CSIMarket
 


Sifco Industries Inc  (SIF)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates

Sifco Industries Inc's Working Capital Ratio

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


In the wake of the increase in Current Liabilities in the second quarter 2024, Working Capital Ratio fell to 0.98 a new company low.

Within Conglomerates industry 16 other companies have achieved higher Working Capital Ratio than Sifco Industries Inc in second quarter 2024. While Working Capital Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from 691 to 2468.

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


SIF Working Capital Ratio (Mar 31 2024)
II. Quarter
(Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
Y / Y Current Liabilities Change 38.37 % 30.81 % 26.06 % 25.02 % 15.42 %
Y / Y Current Assets Change 24.66 % 15.6 % 6.95 % -2.19 % -12.71 %
Working Capital Ratio MRQ 0.98 0.99 1.03 1.1 1.09
SIF's Total Ranking # 2468 # 691 # 3356 # 3391 # 3537
Seq. Current Liabilities Change 10.27 % 19.41 % 5.53 % -0.42 % 4.25 %
Seq. Current Assets Change 8.5 % 14.71 % -0.53 % 0.7 % 0.62 %



Working Capital Ratio second quarter 2024 Company Ranking
Within: No.
Conglomerates Industry # 17
Conglomerates Sector # 17
Overall Market # 2468


Working Capital Ratio Statistics
High Average Low
3.9 1.81 0.98
(Jun 30 2015)   (Mar 31 2024)




Financial Statements
Sifco Industries Inc's Current Liabilities $ 53 Millions Visit SIF's Balance sheet
Sifco Industries Inc's Current Assets $ 52 Millions Visit SIF's Balance sheet
Source of SIF's Sales Visit SIF's Sales by Geography


Cumulative Sifco Industries Inc's Working Capital Ratio

SIF's Working Capital Ratio for the trailling 12 Months

SIF Working Capital Ratio

(Mar 31 2024)
II. Quarter
(Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
Y / Y Current Liabilities TTM Growth 38.37 % 30.81 % 26.06 % 25.02 % 15.42 %
Y / Y Current Assets TTM Growth 24.66 % 15.6 % 6.95 % -2.19 % -12.71 %
Working Capital Ratio TTM 1.02 1.05 1.08 1.13 1.2
Total Ranking TTM # 2216 # 2520 # 2981 # 3066 # 3283
Seq. Current Liabilities TTM Growth 10.27 % 19.41 % 5.53 % -0.42 % 4.25 %
Seq. Current Assets TTM Growth 8.5 % 14.71 % -0.53 % 0.7 % 0.62 %


On the trailing twelve months basis Due to increase in Current Liabilities in the II Quarter 2024 to $52.78 millions, cumulative Working Capital Ratio decreased to 1.02 below the Sifco Industries Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Conglomerates industry 19 other companies have achieved higher Working Capital Ratio than Sifco Industries Inc. While Working Capital Ratio overall ranking has improved so far to 2249, from total ranking during the twelve months ending first quarter 2023 at 2252.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Conglomerates Industry # 20
Conglomerates Sector # 20
Within the Market # 2468


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.43 1.66 1.01
(June 30. 2015)   (Mar 31 2024)




Companies with similar Working Capital Ratio in the quarter ending Mar 31 2024, within Conglomerates Industry Working Capital RatioMar 31 2024 MRQ Current AssetsMar 31 2024 MRQ Current Liabilities
Hamilton Beach Brands Holding Company  2.08 $ 262.291  Millions$ 126.194  Millions
Aterian Inc   1.95 $ 43.585  Millions$ 22.346  Millions
Helen Of Troy Limited  1.87 $ 843.918  Millions$ 450.811  Millions
Honeywell International Inc  1.66 $ 27,434.000  Millions$ 16,488.000  Millions
Interdigital Inc   1.34 $ 1,215.436  Millions$ 903.819  Millions
Joint Corp  1.34 $ 44.632  Millions$ 33.347  Millions
Steel Partners Holdings L p   1.24 $ 2,313.232  Millions$ 1,864.948  Millions
Rtx Corporation  1.07 $ 48,023.000  Millions$ 45,019.000  Millions
Digital Turbine Inc   1.03 $ 242.341  Millions$ 236.024  Millions
Royalty Management Holding Corporation  0.99 $ 0.928  Millions$ 0.941  Millions
Xcel Brands inc   0.98 $ 6.071  Millions$ 6.180  Millions
Sifco Industries Inc  0.98 $ 51.621  Millions$ 52.782  Millions
Scientific Energy Inc   0.59 $ 8.392  Millions$ 14.336  Millions

Date modified: 2024-05-11T17:49:30+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