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Cue Health Inc   (HLTH)
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Cue Health Inc 's Working Capital Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 2.54 below Cue Health Inc 's average Working Capital Ratio.

Within Laboratory Analytical Instruments industry 4 other companies have achieved higher Working Capital Ratio than Cue Health Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 960, from total ranking in the third quarter 2023 at 1336.

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


HLTH Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -38.95 % -66.71 % -72.85 % -64.82 % -57.35 %
Y / Y Current Assets Change -70.27 % -63.16 % -65.8 % -59.08 % -44.61 %
Working Capital Ratio MRQ 2.54 3.29 3.72 4.25 5.21
HLTH's Total Ranking # 960 # 1336 # 922 # 1092 # 980
Seq. Current Liabilities Change -25.58 % 2.41 % -15.46 % -5.25 % -59.42 %
Seq. Current Assets Change -42.59 % -9.35 % -26.11 % -22.67 % -28.88 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Laboratory Analytical Instruments Industry # 5
Healthcare Sector # 266
Overall Market # 960


Working Capital Ratio Statistics
High Average Low
5.21 3.01 2.14
(Dec 31 2022)   (Jun 30 2016)




Financial Statements
Cue Health Inc 's Current Liabilities $ 43 Millions Visit HLTH's Balance sheet
Cue Health Inc 's Current Assets $ 110 Millions Visit HLTH's Balance sheet
Source of HLTH's Sales Visit HLTH's Sales by Geography


Cumulative Cue Health Inc 's Working Capital Ratio

HLTH's Working Capital Ratio for the trailling 12 Months

HLTH Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -38.95 % -66.71 % -72.85 % -64.82 % -57.35 %
Y / Y Current Assets TTM Growth -70.27 % -63.16 % -65.8 % -59.08 % -44.61 %
Working Capital Ratio TTM 3.54 4.18 3.75 3.43 3.42
Total Ranking TTM # 733 # 509 # 2581 # 844 # 772
Seq. Current Liabilities TTM Growth -25.58 % 2.41 % -15.46 % -5.25 % -59.42 %
Seq. Current Assets TTM Growth -42.59 % -9.35 % -26.11 % -22.67 % -28.88 %


On the trailing twelve months basis In spite of the year on year decrease in HLTH's Current Liabilities to $43.47 millions, cumulative Working Capital Ratio to 3.54 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 5 other companies have achieved higher Working Capital Ratio than Cue Health Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 509 to 733.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Laboratory Analytical Instruments Industry # 6
Healthcare Sector # 259
Within the Market # 733


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.18 3.09 2.22
(Sep 30 2023)   (Mar 31 2017)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Laboratory Analytical Instruments Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Cytek Biosciences Inc   6.97 $ 392.060  Millions$ 56.226  Millions
Bio rad Laboratories Inc   6.32 $ 3,048.330  Millions$ 482.420  Millions
Olink Holding Ab publ   4.75 $ 263.466  Millions$ 55.487  Millions
Cue Health Inc   2.54 $ 110.362  Millions$ 43.466  Millions
Kewaunee Scientific Corporation  2.28 $ 96.156  Millions$ 42.142  Millions
Harvard Bioscience Inc  1.85 $ 49.038  Millions$ 26.542  Millions
Illumina Inc   1.66 $ 2,609.000  Millions$ 1,570.000  Millions
Avantor Inc   1.61 $ 2,384.900  Millions$ 1,480.300  Millions
Mettler toledo International Inc   1.04 $ 1,230.203  Millions$ 1,181.082  Millions

Date modified: 2024-03-13T22:48:31+00:00



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