CSIMarket
 


Ree Automotive Ltd   (REE)
Other Ticker:  
 

Ree Automotive Ltd 's Working Capital Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2022, Working Capital Ratio deteriorated to 9.58 below Ree Automotive Ltd 's average Working Capital Ratio.

Within EV, Auto & Truck Manufacturers industry 6 other companies have achieved higher Working Capital Ratio than Ree Automotive Ltd in forth quarter 2022. While Working Capital Ratio total ranking in the forth quarter 2022 has deteriorated compared to the prior quarter from 133 to 401.

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


REE Working Capital Ratio (Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Current Liabilities Change -18.7 % -18.7 % -18.7 % -18.7 % 18393.91 %
Y / Y Current Assets Change -42.51 % -42.47 % -42.48 % -42.39 % 10367.78 %
Working Capital Ratio MRQ 9.58 9.59 9.59 9.6 13.55
REE's Total Ranking # 401 # 133 # 133 # 585 # 403
Seq. Current Liabilities Change 0 % 0 % 0 % -18.7 % 0 %
Seq. Current Assets Change -0.08 % 0.02 % -0.15 % -42.39 % 0 %



Working Capital Ratio forth quarter 2022 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 7
Consumer Discretionary Sector # 12
Overall Market # 401


Working Capital Ratio Statistics
High Average Low
56.21 13.42 1.8
(Mar 31 2018)   (Dec 31 2018)




Financial Statements
Ree Automotive Ltd 's Current Liabilities $ 17 Millions Visit REE's Balance sheet
Ree Automotive Ltd 's Current Assets $ 166 Millions Visit REE's Balance sheet
Source of REE's Sales Visit REE's Sales by Geography


Cumulative Ree Automotive Ltd 's Working Capital Ratio

REE's Working Capital Ratio for the trailling 12 Months

REE Working Capital Ratio

(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Current Liabilities TTM Growth -18.7 % -18.7 % -18.7 % -18.7 % 18393.91 %
Y / Y Current Assets TTM Growth -42.51 % -42.47 % -42.48 % -42.39 % 10367.78 %
Working Capital Ratio TTM 9.59 10.74 11.78 12.71 13.55
Total Ranking TTM # 423 # 211 # 266 # 336 # 374
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % -18.7 % 0 %
Seq. Current Assets TTM Growth -0.08 % 0.02 % -0.15 % -42.39 % 0 %


On the trailing twelve months basis In spite of the year on year decrease in REE's Current Liabilities to $17.29 millions, cumulative Working Capital Ratio to 9.59 below the REE average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within EV, Auto & Truck Manufacturers industry REE achieved the highest Working Capital Ratio. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2022 from 211 to 423.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the EV, Auto & Truck Manufacturers Industry # 1
Consumer Discretionary Sector # 10
Within the Market # 423


trailing twelve months Working Capital Ratio Statistics
High Average Low
39.8 14.96 4.31
(Mar 31 2018)   (Sep 30 2017)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2022, within EV, Auto & Truck Manufacturers Industry Working Capital RatioDec 31 2022 MRQ Current AssetsDec 31 2022 MRQ Current Liabilities
Lordstown Motors Corp   19.99 $ 255.875  Millions$ 12.801  Millions
Lightning Emotors Inc   15.37 $ 122.377  Millions$ 7.961  Millions
Ree Automotive Ltd   9.58 $ 165.675  Millions$ 17.290  Millions
Rivian Automotive Inc   6.10 $ 13,130.000  Millions$ 2,154.000  Millions
Lucid Group Inc   5.30 $ 4,912.028  Millions$ 926.973  Millions
Electrameccanica Vehicles Corp   4.15 $ 150.153  Millions$ 36.197  Millions
Kandi Technologies Group Inc   4.04 $ 329.323  Millions$ 81.506  Millions
Nwtn Inc   3.81 $ 240.279  Millions$ 63.131  Millions
Cenntro Electric Group Limited  3.05 $ 203.011  Millions$ 66.521  Millions
Federal Signal Corporation  2.94 $ 531.400  Millions$ 180.500  Millions
Paccar Inc  2.67 $ 24,069.400  Millions$ 9,023.400  Millions
Oshkosh Corporation  2.62 $ 4,532.100  Millions$ 1,731.900  Millions
Fisker Inc   2.57 $ 831.454  Millions$ 323.796  Millions
Workhorse Group Inc   2.38 $ 139.358  Millions$ 58.650  Millions

Date modified: 2023-10-24T09:07:46+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