CSIMarket
 


Scientific Industries Inc   (ESIO)
Other Ticker:  
 

Scientific Industries Inc 's Working Capital Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 3.93 below Scientific Industries Inc average.

Within Laboratory Analytical Instruments industry 11 other companies have achieved higher Working Capital Ratio than Scientific Industries Inc in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 901 to 1015.

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


ESIO Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Sep 30 2022)
I. Quarter
(Jun 30 2022)
IV. Quarter
Y / Y Current Liabilities Change -2.13 % -14.41 % 8.91 % -20.58 % -2.48 %
Y / Y Current Assets Change -47.31 % -48.59 % -31.66 % -16.95 % -11.73 %
Working Capital Ratio MRQ 3.93 5.52 5.36 9.16 7.29
ESIO's Total Ranking # 1015 # 901 # 900 # 634 #
Seq. Current Liabilities Change 27.36 % -19.86 % 35.04 % -28.99 % 11.37 %
Seq. Current Assets Change -9.33 % -17.59 % -20.91 % -10.84 % -11.54 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Laboratory Analytical Instruments Industry # 12
Healthcare Sector # 462
Overall Market # 1015


Working Capital Ratio Statistics
High Average Low
9.18 5.11 2.41
(Mar 31 2022)   (Mar 31 2016)




Financial Statements
Scientific Industries Inc 's Current Liabilities $ 2 Millions Visit ESIO's Balance sheet
Scientific Industries Inc 's Current Assets $ 9 Millions Visit ESIO's Balance sheet
Source of ESIO's Sales Visit ESIO's Sales by Geography


Cumulative Scientific Industries Inc 's Working Capital Ratio

ESIO's Working Capital Ratio for the trailling 12 Months

ESIO Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Sep 30 2022)
I. Quarter
(Jun 30 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -2.13 % -14.41 % 8.91 % -20.58 % -2.48 %
Y / Y Current Assets TTM Growth -47.31 % -48.59 % -31.66 % -16.95 % -11.73 %
Working Capital Ratio TTM 5.78 6.74 7.62 8.48 8.41
Total Ranking TTM # 3854 # 5416 # 3436 # 495 #
Seq. Current Liabilities TTM Growth 27.36 % -19.86 % 35.04 % -28.99 % 11.37 %
Seq. Current Assets TTM Growth -9.33 % -17.59 % -20.91 % -10.84 % -11.54 %


On the trailing twelve months basis In spite of the year on year decrease in ESIO's Current Liabilities to $2.18 millions, cumulative Working Capital Ratio to 5.78 above the company average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Laboratory Analytical Instruments industry 29 other companies have achieved higher Working Capital Ratio than Scientific Industries Inc . While Working Capital Ratio overall ranking has improved so far to 3854, from total ranking during the twelve months ending second quarter 2023 at 5416.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Laboratory Analytical Instruments Industry # 30
Healthcare Sector # 1012
Within the Market # 3854


trailing twelve months Working Capital Ratio Statistics
High Average Low
8.62 4.92 2.92
(Mar 31 2022)   (Mar 31 2018)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Laboratory Analytical Instruments Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Talis Biomedical Corporation  10.60 $ 89.532  Millions$ 8.450  Millions
Rapid Micro Biosystems Inc   7.37 $ 115.045  Millions$ 15.618  Millions
Cytek Biosciences Inc   7.20 $ 422.315  Millions$ 58.693  Millions
Lifeloc Technologies Inc   6.28 $ 6.024  Millions$ 0.959  Millions
Bio rad Laboratories Inc   6.06 $ 3,146.770  Millions$ 519.060  Millions
Reflect Scientific Inc   5.51 $ 2.393  Millions$ 0.434  Millions
10x Genomics Inc   5.37 $ 562.348  Millions$ 104.717  Millions
Pacific Biosciences Of California Inc   4.80 $ 882.297  Millions$ 183.961  Millions
Olink Holding Ab publ   4.75 $ 263.466  Millions$ 55.487  Millions
Scientific Industries Inc   3.93 $ 8.572  Millions$ 2.183  Millions
Standard Biotools Inc   3.30 $ 170.741  Millions$ 51.800  Millions
Akoya Biosciences Inc   3.29 $ 116.948  Millions$ 35.523  Millions
Cue Health Inc   3.29 $ 192.239  Millions$ 58.407  Millions
Agilent Technologies inc   2.61 $ 4,186.000  Millions$ 1,603.000  Millions
Bionano Genomics Inc   2.60 $ 104.537  Millions$ 40.194  Millions
Eyepoint Pharmaceuticals Inc   2.35 $ 150.163  Millions$ 63.896  Millions
Kewaunee Scientific Corporation  2.35 $ 90.876  Millions$ 38.732  Millions
Harvard Bioscience Inc  2.09 $ 50.486  Millions$ 24.205  Millions
Revvity Inc   2.01 $ 2,913.237  Millions$ 1,447.845  Millions
Bruker Corporation  1.89 $ 2,029.400  Millions$ 1,072.300  Millions
Illumina Inc   1.69 $ 2,506.000  Millions$ 1,482.000  Millions
Avantor Inc   1.60 $ 2,384.800  Millions$ 1,488.100  Millions
Mettler toledo International Inc   1.34 $ 1,196.912  Millions$ 891.340  Millions
Accelerate Diagnostics Inc   0.86 $ 32.443  Millions$ 37.786  Millions
Precipio inc   0.85 $ 4.309  Millions$ 5.060  Millions

Date modified: 2023-11-17T14:25:39+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

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