BLNK's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the second quarter 2024, Working Capital Ratio deteriorated to
2.82 below Blink Charging Co 's average Working Capital Ratio.
Within
Special Transportation Services industry 3 other companies have achieved higher Working Capital Ratio than Blink Charging Co in second quarter 2024. While Working Capital Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from
1023 to
1102.
Explain Working Capital Ratio
How much in Current Assets BLNK´s has?
What is the value of BLNK´s Current Liabilities?
| BLNK Working Capital Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Current Liabilities Change |
-10.46 % |
21.63 % |
38.52 % |
70.24 % |
80.64 % |
| Y / Y Current Assets Change |
2.45 % |
12.46 % |
123.34 % |
55.5 % |
36.12 % |
| Working Capital Ratio MRQ |
2.82 |
2.94 |
3.18 |
2.42 |
2.47 |
| BLNK's Total
Ranking |
# 1102 |
# 1023 |
# 1034 |
# 1807 |
# 1890 |
| Seq. Current Liabilities Change |
-8.71 % |
-3.55 % |
4.99 % |
-3.15 % |
24.01 % |
| Seq. Current Assets Change |
-12.42 % |
-10.82 % |
37.86 % |
-4.84 % |
-3.86 % |
BLNK Working Capital Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Current Liabilities TTM Growth |
-10.46 % |
21.63 % |
38.52 % |
70.24 % |
80.64 % |
| Y / Y Current Assets TTM Growth |
2.45 % |
12.46 % |
123.34 % |
55.5 % |
36.12 % |
| Working Capital Ratio TTM |
2.85 |
2.76 |
2.8 |
2.52 |
2.57 |
| Total
Ranking TTM |
# 812
| # 882
| # 763
| # 2652
| # 2586
|
| Seq. Current Liabilities TTM Growth |
-8.71 % |
-3.55 % |
4.99 % |
-3.15 % |
24.01 % |
| Seq. Current Assets TTM Growth |
-12.42 % |
-10.82 % |
37.86 % |
-4.84 % |
-3.86 % |
On the trailing twelve months basis BLNK Current Assets improved by
2.45 % in II Quarter 2024 year on year, while Current Liabilities decreased to $61 millions, this led to increase in in Blink Charging Co 's Working Capital Ratio to
2.85, Working Capital Ratio remained below BLNK average.
Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within
Special Transportation Services industry just one company has achieved higher Working Capital Ratio during the twelve months ending in the Jun 30 2024. While Working Capital Ratio overall ranking has improved so far to
812, from total ranking during the twelve months ending first quarter 2024 at
882.
Explain Working Capital Ratio
How much in Current Assets BLNK´s has?
What is the value of BLNK´s Current Liabilities?
