GATO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Gatos Silver Inc 's Current Assets grew by
40.39 % in the Q3 2024 sequentially, faster than Current Liabilities, this led to improvement in Gatos Silver Inc 's Working Capital Ratio to 9.67, above Gatos Silver Inc average Working Capital Ratio.
Within
Metal Mining industry 7 other companies have achieved higher Working Capital Ratio than Gatos Silver Inc in third quarter 2024. While Working Capital Ratio total ranking has improved so far during the Q3 2024 to
371, from total ranking in the second quarter 2024 at
463.
Explain Working Capital Ratio
How much Current Assetss GATO´s has?
What are GATO´s Current Liabilities?
On the trailing twelve months basis GATO Current Assets more than doubled by
134.14 % in Q3 2024 year on year, while Current Liabilities grew to $12 millions, this led to increase in in Gatos Silver Inc 's Working Capital Ratio to
5.47, Working Capital Ratio remained below GATO average.
Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within
Metal Mining industry 7 other companies have achieved higher Working Capital Ratio than Gatos Silver Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from
152 to
200.
Explain Working Capital Ratio
How much Current Assetss GATO´s has?
What are GATO´s Current Liabilities?