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Ashford Inc   (AINC)
Other Ticker:  
 
    Sector  Services    Industry Consulting Services
   Industry Consulting Services
   Sector  Services

Ashford Inc 's Working Capital Ratio

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


Current Liabilities decreased faster than Ashford Inc 's Current Assets, this led to improvement in Ashford Inc 's Working Capital Ratio to 1.09, Working Capital Ratio remained below Ashford Inc average.

Within Consulting Services industry 12 other companies have achieved higher Working Capital Ratio than Ashford Inc in first quarter 2024. While Working Capital Ratio total ranking has improved so far during the I Quarter 2024 to 2451, from total ranking in the forth quarter 2023 at 2536.

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


AINC Working Capital Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Current Liabilities Change 20.27 % 11.75 % 2.44 % 1.92 % -6.27 %
Y / Y Current Assets Change 14.01 % 12.72 % -2.23 % -0.68 % 30.07 %
Working Capital Ratio MRQ 1.09 1.04 1.04 1.11 1.16
AINC's Total Ranking # 2451 # 2536 # 3496 # 2437 # 2537
Seq. Current Liabilities Change -6.71 % 16.76 % 7.94 % 2.29 % -13.32 %
Seq. Current Assets Change -1.86 % 17.28 % 0.95 % -1.88 % -2.97 %



Working Capital Ratio first quarter 2024 Company Ranking
Within: No.
Consulting Services Industry # 13
Services Sector # 263
Overall Market # 2451


Working Capital Ratio Statistics
High Average Low
8.32 2.12 0.71
(Dec 31 2015)   (Sep 30 2020)




Financial Statements
Ashford Inc 's Current Liabilities $ 126 Millions Visit AINC's Balance sheet
Ashford Inc 's Current Assets $ 138 Millions Visit AINC's Balance sheet
Source of AINC's Sales Visit AINC's Sales by Geography


Cumulative Ashford Inc 's Working Capital Ratio

AINC's Working Capital Ratio for the trailling 12 Months

AINC Working Capital Ratio

(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Current Liabilities TTM Growth 20.27 % 11.75 % 2.44 % 1.92 % -6.27 %
Y / Y Current Assets TTM Growth 14.01 % 12.72 % -2.23 % -0.68 % 30.07 %
Working Capital Ratio TTM 1.07 1.08 1.08 1.09 1.1
Total Ranking TTM # 2145 # 2449 # 2948 # 3086 # 3393
Seq. Current Liabilities TTM Growth -6.71 % 16.76 % 7.94 % 2.29 % -13.32 %
Seq. Current Assets TTM Growth -1.86 % 17.28 % 0.95 % -1.88 % -2.97 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the I Quarter 2024 to $126.32 millions, cumulative Working Capital Ratio decreased to 1.07 below the Ashford Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Consulting Services industry 19 other companies have achieved higher Working Capital Ratio than Ashford Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the forth quarter 2023 from 2193 to 2403.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Consulting Services Industry # 20
Services Sector # 412
Within the Market # 2451


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.36 1.48 0.78
(Mar 31 2017)   (Jun 30 2021)




Companies with similar Working Capital Ratio in the quarter ending Mar 31 2024, within Consulting Services Industry Working Capital RatioMar 31 2024 MRQ Current AssetsMar 31 2024 MRQ Current Liabilities
Mastech Digital Inc   2.81 $ 58.326  Millions$ 20.759  Millions
Fti Consulting Inc  2.76 $ 1,544.698  Millions$ 559.464  Millions
Information Services Group Inc   2.72 $ 99.880  Millions$ 36.741  Millions
Nordicus Partners Corporation  2.64 $ 0.050  Millions$ 0.019  Millions
Huron Consulting Group Inc   2.40 $ 450.958  Millions$ 188.088  Millions
Booz Allen Hamilton Holding Corporation  1.66 $ 2,738.909  Millions$ 1,649.003  Millions
Genpact Limited  1.61 $ 1,830.442  Millions$ 1,138.523  Millions
Astrana Health Inc   1.52 $ 538.810  Millions$ 355.272  Millions
Bowman Consulting Group Ltd   1.21 $ 162.867  Millions$ 134.734  Millions
Castellum Inc   1.19 $ 9.785  Millions$ 8.250  Millions
Ashford Inc   1.09 $ 138.311  Millions$ 126.320  Millions
Tss Inc   1.04 $ 20.490  Millions$ 19.640  Millions
Issuer Direct Corporation  0.84 $ 11.099  Millions$ 13.215  Millions
Sativus Tech Corp   0.40 $ 0.880  Millions$ 2.206  Millions
Ciso Global Inc   0.28 $ 9.276  Millions$ 32.604  Millions
Hapi Metaverse Inc   0.28 $ 2.175  Millions$ 7.822  Millions
Americann Inc  0.24 $ 1.267  Millions$ 5.221  Millions

Date modified: 2024-05-14T16:27:08+00:00



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