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Lpl Financial Holdings Inc (NASDAQ: LPLA) |
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Lpl Financial Holdings Inc 's Working Capital Ratio
LPLA's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Lpl Financial Holdings Inc 's Current Assets grew by 8.42 % in the Q3 2024 sequentially, faster than Current Liabilities, this led to improvement in Lpl Financial Holdings Inc 's Working Capital Ratio to 1.55, above Lpl Financial Holdings Inc average Working Capital Ratio.
Within Investment Services industry 40 other companies have achieved higher Working Capital Ratio than Lpl Financial Holdings Inc in third quarter 2024. While Working Capital Ratio total ranking has improved so far during the Q3 2024 to 2056, from total ranking in the second quarter 2024 at 2536.
Explain Working Capital Ratio
How much Current Assetss LPLA´s has?
What are LPLA´s Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| LPLA Working Capital Ratio |
(Sep 30 2024)
Q3 |
(Jun 30 2024)
Q2 |
(Mar 31 2024)
Q1 |
(Dec 31 2023)
Q4 |
(Sep 30 2023)
Q3 |
| Y / Y Current Liabilities Change |
10.01 % |
30.77 % |
48.7 % |
13.88 % |
6.86 % |
| Y / Y Current Assets Change |
44.69 % |
24.23 % |
6.08 % |
-12.72 % |
0.98 % |
| Working Capital Ratio MRQ |
1.55 |
1.48 |
1.2 |
0.94 |
1.18 |
| LPLA's Total
Ranking |
# 2056 |
# 2536 |
# 2023 |
# 2319 |
# 1721 |
| Seq. Current Liabilities Change |
3.73 % |
-13.41 % |
4.49 % |
17.22 % |
23.31 % |
| Seq. Current Assets Change |
8.42 % |
7.48 % |
33 % |
-6.64 % |
-6.91 % |
| Working Capital Ratio third quarter 2024 Company Ranking |
| Within: |
No. |
| Investment Services Industry |
# 41 |
| Financial Sector |
# 273 |
| Overall Market |
# 2056 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 2.11 |
1.33 |
0.89 |
| (Mar 31 2012) |
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(Mar 31 2020) |
Cumulative Lpl Financial Holdings Inc 's Working Capital Ratio
LPLA's Working Capital Ratio for the trailling 12 Months
LPLA Working Capital Ratio |
(Sep 30 2024)
12 Months |
(Jun 30 2024)
12 Months |
(Mar 31 2024)
12 Months |
(Dec 31 2023)
12 Months |
(Sep 30 2023)
12 Months |
| Y / Y Current Liabilities TTM Growth |
10.01 % |
30.77 % |
48.7 % |
13.88 % |
6.86 % |
| Y / Y Current Assets TTM Growth |
44.69 % |
24.23 % |
6.08 % |
-12.72 % |
0.98 % |
| Working Capital Ratio TTM |
1.28 |
1.19 |
1.19 |
1.29 |
1.39 |
| Total
Ranking TTM |
# 1428
| # 800
| # 1682
| # 982
| # 2673
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| Seq. Current Liabilities TTM Growth |
3.73 % |
-13.41 % |
4.49 % |
17.22 % |
23.31 % |
| Seq. Current Assets TTM Growth |
8.42 % |
7.48 % |
33 % |
-6.64 % |
-6.91 % |
On the trailing twelve months basis LPLA Current Assets soared by 44.69 % in Q3 2024 year on year, faster than Current Liabilities, this led to increase in in Lpl Financial Holdings Inc 's Working Capital Ratio to 1.28, Working Capital Ratio remained below LPLA average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Investment Services industry 40 other companies have achieved higher Working Capital Ratio than Lpl Financial Holdings Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 800 to 1428.
Explain Working Capital Ratio
How much Current Assetss LPLA´s has?
What are LPLA´s Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Investment Services Industry |
# 41 |
| Financial Sector |
# 273 |
| Within the Market |
# 1428 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 2.11 |
1.33 |
0.89 |
| (Mar 31 2012) |
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(Mar 31 2020) |
| Companies with similar Working Capital Ratio in the quarter ending Sep 30 2024, within Investment Services Industry | Working Capital Ratio | Sep 30 2024 MRQ Current Assets | Sep 30 2024 MRQ Current Liabilities | | Cohen and Steers Inc | 3.60 | $ 185.147 Millions | $ 51.494 Millions | | Blackstone Inc | 3.55 | $ 7,817.219 Millions | $ 2,202.689 Millions | | Value Line Inc | 3.42 | $ 74.858 Millions | $ 21.897 Millions | | Tpg Inc | 3.38 | $ 1,482.150 Millions | $ 439.131 Millions | | Janus Henderson Group Plc | 3.08 | $ 3,135.300 Millions | $ 1,016.400 Millions | | Evercore Inc | 2.98 | $ 2,479.865 Millions | $ 831.750 Millions | | Lazard Inc | 2.92 | $ 1,847.745 Millions | $ 633.712 Millions | | Wisdomtree Investments Inc | 2.88 | $ 307.165 Millions | $ 106.473 Millions | | Federated Hermes Inc | 2.75 | $ 723.186 Millions | $ 263.138 Millions | | Hamilton Lane Inc | 2.70 | $ 210.238 Millions | $ 77.861 Millions | | Franklin Resources Inc | 2.69 | $ 2,578.500 Millions | $ 957.900 Millions | | Affiliated Managers Group inc | 2.45 | $ 1,533.900 Millions | $ 625.700 Millions | | Blue Owl Capital Inc | 1.89 | $ 641.422 Millions | $ 340.171 Millions | | Artisan Partners Asset Management Inc | 1.88 | $ 363.925 Millions | $ 193.207 Millions | | Jefferies Financial Group Inc | 1.82 | $ 27,479.383 Millions | $ 15,134.075 Millions | | Virtu Financial inc | 1.66 | $ 4,910.698 Millions | $ 2,955.339 Millions | | P10 Inc | 1.63 | $ 162.641 Millions | $ 99.652 Millions | | Lpl Financial Holdings Inc | 1.55 | $ 4,244.266 Millions | $ 2,736.121 Millions | | Brightsphereinvestment Group Inc | 1.42 | $ 53.600 Millions | $ 37.700 Millions | | Cboe Global Markets Inc | 1.39 | $ 3,318.000 Millions | $ 2,389.800 Millions | | Abacus Life Inc | 1.29 | $ 30.797 Millions | $ 23.862 Millions | | Gcm Grosvenor Inc | 1.24 | $ 105.846 Millions | $ 85.465 Millions | | The Goldman Sachs Group Inc | 1.22 | $ 1,152,486.000 Millions | $ 945,627.000 Millions | | Bgc Group Inc | 1.22 | $ 1,075.503 Millions | $ 884.076 Millions | | Cohen and Co Inc | 1.21 | $ 727.587 Millions | $ 599.667 Millions | | Invesco Ltd | 1.21 | $ 1,755.700 Millions | $ 1,455.600 Millions | | Robinhood Markets Inc | 1.18 | $ 42,605.000 Millions | $ 35,958.000 Millions | | Siebert Financial Corp | 1.13 | $ 549.924 Millions | $ 488.739 Millions | | Stepstone Group Inc | 1.11 | $ 193.935 Millions | $ 175.357 Millions | | Freedom Holding Corp | 0.98 | $ 5,794.259 Millions | $ 5,941.108 Millions |
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