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Belden Inc   (BDC)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment

Belden Inc 's Working Capital Ratio

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


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 2.3 above Belden Inc average.

Within Communications Equipment industry 2 other companies have achieved higher Working Capital Ratio than Belden Inc in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 511 to 557.

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


BDC Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Oct 01 2023)
III. Quarter
(Jul 02 2023)
II. Quarter
(Apr 02 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -1 % 1.41 % -3.82 % -8.41 % -10.94 %
Y / Y Current Assets Change -5.16 % 2 % 1.96 % 3.4 % 4.72 %
Working Capital Ratio MRQ 2.3 2.55 2.53 2.7 2.4
BDC's Total Ranking # 557 # 511 # 1767 # 1097 # 2785
Seq. Current Liabilities Change 14.52 % -2.57 % 6.23 % -16.48 % 17.31 %
Seq. Current Assets Change 3.16 % -1.68 % -0.32 % -6.19 % 10.95 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Communications Equipment Industry # 3
Technology Sector # 113
Overall Market # 557


Working Capital Ratio Statistics
High Average Low
3.27 2.22 1.53
(Mar 30 2014)   (Apr 03 2016)




Financial Statements
Belden Inc 's Current Liabilities $ 634 Millions Visit BDC's Balance sheet
Belden Inc 's Current Assets $ 1,457 Millions Visit BDC's Balance sheet
Source of BDC's Sales Visit BDC's Sales by Geography


Cumulative Belden Inc 's Working Capital Ratio

BDC's Working Capital Ratio for the trailling 12 Months

BDC Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Oct 01 2023)
III. Quarter
(Jul 02 2023)
II. Quarter
(Apr 02 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -1 % 1.41 % -3.82 % -8.41 % -10.94 %
Y / Y Current Assets TTM Growth -5.16 % 2 % 1.96 % 3.4 % 4.72 %
Working Capital Ratio TTM 2.51 2.54 2.53 2.5 2.43
Total Ranking TTM # 2214 # 3884 # 5885 # 2284 # 5569
Seq. Current Liabilities TTM Growth 14.52 % -2.57 % 6.23 % -16.48 % 17.31 %
Seq. Current Assets TTM Growth 3.16 % -1.68 % -0.32 % -6.19 % 10.95 %


On the trailing twelve months basis In spite of the year on year decrease in BDC's Current Liabilities to $633.50 millions, cumulative Working Capital Ratio to 2.51 above the company average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Communications Equipment industry 10 other companies have achieved higher Working Capital Ratio than Belden Inc . While Working Capital Ratio overall ranking has improved so far to 2214, from total ranking during the twelve months ending third quarter 2023 at 3884.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Communications Equipment Industry # 11
Technology Sector # 403
Within the Market # 2214


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.69 2.15 1.64
(Jul 02 2017)   (June 30. 2016)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Communications Equipment Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Optical Cable Corporation  4.73 $ 31.840  Millions$ 6.729  Millions
Lumentum Holdings Inc   3.20 $ 2,062.100  Millions$ 643.900  Millions
Iteris inc   2.30 $ 70.049  Millions$ 30.430  Millions
Belden Inc   2.30 $ 1,456.979  Millions$ 633.504  Millions
Iridium Communications Inc   2.06 $ 271.084  Millions$ 131.554  Millions
Esco Technologies inc   1.98 $ 603.202  Millions$ 304.693  Millions
Track Group Inc   1.76 $ 10.859  Millions$ 6.170  Millions
Corning Inc  1.67 $ 7,212.000  Millions$ 4,319.000  Millions
Rekor Systems Inc   1.47 $ 25.336  Millions$ 17.236  Millions
Inseego Corp   1.04 $ 58.226  Millions$ 55.911  Millions
The Coretec Group Inc   1.01 $ 0.657  Millions$ 0.647  Millions

Date modified: 2024-02-16T23:59:02+00:00



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