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Schwab Charles Corp  (SCHW)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial

Schwab Charles's Working Capital Ratio

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


Schwab Charles's Current Assets grew by 9.47 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Schwab Charles's Working Capital Ratio to 0.36, Working Capital Ratio remained below Schwab Charles Corp average.

Within Investment Services industry 43 other companies have achieved higher Working Capital Ratio than Schwab Charles in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 2302 to 2452.

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


SCHW 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 -20.66 % -24.82 % -28.66 % -28.75 % -14.91 %
Y / Y Current Assets Change 4.89 % -14.98 % -74.68 % -76.81 % -81.53 %
Working Capital Ratio MRQ 0.36 0.33 0.35 0.32 0.27
SCHW's Total Ranking # 2452 # 2302 # 2296 # 1886 # 1666
Seq. Current Liabilities Change 2.24 % -5.55 % -5.77 % -12.81 % -3.12 %
Seq. Current Assets Change 9.47 % -9.31 % 0.41 % 5.21 % -11.27 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Investment Services Industry # 44
Financial Sector # 367
Overall Market # 2452


Working Capital Ratio Statistics
High Average Low
1.49 0.95 0.27
(Dec 31 2013)   (Dec 31 2022)




Financial Statements
Schwab Charles's Current Liabilities $ 314,906 Millions Visit SCHW's Balance sheet
Schwab Charles's Current Assets $ 112,004 Millions Visit SCHW's Balance sheet
Source of SCHW's Sales Visit SCHW's Sales by Geography


Cumulative Schwab Charles's Working Capital Ratio

SCHW's Working Capital Ratio for the trailling 12 Months

SCHW 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 -20.66 % -24.82 % -28.66 % -28.75 % -14.91 %
Y / Y Current Assets TTM Growth 4.89 % -14.98 % -74.68 % -76.81 % -81.53 %
Working Capital Ratio TTM 0.34 0.32 0.31 0.49 0.66
Total Ranking TTM # 2073 # 3599 # 3235 # 3298 # 4146
Seq. Current Liabilities TTM Growth 2.24 % -5.55 % -5.77 % -12.81 % -3.12 %
Seq. Current Assets TTM Growth 9.47 % -9.31 % 0.41 % 5.21 % -11.27 %


On the trailing twelve months basis SCHW Current Assets improved by 4.89 % in IV Quarter 2023 year on year, while Current Liabilities rose to $314,906 millions, this led to increase in in Schwab Charles's Working Capital Ratio to 0.34, Working Capital Ratio remained below SCHW average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Investment Services industry 43 other companies have achieved higher Working Capital Ratio than Schwab Charles. While Working Capital Ratio overall ranking has improved so far to 2073, from total ranking during the twelve months ending third quarter 2023 at 3599.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Investment Services Industry # 44
Financial Sector # 367
Within the Market # 2073


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.49 0.95 0.27
(Dec 31 2013)   (Dec 31 2022)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Investment Services Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Lpl Financial Holdings Inc   0.94 $ 2,738.747  Millions$ 2,915.476  Millions
Morningstar inc   0.93 $ 815.700  Millions$ 880.800  Millions
Morgan Stanley  0.88 $ 401,168.000  Millions$ 455,261.000  Millions
Stonex Group Inc   0.79 $ 13,949.700  Millions$ 17,628.200  Millions
Hamilton Lane Inc  0.74 $ 174.419  Millions$ 235.179  Millions
Digitalbridge Group Inc   0.63 $ 431.150  Millions$ 681.451  Millions
Gcm Grosvenor Inc   0.59 $ 57.935  Millions$ 98.561  Millions
Schwab Charles Corp  0.36 $ 112,004.000  Millions$ 314,906.000  Millions
Raymond James Financial Inc   0.25 $ 14,817.000  Millions$ 58,128.000  Millions
Interactive Brokers Group inc   0.15 $ 17,110.000  Millions$ 113,642.000  Millions

Date modified: 2024-02-24T17:12:45+00:00



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