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Airgain Inc   (AIRG)
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Airgain Inc 's Working Capital Ratio

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




AIRG Working Capital Ratio (Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities Change -24.55 % -22.42 % 129.95 % 190.07 % 219.96 %
Y / Y Current Assets Change -19.7 % -22.21 % 3.72 % -21.89 % -16.46 %
Working Capital Ratio MRQ 2.09 2.02 1.69 1.78 1.96
Overall Ranking # 2381 # 2395 # 0 # 0 # 1716
Seq. Current Liabilities Change -2.48 % -32.59 % 9.91 % 4.44 % 0.27 %
Seq. Current Assets Change 0.93 % -19.69 % 4.26 % -4.98 % -2.23 %



Working Capital Ratio third quarter 2022 Comment
Airgain Inc 's Current Assets grew by 0.93 % in the III. Quarter sequntially, while Current Liabilities decreased, this led to improvement in Airgain Inc 's Working Capital Ratio to 2.09, Working Capital Ratio remained below Airgain Inc average.

Within Electronic Instruments & Controls industry 39 other companies have achieved higher Working Capital Ratio than Airgain Inc in third quarter 2022. While Working Capital Ratio total ranking has improved so far to 2381, from total ranking in previous quarter at 2395.

Explain Working Capital Ratio
Where is AIRG most successful ?
Working Capital Ratio AIRG on the trailing twelve month basis
Working Capital Ratio third quarter 2022 Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 40
Technology Sector # 325
Overall Market # 2381


Working Capital Ratio Statistics
High Average Low
9.36 4.96 1.69
(Jun 30 2020)   (Mar 31 2022)




Financial Statements
Airgain Inc 's Current Liabilities $ 14 Millions Visit AIRG's Balance sheet
Airgain Inc 's Current Assets $ 30 Millions Visit AIRG's Balance sheet
Source of AIRG's Sales Visit AIRG's Sales by Geography


Cumulative Airgain Inc 's Working Capital Ratio

AIRG's Working Capital Ratio for the trailling 12 Months

AIRG Working Capital Ratio

(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities TTM Growth -24.55 % -22.42 % 129.95 % 190.07 % 219.96 %
Y / Y Current Assets TTM Growth -19.7 % -22.21 % 3.72 % -21.89 % -16.46 %
Working Capital Ratio TTM 1.87 1.85 1.86 2.18 2.88
Total Ranking TTM # 2049 # 2669 # 2702 # 2141 # 2539
Seq. Current Liabilities TTM Growth -2.48 % -32.59 % 9.91 % 4.44 % 0.27 %
Seq. Current Assets TTM Growth 0.93 % -19.69 % 4.26 % -4.98 % -2.23 %


TTM Working Capital Ratio Comment
On the trailing twelve months basis Current Liabilities decreased faster than Airgain Inc 's average Current Assets, this led to increase in in Airgain Inc 's Working Capital Ratio to 1.87, Working Capital Ratio remained below AIRG average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operatig within Electronic Instruments & Controls industry 37 other companies have achieved higher Working Capital Ratio than Airgain Inc . While overall ranking remained unchanged compare to previous quarter at no. 2049.

Explain Working Capital Ratio
Where is AIRG most successful ?
Working Capital Ratio AIRG on the trailing twelve month basis

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Electronic Instruments & Controls Industry # 38
Technology Sector # 298
Within the Market # 2049


TTM Working Capital Ratio Statistics
High Average Low
7.84 5.03 1.85
(Sep 30 2020)   (Jun 30 2022)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2022, within Electronic Instruments & Controls Industry Working Capital RatioSep 30 2022 MRQ Current AssetsSep 30 2022 MRQ Current Liabilities
Nuvve Holding Corp   5.47 $ 37.894  Millions$ 6.931  Millions
Blacksky Technology Inc  5.23 $ 140.152  Millions$ 26.795  Millions
Mict Inc   4.90 $ 96.287  Millions$ 19.666  Millions
Mercury Systems Inc   4.83 $ 878.805  Millions$ 182.006  Millions
Cohu Inc  4.39 $ 749.331  Millions$ 170.757  Millions
Planet Labs Pbc  4.37 $ 480.643  Millions$ 109.868  Millions
Pctel Inc   3.97 $ 66.662  Millions$ 16.812  Millions
Transcat Inc  3.96 $ 62.616  Millions$ 15.804  Millions
Hurco Companies Inc  3.66 $ 268.069  Millions$ 73.336  Millions
Kvh Industries Inc   3.63 $ 125.920  Millions$ 34.693  Millions
Materion Corporation  3.51 $ 709.664  Millions$ 202.290  Millions
Data I  3.47 $ 23.172  Millions$ 6.682  Millions
Casa Systems Inc   3.40 $ 331.665  Millions$ 97.665  Millions
Viasat Inc   3.27 $ 1,147.076  Millions$ 350.978  Millions
Methode Electronics Inc   3.09 $ 658.400  Millions$ 213.000  Millions
Reliability Incorporated  3.08 $ 12.915  Millions$ 4.190  Millions
Ondas Holdings Inc   3.04 $ 19.181  Millions$ 6.304  Millions
Keysight Technologies inc   3.01 $ 4,234.000  Millions$ 1,407.000  Millions
Sensata Technologies Holding Plc  2.98 $ 2,700.199  Millions$ 905.974  Millions
Senseonics Holdings Inc   2.94 $ 169.294  Millions$ 57.648  Millions
Focus Universal Inc   2.89 $ 6.591  Millions$ 2.278  Millions
Mesa Laboratories Inc  2.80 $ 116.260  Millions$ 41.506  Millions
Trimas Corporation  2.77 $ 416.820  Millions$ 150.220  Millions
Mks Instruments Inc   2.76 $ 2,791.000  Millions$ 1,011.000  Millions
Cambium Networks Corp  2.70 $ 194.055  Millions$ 71.962  Millions
Allied Motion Technologies Inc  2.58 $ 227.155  Millions$ 88.090  Millions
Calamp Corp   2.51 $ 169.449  Millions$ 67.547  Millions
Digital Ally Inc   2.49 $ 34.680  Millions$ 13.935  Millions
Snap One Holdings Corp   2.48 $ 420.223  Millions$ 169.105  Millions
R F Industries Ltd  2.37 $ 46.247  Millions$ 19.536  Millions

Date modified: 2022-11-16T21:23:25+00:00

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