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Ericsson Lm Telephone Co  (NASDAQ: ERIC)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology

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 fourth quarter 2023, Working Capital Ratio deteriorated to 1.2 below Ericsson Lm Telephone Co's average Working Capital Ratio.

Within Consumer Electronics industry 44 other companies have achieved higher Working Capital Ratio than Ericsson Lm Telephone Co in fourth quarter 2023. While Working Capital Ratio total ranking in the fourth quarter 2023 has deteriorated compared to the prior quarter from 2636 to 3228.

Explain Working Capital Ratio
How much Current Assetss ERICīs has?
What are ERICīs Current Liabilities?


ERIC Working Capital Ratio (Dec 31 2023)
Q4
0
Q3
0
Q2
0
Q1
(Dec 31 2022)
Q4
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 # 3228 # 2636 # 3187 # 2655 # 2663
Seq. Current Liabilities Change 0 % 0 % 0 % -11.14 % 0 %
Seq. Current Assets Change 0 % 0 % 0 % -10.83 % 0 %



Working Capital Ratio fourth quarter 2023 Company Ranking
Within: No.
Consumer Electronics Industry # 45
Technology Sector # 538
Overall Market # 3228


Working Capital Ratio Statistics
High Average Low
1.45 1.31 1.19
(Dec 31 2018)   (Dec 31 2022)




Financial Statements
Ericsson Lm Telephone Co's Current Liabilities $ 13,910 Millions Visit ERIC's Balance sheet
Ericsson Lm Telephone Co's Current Assets $ 16,661 Millions Visit ERIC's Balance sheet
Source of ERIC's Sales Visit ERIC's Sales by Geography


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)
12 Months
0
12 Months
0
12 Months
0
12 Months
(Dec 31 2022)
12 Months
Y / Y Current Liabilities TTM Growth -11.14 % -5.32 % 0.9 % 7.56 % 14.7 %
Y / Y Current Assets TTM Growth -10.83 % -8.25 % -5.68 % -3.13 % -0.57 %
Working Capital Ratio TTM 1.2 1.2 1.2 1.19 1.19
Total Ranking TTM # 4155 # 3474 # 3490 # 3527 # 4155
Seq. Current Liabilities TTM Growth -3.04 % -2.95 % -2.86 % -2.78 % 3.31 %
Seq. Current Assets TTM Growth -2.95 % -2.86 % -2.78 % -2.71 % -0.14 %


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 53 other companies have achieved higher Working Capital Ratio than Ericsson Lm Telephone Co. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 3474 to 4155.

Explain Working Capital Ratio
How much Current Assetss ERICīs has?
What are ERICīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Consumer Electronics Industry # 54
Technology Sector # 723
Within the Market # 4155


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.45 1.31 1.19
(Dec 31 2018)   (Dec 31 2022)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Consumer Electronics Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Energous Corporation  3.25 $ 15.006  Millions$ 4.621  Millions
Netgear Inc   3.15 $ 747.979  Millions$ 237.257  Millions
Planet Labs Pbc  2.71 $ 370.151  Millions$ 136.649  Millions
Eastman Kodak Company  2.64 $ 712.000  Millions$ 270.000  Millions
Adtran Holdings Inc   2.64 $ 736.856  Millions$ 279.511  Millions
Knowles Corporation  2.61 $ 428.800  Millions$ 164.600  Millions
Genasys Inc   2.57 $ 26.982  Millions$ 10.515  Millions
Qualcomm Inc  2.56 $ 23,439.000  Millions$ 9,169.000  Millions
Commscope Holding Company Inc   2.03 $ 2,862.700  Millions$ 1,409.400  Millions
Sonos Inc   2.02 $ 758.886  Millions$ 376.001  Millions
Aviat Networks Inc   2.00 $ 366.961  Millions$ 183.714  Millions
Airgain Inc   1.91 $ 19.081  Millions$ 9.991  Millions
Gilat Satellite Networks Ltd   1.90 $ 240.573  Millions$ 126.584  Millions
Cambium Networks Corp  1.86 $ 162.571  Millions$ 87.563  Millions
Bk Technologies Corp  1.82 $ 37.202  Millions$ 20.418  Millions
Akoustis Technologies Inc   1.82 $ 26.018  Millions$ 14.282  Millions
Arlo Technologies Inc   1.75 $ 250.535  Millions$ 143.410  Millions
Gopro Inc   1.73 $ 482.591  Millions$ 279.094  Millions
Infinera Corp  1.65 $ 1,115.384  Millions$ 673.992  Millions
Ceragon Networks Ltd   1.64 $ 217.940  Millions$ 132.953  Millions
Vizio Holding Corp   1.61 $ 794.400  Millions$ 492.000  Millions
Universal Electronics Inc   1.61 $ 258.851  Millions$ 161.148  Millions
Motorola Solutions inc   1.55 $ 5,725.000  Millions$ 3,699.000  Millions
Silynxcom Ltd   1.55 $ 5.961  Millions$ 3.856  Millions
Strong Global Entertainment Inc   1.40 $ 18.027  Millions$ 12.871  Millions
Sonim Technologies Inc   1.36 $ 43.787  Millions$ 32.147  Millions
Satellogic Inc   1.24 $ 26.550  Millions$ 21.392  Millions
Harmonic Inc   1.21 $ 330.732  Millions$ 272.394  Millions
Ericsson Lm Telephone Co  1.20 $ 16,661.210  Millions$ 13,910.393  Millions
Dzs Inc  1.18 $ 196.368  Millions$ 165.811  Millions

Date modified: 2024-03-13T04:18:13+00:00



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