CSIMarket
 


Spar Group Inc   (NASDAQ: SGRP)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services

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?


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)   (Mar 31 2019)




Financial Statements
Spar Group Inc 's Current Liabilities $ 34 Millions Visit SGRP's Balance sheet
Spar Group Inc 's Current Assets $ 61 Millions Visit SGRP's Balance sheet
Source of SGRP's Sales Visit SGRP's Sales by Geography


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
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)   (Dec 31 2019)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2024, within Professional Services Industry Working Capital RatioSep 30 2024 MRQ Current AssetsSep 30 2024 MRQ Current Liabilities
Trinity Place Holdings inc   4.67 $ 1.382  Millions$ 0.296  Millions
Xometry Inc   4.59 $ 325.709  Millions$ 70.892  Millions
International Money Express Inc   4.33 $ 325.841  Millions$ 75.171  Millions
Forrester Research Inc   4.32 $ 193.867  Millions$ 44.845  Millions
Paymentus Holdings Inc   4.31 $ 320.097  Millions$ 74.248  Millions
Mays J W Inc  3.95 $ 7.431  Millions$ 1.881  Millions
First Advantage Corporation  3.93 $ 466.975  Millions$ 118.786  Millions
Bridger Aerospace Group Holdings Inc   3.83 $ 74.312  Millions$ 19.414  Millions
Trueblue Inc   3.67 $ 285.300  Millions$ 77.837  Millions
Paltalk Inc  3.47 $ 13.154  Millions$ 3.788  Millions
Hudson Global Inc   3.27 $ 43.021  Millions$ 13.141  Millions
Optimizerx Corp  3.26 $ 47.268  Millions$ 14.502  Millions
Healthequity Inc   3.20 $ 495.246  Millions$ 154.539  Millions
Zillow Group Inc   3.13 $ 2,669.000  Millions$ 854.000  Millions
Resources Connection Inc   3.06 $ 211.468  Millions$ 69.049  Millions
Maplebear Inc   3.06 $ 2,509.000  Millions$ 820.000  Millions
Exlservice Holdings Inc   3.02 $ 767.689  Millions$ 254.185  Millions
Shift4 Payments Inc   2.98 $ 2,094.600  Millions$ 703.400  Millions
American Well Corporation  2.92 $ 356.877  Millions$ 122.173  Millions
Paid Inc   2.88 $ 5.823  Millions$ 2.020  Millions
Nv5 Global Inc   2.88 $ 399.122  Millions$ 138.745  Millions
Cross Country Healthcare Inc  2.84 $ 336.586  Millions$ 118.617  Millions
Accolade Inc   2.72 $ 274.736  Millions$ 101.020  Millions
Repay Holdings Corporation  2.70 $ 224.769  Millions$ 83.263  Millions
Future Fintech Group Inc  2.68 $ 45.141  Millions$ 16.848  Millions
Performant Financial Corporation  2.67 $ 38.331  Millions$ 14.368  Millions
Remitly Global Inc   2.66 $ 861.256  Millions$ 324.095  Millions
Marchex Inc   2.52 $ 21.809  Millions$ 8.664  Millions
New England Realty Associates Limited Partnership  2.50 $ 16.024  Millions$ 6.398  Millions
Sezzle Inc   2.40 $ 232.427  Millions$ 96.879  Millions

Date modified: 2024-11-16T05:51:21+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

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