AGI's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to
2.36 above company average Working Capital Ratio.
Within
Metal Mining industry 39 other companies have achieved higher Working Capital Ratio than Alamos Gold Inc in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from
1485 to
1859.
Explain Working Capital Ratio
How much Current Assetss AGI´s has?
What are AGI´s Current Liabilities?
On the trailing twelve months basis AGI Current Assets soared by
66.62 % in Q4 2023 year on year, while Current Liabilities remained unchanged to $248 millions, this led to increase in in Alamos Gold Inc 's Working Capital Ratio to
2.36, above AGI average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within
Metal Mining industry 93 other companies have achieved higher Working Capital Ratio than Alamos Gold Inc . While Working Capital Ratio overall ranking has improved so far to
4158, from total ranking during the twelve months ending third quarter 2023 at
4171.
Explain Working Capital Ratio
How much Current Assetss AGI´s has?
What are AGI´s Current Liabilities?