Millions$ 15.896  Millions
Calamp Corp   2.34 $ 166.386  Millions$ 71.003  Millions
Airgain Inc   2.34 $ 22.252  Millions$ 9.514  Millions
Qualcomm Inc  2.33 $ 22,464.000  Millions$ 9,628.000  Millions
Commscope Holding Company Inc   2.08 $ 3,214.700  Millions$ 1,546.500  Millions
Gilat Satellite Networks Ltd  1.90 $ 240.573  Millions$ 126.584  Millions
Aviat Networks Inc   1.89 $ 244.410  Millions$ 129.213  Millions
Sonos Inc   1.86 $ 659.631  Millions$ 354.218  Millions
Gopro Inc   1.86 $ 559.831  Millions$ 300.803  Millions
Ceragon Networks Ltd   1.64 $ 217.940  Millions$ 132.953  Millions
Vizio Holding Corp   1.61 $ 752.500  Millions$ 466.100  Millions
Bk Technologies Corporation  1.61 $ 36.712  Millions$ 22.873  Millions
Arlo Technologies Inc   1.55 $ 260.958  Millions$ 168.478  Millions
Universal Electronics Inc   1.55 $ 282.391  Millions$ 182.518  Millions

Date modified: 2023-11-12T10:59:32+00:00



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