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Franchise Group inc   (NASDAQ: FRG)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates

Franchise Group Inc 's Working Capital Ratio

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

 


Current Liabilities decreased faster than Franchise Group Inc 's Current Assets, this led to improvement in Franchise Group Inc 's Working Capital Ratio to 1.37, Working Capital Ratio remained below Franchise Group inc average.

Within Conglomerates industry 14 other companies have achieved higher Working Capital Ratio than Franchise Group Inc in second quarter 2023. While Working Capital Ratio total ranking in the second quarter 2023 has deteriorated compared to the prior quarter from 2773 to 3417.

Explain Working Capital Ratio
How much Current Assetss FRG´s has?
What are FRG´s Current Liabilities?


FRG Working Capital Ratio (Jul 01 2023)
Q4
(Apr 01 2023)
Q3
(Dec 31 2022)
Q2
(Sep 24 2022)
Q1
(Jun 25 2022)
Q4
Y / Y Current Liabilities Change 23.58 % 6.23 % -0.38 % 110.26 % 34.97 %
Y / Y Current Assets Change -9.41 % -19.34 % -10.94 % 71.47 % 66.45 %
Working Capital Ratio MRQ 1.37 1.26 1.39 1.66 1.87
FRG's Total Ranking # 3417 # 2773 # 1304 # 2896 # 2705
Seq. Current Liabilities Change -7.97 % 12.35 % 13.42 % 5.37 % -20.89 %
Seq. Current Assets Change -0.06 % 1.59 % -4.96 % -6.12 % -11.02 %



Working Capital Ratio second quarter 2023 Company Ranking
Within: No.
Conglomerates Industry # 15
Conglomerates Sector # 15
Overall Market # 3417


Working Capital Ratio Statistics
High Average Low
10.63 3.96 1.12
(Jan 31 2016)   (Dec 28 2019)




Financial Statements
Franchise Group Inc 's Current Liabilities $ 976 Millions Visit FRG's Balance sheet
Franchise Group Inc 's Current Assets $ 1,337 Millions Visit FRG's Balance sheet
Source of FRG's Sales Visit FRG's Sales by Geography


Cumulative Franchise Group Inc 's Working Capital Ratio

FRG's Working Capital Ratio for the trailling 12 Months

FRG Working Capital Ratio

(Jul 01 2023)
12 Months
(Apr 01 2023)
12 Months
(Dec 31 2022)
12 Months
(Sep 24 2022)
12 Months
(Jun 25 2022)
12 Months
Y / Y Current Liabilities TTM Growth 21.75 % 23.9 % 41.43 % 80.22 % 57.34 %
Y / Y Current Assets TTM Growth -0.81 % 14.16 % 44.65 % 92.15 % 85.62 %
Working Capital Ratio TTM 1.41 1.52 1.64 1.68 1.73
Total Ranking TTM # 2652 # 3439 # 1105 # 4304 # 4304
Seq. Current Liabilities TTM Growth 5.13 % 1.75 % -0.1 % 13.94 % 6.99 %
Seq. Current Assets TTM Growth -2.52 % -5.5 % -2.7 % 10.65 % 12.19 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the Q2 2023 to $975.96 millions, cumulative Working Capital Ratio decreased to 1.41 below the Franchise Group Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Conglomerates industry 11 other companies have achieved higher Working Capital Ratio than Franchise Group Inc . While Working Capital Ratio overall ranking has improved so far to 2652, from total ranking during the twelve months ending first quarter 2023 at 3439.

Explain Working Capital Ratio
How much Current Assetss FRG´s has?
What are FRG´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Conglomerates Industry # 12
Conglomerates Sector # 12
Within the Market # 2652


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.3 2.52 0.98
(Oct 31 2016)   (Sep 26 2020)




Companies with similar Working Capital Ratio in the quarter ending Jul 01 2023, within Conglomerates Industry Working Capital RatioJul 01 2023 MRQ Current AssetsJul 01 2023 MRQ Current Liabilities
Dolby Laboratories Inc   3.47 $ 1,469.365  Millions$ 423.036  Millions
Dmc Global Inc   2.79 $ 340.696  Millions$ 122.273  Millions
Interdigital Inc   2.67 $ 1,192.147  Millions$ 446.504  Millions
Fenbo Holdings Limited  2.51 $ 12.538  Millions$ 4.987  Millions
Tat Technologies Ltd  2.40 $ 94.326  Millions$ 39.311  Millions
Hamilton Beach Brands Holding Company  2.10 $ 242.986  Millions$ 115.500  Millions
Helen Of Troy Limited  1.94 $ 856.057  Millions$ 440.791  Millions
Aterian Inc   1.86 $ 75.658  Millions$ 40.753  Millions
Xcel Brands inc   1.68 $ 11.737  Millions$ 7.000  Millions
Honeywell International Inc  1.41 $ 24,183.000  Millions$ 17,174.000  Millions
Franchise Group inc   1.37 $ 1,336.717  Millions$ 975.956  Millions
Digital Turbine Inc   1.22 $ 278.128  Millions$ 228.284  Millions
Steel Partners Holdings L p   1.17 $ 2,304.924  Millions$ 1,975.398  Millions
Rtx Corporation  1.10 $ 45,915.000  Millions$ 41,760.000  Millions
Sifco Industries Inc   1.10 $ 41.697  Millions$ 37.984  Millions
Joint Corp  0.90 $ 22.568  Millions$ 24.968  Millions
Scientific Energy Inc  0.57 $ 6.284  Millions$ 11.085  Millions
Ab International Group Corp   0.40 $ 0.447  Millions$ 1.111  Millions

Date modified: 2023-04-03T20:00:35+00:00



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