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Fitlife Brands Inc   (FTLF)
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Fitlife Brands Inc 's Working Capital Ratio

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


Current Liabilities decreased faster than Fitlife Brands Inc 's Current Assets, this led to improvement in Fitlife Brands Inc 's Working Capital Ratio to 2.64, above Fitlife Brands Inc average Working Capital Ratio.

Within Legal Cannabis industry 5 other companies have achieved higher Working Capital Ratio than Fitlife Brands Inc in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 1677, from total ranking in the second quarter 2023 at 2045.

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


FTLF Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 40.4 % 147.65 % 114.79 % 5.22 % 17.82 %
Y / Y Current Assets Change -19.55 % 5.46 % 6 % 31.21 % 44.88 %
Working Capital Ratio MRQ 2.64 2.29 2.13 5.43 4.61
FTLF's Total Ranking # 1677 # 2045 # 2047 # 739 # 1233
Seq. Current Liabilities Change -24.74 % -1.33 % 133 % -18.85 % 32.74 %
Seq. Current Assets Change -13.01 % 5.83 % -8.59 % -4.4 % 14.03 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Legal Cannabis Industry # 6
Consumer Non Cyclical Sector # 54
Overall Market # 1677


Working Capital Ratio Statistics
High Average Low
5.43 2.62 1.15
(Dec 31 2022)   (Mar 31 2018)




Financial Statements
Fitlife Brands Inc 's Current Liabilities $ 7 Millions Visit FTLF's Balance sheet
Fitlife Brands Inc 's Current Assets $ 20 Millions Visit FTLF's Balance sheet
Source of FTLF's Sales Visit FTLF's Sales by Geography


Cumulative Fitlife Brands Inc 's Working Capital Ratio

FTLF's Working Capital Ratio for the trailling 12 Months

FTLF Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 40.4 % 147.65 % 114.79 % 5.22 % 17.82 %
Y / Y Current Assets TTM Growth -19.55 % 5.46 % 6 % 31.21 % 44.88 %
Working Capital Ratio TTM 2.75 3.11 3.84 4.9 4.65
Total Ranking TTM # 1359 # 1400 # 3884 # 2816 # 838
Seq. Current Liabilities TTM Growth -24.74 % -1.33 % 133 % -18.85 % 32.74 %
Seq. Current Assets TTM Growth -13.01 % 5.83 % -8.59 % -4.4 % 14.03 %


On the trailing twelve months basis Due to decline in Current Liabilities in the III Quarter 2023 to $7.39 millions, cumulative Working Capital Ratio decreased to 2.75 above the FTLF average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Legal Cannabis industry 5 other companies have achieved higher Working Capital Ratio than Fitlife Brands Inc . While Working Capital Ratio overall ranking has improved so far to 1359, from total ranking during the twelve months ending second quarter 2023 at 1400.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Legal Cannabis Industry # 6
Consumer Non Cyclical Sector # 51
Within the Market # 1359


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.9 2.71 1.26
(Dec 31 2022)   (Sep 30 2018)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Legal Cannabis Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Mind Medicine mindmed Inc   6.81 $ 120.086  Millions$ 17.643  Millions
Biote Corp   5.30 $ 117.753  Millions$ 22.223  Millions
Mediwound Ltd   4.59 $ 49.695  Millions$ 10.829  Millions
Natural Alternatives International Inc  3.74 $ 57.754  Millions$ 15.437  Millions
Usana Health Sciences Inc   3.47 $ 390.460  Millions$ 112.559  Millions
Fitlife Brands Inc   2.64 $ 19.527  Millions$ 7.388  Millions
Bon Natural Life Limited  2.52 $ 24.183  Millions$ 9.611  Millions
Canopy Growth Corporation  2.52 $ 378.170  Millions$ 150.329  Millions
Chromadex Corporation  2.43 $ 47.181  Millions$ 19.444  Millions
Tilray Brands Inc   1.54 $ 829.255  Millions$ 537.274  Millions
Cyanotech Corp  1.46 $ 12.685  Millions$ 8.659  Millions
Hero Technologies Inc  1.41 $ 0.141  Millions$ 0.100  Millions
Upexi Inc   1.24 $ 24.918  Millions$ 20.037  Millions
Healthy Extracts Inc   1.18 $ 1.905  Millions$ 1.616  Millions
Mannatech Incorporated  1.09 $ 28.584  Millions$ 26.312  Millions
Charlie s Holdings Inc   1.02 $ 5.804  Millions$ 5.682  Millions

Date modified: 2023-11-14T19:21:58+00:00



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