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Bantec Inc   (BANT)
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    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods

Bantec Inc 's Working Capital Ratio

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


Current Liabilities decreased faster than Bantec Inc 's Current Assets, this led to improvement in Bantec Inc 's Working Capital Ratio to 0.04, Working Capital Ratio remained below Bantec Inc average.

Within Aerospace & Defense industry 37 other companies have achieved higher Working Capital Ratio than Bantec Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 4681, from total ranking in the third quarter 2023 at 4685.

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


BANT Working Capital Ratio (Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
(Sep 30 2022)
IV. Quarter
Y / Y Current Liabilities Change -49.39 % 13.37 % 9.18 % 3.78 % 3.71 %
Y / Y Current Assets Change -47.85 % -36.52 % -41.85 % -68.43 % -41.59 %
Working Capital Ratio MRQ 0.04 0.02 0.02 0.02 0.04
BANT's Total Ranking # 4681 # 4685 # 4463 # 5548 # 4747
Seq. Current Liabilities Change -54.79 % 5.82 % 4.69 % 1.04 % 1.28 %
Seq. Current Assets Change -8.59 % 0.91 % 29.01 % -56.17 % 11.27 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Aerospace & Defense Industry # 38
Capital Goods Sector # 280
Overall Market # 4681


Working Capital Ratio Statistics
High Average Low
0.19 0.08 0.02
(Dec 31 2018)   (Dec 31 2022)




Financial Statements
Bantec Inc 's Current Liabilities $ 8 Millions Visit BANT's Balance sheet
Bantec Inc 's Current Assets $ 0 Millions Visit BANT's Balance sheet
Source of BANT's Sales Visit BANT's Sales by Geography


Cumulative Bantec Inc 's Working Capital Ratio

BANT's Working Capital Ratio for the trailling 12 Months

BANT Working Capital Ratio

(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
(Sep 30 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -49.39 % 13.37 % 9.18 % 3.78 % 3.71 %
Y / Y Current Assets TTM Growth -47.85 % -36.52 % -41.85 % -68.43 % -41.59 %
Working Capital Ratio TTM 0.02 0.03 0.03 0.04 0.05
Total Ranking TTM # 4031 # 4212 # 3999 # 2113 # 4005
Seq. Current Liabilities TTM Growth -54.79 % 5.82 % 4.69 % 1.04 % 1.28 %
Seq. Current Assets TTM Growth -8.59 % 0.91 % 29.01 % -56.17 % 11.27 %


On the trailing twelve months basis In spite of the year on year decrease in BANT's Current Liabilities to $8.35 millions, cumulative Working Capital Ratio to 0.02 below the BANT average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Aerospace & Defense industry 41 other companies have achieved higher Working Capital Ratio than Bantec Inc . While Working Capital Ratio overall ranking has improved so far to 4031, from total ranking during the twelve months ending third quarter 2023 at 4212.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Aerospace & Defense Industry # 42
Capital Goods Sector # 264
Within the Market # 4031


trailing twelve months Working Capital Ratio Statistics
High Average Low
0.17 0.08 0.02
(Jun 30 2019)   (Sep 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Aerospace & Defense Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Bantec Inc   0.04 $ 0.367  Millions$ 8.352  Millions
Xeriant Inc   0.02 $ 0.168  Millions$ 7.132  Millions

Date modified: 2024-02-06T10:25:20+00:00



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