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Interface Inc  (TILE)
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Interface Inc's Working Capital Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 2.94 above Interface Inc average.

Within Furniture & Fixtures industry Interface Inc booked the highest Working Capital Ratio than Interface Inc in the third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 953, from total ranking in the second quarter 2023 at 1079.

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


TILE Working Capital Ratio (Oct 01 2023)
III. Quarter
(Jul 02 2023)
II. Quarter
(Apr 02 2023)
I. Quarter
(Jan 01 2023)
IV. Quarter
(Oct 02 2022)
III. Quarter
Y / Y Current Liabilities Change -11.59 % -22.35 % -9.52 % -15.62 % 2.6 %
Y / Y Current Assets Change -2.86 % -7.21 % 4.8 % 7.81 % 12.58 %
Working Capital Ratio MRQ 2.94 3.18 2.91 2.96 2.67
TILE's Total Ranking # 953 # 1079 # 1432 # 758 # 2469
Seq. Current Liabilities Change 9.15 % -12.98 % 0.61 % -7.49 % -4.13 %
Seq. Current Assets Change 0.75 % -4.95 % -0.85 % 2.31 % -3.77 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Furniture & Fixtures Industry # 1
Consumer Discretionary Sector # 35
Overall Market # 953


Working Capital Ratio Statistics
High Average Low
3.18 2.68 2.22
(Jul 02 2023)   (Dec 29 2019)




Financial Statements
Interface Inc's Current Liabilities $ 199 Millions Visit TILE's Balance sheet
Interface Inc's Current Assets $ 586 Millions Visit TILE's Balance sheet
Source of TILE's Sales Visit TILE's Sales by Geography


Cumulative Interface Inc's Working Capital Ratio

TILE's Working Capital Ratio for the trailling 12 Months

TILE Working Capital Ratio

(Oct 01 2023)
III. Quarter
(Jul 02 2023)
II. Quarter
(Apr 02 2023)
I. Quarter
(Jan 01 2023)
IV. Quarter
(Oct 02 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -11.59 % -22.35 % -9.52 % -15.62 % 2.6 %
Y / Y Current Assets TTM Growth -2.86 % -7.21 % 4.8 % 7.81 % 12.58 %
Working Capital Ratio TTM 2.99 2.92 2.8 2.7 2.54
Total Ranking TTM # 756 # 1274 # 1406 # 1554 # 1869
Seq. Current Liabilities TTM Growth 9.15 % -12.98 % 0.61 % -7.49 % -4.13 %
Seq. Current Assets TTM Growth 0.75 % -4.95 % -0.85 % 2.31 % -3.77 %


On the trailing twelve months basis Current Liabilities decreased faster than Interface Inc's average Current Assets, this led to increase in in Interface Inc's Working Capital Ratio to 2.99, above TILE average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Furniture & Fixtures industry 12 other companies have achieved higher Working Capital Ratio than Interface Inc. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 2586 to 2623.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Furniture & Fixtures Industry # 13
Consumer Discretionary Sector # 124
Within the Market # 953


trailing twelve months Working Capital Ratio Statistics
High Average Low
3 2.59 2.19
(Jan 01 2017)   (Oct 04 2020)




Companies with similar Working Capital Ratio in the quarter ending Oct 01 2023, within Furniture & Fixtures Industry Working Capital RatioOct 01 2023 MRQ Current AssetsOct 01 2023 MRQ Current Liabilities
Hooker Furnishings Corporation  4.32 $ 201.287  Millions$ 46.616  Millions
Flexsteel Industries Inc   3.53 $ 165.155  Millions$ 46.834  Millions
Interface Inc  2.94 $ 585.840  Millions$ 199.360  Millions
The Dixie Group Inc   2.85 $ 120.675  Millions$ 42.317  Millions
La z boy Incorporated  2.37 $ 841.016  Millions$ 354.413  Millions
Tile shop holdings inc   2.20 $ 130.024  Millions$ 59.116  Millions
Ethan Allen Interiors Inc   2.14 $ 352.798  Millions$ 164.942  Millions
Bassett Furniture Industries Incorporated  1.96 $ 161.077  Millions$ 82.043  Millions
Masterbrand Inc   1.94 $ 684.000  Millions$ 352.500  Millions
Leggett and Platt Inc  1.87 $ 1,886.200  Millions$ 1,009.100  Millions
Mohawk Industries Inc   1.73 $ 5,504.325  Millions$ 3,188.574  Millions
Nova Lifestyle Inc   1.55 $ 3.642  Millions$ 2.351  Millions
Luvu Brands Inc   1.52 $ 6.484  Millions$ 4.255  Millions
Tempur Sealy International Inc   1.32 $ 1,247.700  Millions$ 946.200  Millions
Williams sonoma Inc   1.31 $ 2,347.335  Millions$ 1,788.986  Millions
Polished com Inc   1.18 $ 107.513  Millions$ 90.968  Millions
Container Store Group Inc   1.14 $ 231.756  Millions$ 203.962  Millions

Date modified: 2023-11-08T20:11:09+00:00



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