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Platinum Group Metals Ltd   (PLG)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Platinum Group Metals Ltd 's Working Capital Ratio

PLG'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 5.52 above company average Working Capital Ratio.

Within Metal Mining industry 11 other companies have achieved higher Working Capital Ratio than Platinum Group Metals Ltd in forth quarter 2023. While total ranking remained the same in the IV Quarter 2023 compared to the third quarter 2023 at no. 730.

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


PLG Working Capital Ratio (Aug 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Aug 31 2020)
IV. Quarter
Y / Y Current Liabilities Change -68.22 % -68.22 % -68.22 % -68.22 % -
Y / Y Current Assets Change 295.19 % 295.19 % 295.19 % 295.19 % -
Working Capital Ratio MRQ 5.52 5.52 5.52 5.52 0.44
PLG's Total Ranking # 730 # 730 # 763 # 0 #
Seq. Current Liabilities Change 0 % 0 % 0 % -68.22 % 0 %
Seq. Current Assets Change 0 % 0 % 0 % 295.19 % 0 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Metal Mining Industry # 12
Basic Materials Sector # 30
Overall Market # 730


Working Capital Ratio Statistics
High Average Low
5.52 2.98 0.44
(Aug 31 2023)   (Aug 31 2020)




Financial Statements
Platinum Group Metals Ltd 's Current Liabilities $ 1 Millions Visit PLG's Balance sheet
Platinum Group Metals Ltd 's Current Assets $ 8 Millions Visit PLG's Balance sheet
Source of PLG's Sales Visit PLG's Sales by Geography


Cumulative Platinum Group Metals Ltd 's Working Capital Ratio

PLG's Working Capital Ratio for the trailling 12 Months

PLG Working Capital Ratio

(Aug 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Aug 31 2020)
IV. Quarter
Y / Y Current Liabilities TTM Growth -68.22 % -68.22 % -68.22 % -68.22 % -
Y / Y Current Assets TTM Growth 295.19 % 295.19 % 295.19 % 295.19 % -
Working Capital Ratio TTM 5.52 2.92 1.67 0.93 0.44
Total Ranking TTM # 595 # 3239 # 3464 # 0 #
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % -68.22 % 0 %
Seq. Current Assets TTM Growth 0 % 0 % 0 % 295.19 % 0 %


On the trailing twelve months basis PLG Current Assets more than doubled by 295.19 % in IV Quarter 2023 year on year, while Current Liabilities remained unchanged to $1 millions, this led to increase in in Platinum Group Metals Ltd 's Working Capital Ratio to 5.52, above PLG average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 9 other companies have achieved higher Working Capital Ratio than Platinum Group Metals Ltd . While Working Capital Ratio overall ranking has improved so far to 595, from total ranking during the twelve months ending third quarter 2023 at 3239.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 10
Basic Materials Sector # 30
Within the Market # 595


trailing twelve months Working Capital Ratio Statistics
High Average Low
5.52 1.82 0.09
(Aug 31 2023)   0




Companies with similar Working Capital Ratio in the quarter ending Aug 31 2023, within Metal Mining Industry Working Capital RatioAug 31 2023 MRQ Current AssetsAug 31 2023 MRQ Current Liabilities
Mag Silver Corp   15.04 $ 72.053  Millions$ 4.791  Millions
United States Antimony Corporation  12.99 $ 16.629  Millions$ 1.280  Millions
Nevada Canyon Gold Corp   12.87 $ 10.457  Millions$ 0.813  Millions
Texas Mineral Resources Corp   11.98 $ 1.119  Millions$ 0.093  Millions
Nexgen Energy Ltd   11.00 $ 235.135  Millions$ 21.381  Millions
U s Gold Corp   10.14 $ 4.482  Millions$ 0.442  Millions
Goldmining Inc   10.12 $ 18.175  Millions$ 1.796  Millions
Trilogy Metals Inc   7.29 $ 3.516  Millions$ 0.482  Millions
Baiyu Holdings Inc   6.93 $ 213.034  Millions$ 30.742  Millions
Mp Materials Corp   6.65 $ 640.643  Millions$ 96.284  Millions
Dakota Gold Corp   6.49 $ 13.424  Millions$ 2.070  Millions
Ur energy Inc   5.71 $ 66.531  Millions$ 11.650  Millions
Platinum Group Metals Ltd   5.52 $ 7.552  Millions$ 1.367  Millions
Vista Gold Corp   5.44 $ 5.131  Millions$ 0.944  Millions
Mesabi Trust  5.34 $ 26.013  Millions$ 4.874  Millions
Vox Royalty Corp   4.57 $ 13.283  Millions$ 2.904  Millions
Ivanhoe Electric Inc   4.42 $ 260.787  Millions$ 59.066  Millions
Enertopia Corp   4.27 $ 1.348  Millions$ 0.315  Millions
Contango Ore Inc   4.02 $ 20.083  Millions$ 5.001  Millions
Southern Copper Corp  3.70 $ 4,748.000  Millions$ 1,284.100  Millions
Silvercrest Metals Inc   3.45 $ 178.533  Millions$ 51.773  Millions
Uranium Energy Corp  3.40 $ 104.170  Millions$ 30.602  Millions
New Found Gold Corp   3.28 $ 47.780  Millions$ 14.560  Millions
Centerra Gold Inc   3.25 $ 966.027  Millions$ 297.437  Millions
Freeport mcmoran Inc   2.90 $ 14,077.000  Millions$ 4,860.000  Millions
Mcewen Mining inc   2.42 $ 125.790  Millions$ 52.043  Millions
Royal Gold inc  2.31 $ 163.766  Millions$ 70.847  Millions
B2gold Corp   2.27 $ 710.729  Millions$ 313.471  Millions
Scandium International Mining Corp   2.15 $ 1.156  Millions$ 0.537  Millions
Newmont Corporation  2.12 $ 5,955.000  Millions$ 2,808.000  Millions

Date modified: 2023-11-22T11:40:51+00:00



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