CSIMarket
 


Nobility Homes Inc   (NOBH)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services

Nobility Homes Inc 's Working Capital Ratio

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


Current Liabilities decreased faster than Nobility Homes Inc 's Current Assets, this led to improvement in Nobility Homes Inc 's Working Capital Ratio to 3.8, Working Capital Ratio remained below Nobility Homes Inc average.

Within Construction Services industry 21 other companies have achieved higher Working Capital Ratio than Nobility Homes Inc in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1376 to 1430.

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


NOBH Working Capital Ratio (Aug 05 2023)
III. Quarter
(May 06 2023)
II. Quarter
(Feb 04 2023)
I. Quarter
(Nov 05 2022)
IV. Quarter
(Aug 06 2022)
III. Quarter
Y / Y Current Liabilities Change -20.1 % -20.54 % -8.03 % -13.91 % 5.33 %
Y / Y Current Assets Change 0.32 % -0.36 % -8.06 % -10.32 % -4.45 %
Working Capital Ratio MRQ 3.8 3.56 3.44 3.33 3.03
NOBH's Total Ranking # 1430 # 1376 # 1183 # 1473 # 1630
Seq. Current Liabilities Change -8.83 % -7.07 % 3.69 % -9.05 % -9.34 %
Seq. Current Assets Change -2.77 % -3.71 % 7 % 0.15 % -3.43 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Construction Services Industry # 22
Capital Goods Sector # 78
Overall Market # 1430


Working Capital Ratio Statistics
High Average Low
17.6 8.45 2.84
(Feb 02 2013)   (May 07 2022)




Financial Statements
Nobility Homes Inc 's Current Liabilities $ 13 Millions Visit NOBH's Balance sheet
Nobility Homes Inc 's Current Assets $ 48 Millions Visit NOBH's Balance sheet
Source of NOBH's Sales Visit NOBH's Sales by Geography


Cumulative Nobility Homes Inc 's Working Capital Ratio

NOBH's Working Capital Ratio for the trailling 12 Months

NOBH Working Capital Ratio

(Aug 05 2023)
III. Quarter
(May 06 2023)
II. Quarter
(Feb 04 2023)
I. Quarter
(Nov 05 2022)
IV. Quarter
(Aug 06 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -20.1 % -20.54 % -8.03 % -13.91 % 5.33 %
Y / Y Current Assets TTM Growth 0.32 % -0.36 % -8.06 % -10.32 % -4.45 %
Working Capital Ratio TTM 3.52 3.33 3.14 3.15 3.12
Total Ranking TTM # 4229 # 4026 # 3062 # 4119 # 1783
Seq. Current Liabilities TTM Growth -8.83 % -7.07 % 3.69 % -9.05 % -9.34 %
Seq. Current Assets TTM Growth -2.77 % -3.71 % 7 % 0.15 % -3.43 %


On the trailing twelve months basis NOBH Current Assets improved by 0.32 % in III Quarter 2023 year on year, while Current Liabilities decreased to $13 millions, this led to increase in in Nobility Homes Inc 's Working Capital Ratio to 3.52, Working Capital Ratio remained below NOBH average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Construction Services industry 48 other companies have achieved higher Working Capital Ratio than Nobility Homes Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 4026 to 4229.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Construction Services Industry # 49
Capital Goods Sector # 275
Within the Market # 4229


trailing twelve months Working Capital Ratio Statistics
High Average Low
14.17 7.63 3.1
(March 31, 2013)   (Aug 06 2022)




Companies with similar Working Capital Ratio in the quarter ending Aug 05 2023, within Construction Services Industry Working Capital RatioAug 05 2023 MRQ Current AssetsAug 05 2023 MRQ Current Liabilities
Green Brick Partners Inc   10.45 $ 1,637.186  Millions$ 156.714  Millions
Meritage Homes Corporation  9.46 $ 5,792.895  Millions$ 612.221  Millions
Tri Pointe Homes Inc   8.52 $ 4,292.029  Millions$ 503.904  Millions
Lgi Homes Inc   8.34 $ 2,963.523  Millions$ 355.130  Millions
M d c Holdings Inc   6.89 $ 4,821.665  Millions$ 699.443  Millions
Taylor Morrison Home Corp  6.88 $ 6,858.410  Millions$ 996.525  Millions
Mistras Group inc   6.69 $ 170.830  Millions$ 25.544  Millions
D r Horton Inc   6.37 $ 26,362.600  Millions$ 4,135.500  Millions
Mi Homes Inc   5.96 $ 2,687.014  Millions$ 451.052  Millions
Kb Home  5.86 $ 6,026.888  Millions$ 1,028.669  Millions
Landsea Homes Corporation  5.69 $ 1,203.405  Millions$ 211.345  Millions
Pultegroup Inc  5.50 $ 13,063.761  Millions$ 2,374.867  Millions
Toll Brothers Inc   4.60 $ 10,419.327  Millions$ 2,264.013  Millions
Argan Inc  4.59 $ 455.132  Millions$ 99.150  Millions
Hovnanian Enterprises Inc  4.54 $ 1,736.442  Millions$ 382.195  Millions
Skyline Champion Corporation  4.39 $ 1,079.028  Millions$ 245.944  Millions
Nvr Inc   3.85 $ 2,577.428  Millions$ 669.121  Millions
Nobility Homes Inc   3.80 $ 48.185  Millions$ 12.684  Millions
Dycom Industries Inc   3.39 $ 1,555.247  Millions$ 459.446  Millions
Sterling Infrastructure Inc   3.35 $ 715.800  Millions$ 213.759  Millions
Installed Building Products Inc   3.22 $ 918.102  Millions$ 285.443  Millions
Vse Corporation  3.21 $ 674.224  Millions$ 210.221  Millions
Cavco Industries Inc   2.93 $ 858.687  Millions$ 293.376  Millions
Southland Holdings Inc   2.85 $ 899.485  Millions$ 316.063  Millions
Preformed Line Products Company  2.79 $ 353.423  Millions$ 126.770  Millions
Emcor Group Inc   2.51 $ 3,809.621  Millions$ 1,520.537  Millions
Topbuild Corp  2.37 $ 1,794.596  Millions$ 758.343  Millions
Wang and Lee Group Inc   2.21 $ 11.298  Millions$ 5.105  Millions
Legacy Housing Corporation  2.15 $ 92.696  Millions$ 43.093  Millions
Comfort Systems Usa inc   1.91 $ 1,500.323  Millions$ 785.105  Millions

Date modified: 2023-09-20T08:28:48+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com