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China New Borun Corp  (BORN)
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China New Borun's Working Capital Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2018, Working Capital Ratio deteriorated to 2.62 above company average Working Capital Ratio.

Within Alcoholic Beverages industry 2 other companies have achieved higher Working Capital Ratio than China New Borun in forth quarter 2018. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2018 to 1803, from total ranking in the third quarter 2018 at 1805.

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


BORN Working Capital Ratio (Dec 31 2018)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2017)
IV. Quarter
Y / Y Current Liabilities Change 1.28 % 1.28 % 1.28 % 1.28 % -33.76 %
Y / Y Current Assets Change -1.43 % -1.43 % -1.43 % -1.43 % 16.47 %
Working Capital Ratio MRQ 2.62 2.62 2.62 2.62 2.69
BORN's Total Ranking # 1803 # 1805 # 1821 # 1818 # 1649
Seq. Current Liabilities Change 0 % 0 % 0 % 1.28 % 0 %
Seq. Current Assets Change 0 % 0 % 0 % -1.43 % 0 %



Working Capital Ratio forth quarter 2018 Company Ranking
Within: No.
Alcoholic Beverages Industry # 3
Consumer Non Cyclical Sector # 59
Overall Market # 1803


Working Capital Ratio Statistics
High Average Low
2.69 1.9 1.34
(Dec 31 2017)   (Dec 31 2014)




Financial Statements
China New Borun's Current Liabilities $ 133 Millions Visit BORN's Balance sheet
China New Borun's Current Assets $ 347 Millions Visit BORN's Balance sheet
Source of BORN's Sales Visit BORN's Sales by Geography


Cumulative China New Borun's Working Capital Ratio

BORN's Working Capital Ratio for the trailling 12 Months

BORN Working Capital Ratio

(Dec 31 2018)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2017)
IV. Quarter
Y / Y Current Liabilities TTM Growth 1.28 % 1.28 % 1.28 % 1.28 % -33.76 %
Y / Y Current Assets TTM Growth -1.43 % -1.43 % -1.43 % -1.43 % 16.47 %
Working Capital Ratio TTM 2.62 2.63 2.65 2.67 2.69
Total Ranking TTM # 1525 # 1198 # 1198 # 1199 # 4703
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % 1.28 % 0 %
Seq. Current Assets TTM Growth 0 % 0 % 0 % -1.43 % 0 %


On the trailing twelve months basis Due to unchange in Current Liabilities in the IV Quarter 2018 to $132.84 millions, cumulative Working Capital Ratio decreased to 2.62 above the BORN average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Alcoholic Beverages industry just one company has achieved higher Working Capital Ratio during the twelve months ending in the Dec 31 2018. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2018 from 1198 to 1525.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Alcoholic Beverages Industry # 2
Consumer Non Cyclical Sector # 54
Within the Market # 1525


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.69 1.91 1.34
(Dec 31 2017)   (Dec 31 2014)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2018, within Alcoholic Beverages Industry Working Capital RatioDec 31 2018 MRQ Current AssetsDec 31 2018 MRQ Current Liabilities
Mgp Ingredients Inc   4.13 $ 154.623  Millions$ 37.463  Millions
I on Digital Corp   3.88 $ 7.791  Millions$ 2.011  Millions
China New Borun Corp  2.62 $ 347.490  Millions$ 132.836  Millions
The Boston Beer Company Inc   1.92 $ 231.571  Millions$ 120.514  Millions
Newage Inc   1.87 $ 102.910  Millions$ 55.066  Millions
Concha Y Toro Winery Inc  1.81 $ 824.546  Millions$ 454.884  Millions
United Breweries Co Inc  1.46 $ 1,366.399  Millions$ 937.630  Millions
Craft Brew Alliance Inc   1.36 $ 51.535  Millions$ 37.862  Millions
Molson Coors Beverage Company  0.64 $ 2,766.300  Millions$ 4,300.900  Millions
Anheuser busch Inbev Sa  0.53 $ 18,281.000  Millions$ 34,459.000  Millions

Date modified: 2023-03-24T12:52:44+00:00



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