|
|
|
|
Ericsson Lm Telephone Co (ERIC) |
|
|
|
| |
Ericsson Lm Telephone Co's Working Capital Ratio
ERIC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 1.2 below Ericsson Lm Telephone Co's average Working Capital Ratio.
Within Consumer Electronics industry 22 other companies have achieved higher Working Capital Ratio than Ericsson Lm Telephone Co in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 1842, from total ranking in the third quarter 2023 at 2636.
Explain Working Capital Ratio
How much in Current Assets ERIC´s has?
What is the value of ERIC´s Current Liabilities?
|
Select the Comparisons :
|
|
Select the Ratio:
|
|
| ERIC Working Capital Ratio |
(Dec 31 2023)
IV. Quarter |
0
III. Quarter |
0
II. Quarter |
0
I. Quarter |
(Dec 31 2022)
IV. Quarter |
| Y / Y Current Liabilities Change |
-11.14 % |
-11.14 % |
-11.14 % |
-11.14 % |
14.7 % |
| Y / Y Current Assets Change |
-10.83 % |
-10.83 % |
-10.83 % |
-10.83 % |
-0.57 % |
| Working Capital Ratio MRQ |
1.2 |
1.2 |
1.2 |
1.2 |
1.19 |
| ERIC's Total
Ranking |
# 1842 |
# 2636 |
# 2642 |
# 0 |
# 3221 |
| Seq. Current Liabilities Change |
0 % |
0 % |
0 % |
-11.14 % |
0 % |
| Seq. Current Assets Change |
0 % |
0 % |
0 % |
-10.83 % |
0 % |
| Working Capital Ratio forth quarter 2023 Company Ranking |
| Within: |
No. |
| Consumer Electronics Industry |
# 23 |
| Technology Sector |
# 317 |
| Overall Market |
# 1842 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 1.45 |
1.31 |
1.19 |
| (Dec 31 2018) |
|
(Dec 31 2022) |
Cumulative Ericsson Lm Telephone Co's Working Capital Ratio
ERIC's Working Capital Ratio for the trailling 12 Months
ERIC Working Capital Ratio |
(Dec 31 2023)
IV. Quarter |
0
III. Quarter |
0
II. Quarter |
0
I. Quarter |
(Dec 31 2022)
IV. Quarter |
| Y / Y Current Liabilities TTM Growth |
-11.14 % |
-11.14 % |
-11.14 % |
-11.14 % |
14.7 % |
| Y / Y Current Assets TTM Growth |
-10.83 % |
-10.83 % |
-10.83 % |
-10.83 % |
-0.57 % |
| Working Capital Ratio TTM |
1.2 |
1.2 |
1.2 |
1.19 |
1.19 |
| Total
Ranking TTM |
# 2903
| # 3474
| # 3490
| # 0
| # 3481
|
| Seq. Current Liabilities TTM Growth |
0 % |
0 % |
0 % |
-11.14 % |
0 % |
| Seq. Current Assets TTM Growth |
0 % |
0 % |
0 % |
-10.83 % |
0 % |
On the trailing twelve months basis In spite of the year on year decrease in ERIC's Current Liabilities to $13,910.39 millions, cumulative Working Capital Ratio to 1.2 below the ERIC average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Consumer Electronics industry 37 other companies have achieved higher Working Capital Ratio than Ericsson Lm Telephone Co. While Working Capital Ratio overall ranking has improved so far to 2903, from total ranking during the twelve months ending third quarter 2023 at 3474.
Explain Working Capital Ratio
How much in Current Assets ERIC´s has?
What is the value of ERIC´s Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Consumer Electronics Industry |
# 38 |
| Technology Sector |
# 512 |
| Within the Market |
# 2903 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 1.45 |
1.32 |
1.19 |
| (Dec 31 2018) |
|
(Dec 31 2022) |
|
Date modified: 2024-03-13T04:18:13+00:00
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Copyright © 2024 CSIMarket, Inc. All rights
reserved.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
