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Spar Group Inc (NASDAQ: SGRP) |
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Spar Group Inc 's Working Capital Ratio
SGRP's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Current Liabilities decreased faster than Spar Group Inc 's Current Assets, this led to improvement in Spar Group Inc 's Working Capital Ratio to 1.77, Working Capital Ratio remained below Spar Group Inc average.
Within Professional Services industry 44 other companies have achieved higher Working Capital Ratio than Spar Group Inc in third quarter 2024. While Working Capital Ratio total ranking has improved so far during the Q3 2024 to 1896, from total ranking in the second quarter 2024 at 2327.
Explain Working Capital Ratio
How much Current Assetss SGRP´s has?
What are SGRP´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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SGRP 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 |
-34.39 % |
-28.25 % |
2.66 % |
-10.98 % |
-15.15 % |
Y / Y Current Assets Change |
-24.15 % |
-21.52 % |
14.04 % |
-5.95 % |
-7.57 % |
Working Capital Ratio MRQ |
1.77 |
1.67 |
1.69 |
1.57 |
1.53 |
SGRP's Total
Ranking |
# 1896 |
# 2327 |
# 1782 |
# 1815 |
# 2248 |
Seq. Current Liabilities Change |
-7.21 % |
-32.86 % |
13.3 % |
-7.05 % |
1.47 % |
Seq. Current Assets Change |
-2.05 % |
-33.71 % |
22.45 % |
-4.59 % |
1.35 % |
Working Capital Ratio third quarter 2024 Company Ranking |
Within: |
No. |
Professional Services Industry |
# 45 |
Services Sector |
# 169 |
Overall Market |
# 1896 |
Working Capital Ratio Statistics |
High |
Average |
Low |
13.2 |
1.89 |
1.27 |
(Dec 31 2018) |
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(Mar 31 2019) |
Cumulative Spar Group Inc 's Working Capital Ratio
SGRP's Working Capital Ratio for the trailling 12 Months
SGRP 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 |
-34.39 % |
-28.25 % |
2.66 % |
-10.98 % |
-15.15 % |
Y / Y Current Assets TTM Growth |
-24.15 % |
-21.52 % |
14.04 % |
-5.95 % |
-7.57 % |
Working Capital Ratio TTM |
1.67 |
1.61 |
1.58 |
1.54 |
1.52 |
Total
Ranking TTM |
# 3453
| # 2633
| # 2475
| # 2795
| # 3613
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Seq. Current Liabilities TTM Growth |
-7.21 % |
-32.86 % |
13.3 % |
-7.05 % |
1.47 % |
Seq. Current Assets TTM Growth |
-2.05 % |
-33.71 % |
22.45 % |
-4.59 % |
1.35 % |
On the trailing twelve months basis Current Liabilities decreased faster than Spar Group Inc 's average Current Assets, this led to increase in in Spar Group Inc 's Working Capital Ratio to 1.67, Working Capital Ratio remained below SGRP average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Professional Services industry 116 other companies have achieved higher Working Capital Ratio than Spar Group Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 2633 to 3453.
Explain Working Capital Ratio
How much Current Assetss SGRP´s has?
What are SGRP´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Professional Services Industry |
# 117 |
Services Sector |
# 477 |
Within the Market |
# 3453 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
4.82 |
1.88 |
1.32 |
(Dec 31 2018) |
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(Dec 31 2019) |
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Date modified: 2024-11-16T05:51:21+00:00
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