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Trans lux Corporation  (TNLX)
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Trans Lux's Working Capital Ratio

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


Trans Lux's Current Assets grew by 16.71 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Trans Lux's Working Capital Ratio to 0.32, Working Capital Ratio remained below Trans lux Corporation average.

Within Miscellaneous Manufacturing industry 35 other companies have achieved higher Working Capital Ratio than Trans Lux in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 3704 to 4209.

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


TNLX Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 1.23 % 0.59 % 3.07 % 7.03 % 46.37 %
Y / Y Current Assets Change -33.93 % -32.17 % -1.78 % 30.97 % 131.4 %
Working Capital Ratio MRQ 0.32 0.31 0.39 0.42 0.49
TNLX's Total Ranking # 4209 # 3704 # 3926 # 4460 # 4457
Seq. Current Liabilities Change 13.27 % 0.55 % 1.29 % -12.25 % 12.55 %
Seq. Current Assets Change 16.71 % -20.18 % -5.63 % -24.85 % 19.82 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 36
Capital Goods Sector # 265
Overall Market # 4209


Working Capital Ratio Statistics
High Average Low
0.9 0.51 0.3
(Jun 30 2019)   (Jun 30 2021)




Financial Statements
Trans Lux's Current Liabilities $ 18 Millions Visit TNLX's Balance sheet
Trans Lux's Current Assets $ 6 Millions Visit TNLX's Balance sheet
Source of TNLX's Sales Visit TNLX's Sales by Geography


Cumulative Trans Lux's Working Capital Ratio

TNLX's Working Capital Ratio for the trailling 12 Months

TNLX Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 1.23 % 0.59 % 3.07 % 7.03 % 46.37 %
Y / Y Current Assets TTM Growth -33.93 % -32.17 % -1.78 % 30.97 % 131.4 %
Working Capital Ratio TTM 0.36 0.4 0.44 0.45 0.43
Total Ranking TTM # 3578 # 4026 # 3847 # 4211 # 3177
Seq. Current Liabilities TTM Growth 13.27 % 0.55 % 1.29 % -12.25 % 12.55 %
Seq. Current Assets TTM Growth 16.71 % -20.18 % -5.63 % -24.85 % 19.82 %


On the trailing twelve months basis Due to increase in Current Liabilities in the III Quarter 2023 to $18.41 millions, cumulative Working Capital Ratio decreased to 0.36 below the Trans Lux Corporation average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Miscellaneous Manufacturing industry 35 other companies have achieved higher Working Capital Ratio than Trans Lux. While Working Capital Ratio overall ranking has improved so far to 3578, from total ranking during the twelve months ending second quarter 2023 at 4026.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Miscellaneous Manufacturing Industry # 36
Capital Goods Sector # 245
Within the Market # 3578


trailing twelve months Working Capital Ratio Statistics
High Average Low
0.72 0.52 0.33
(Mar 31 2020)   (Dec 31 2021)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Miscellaneous Manufacturing Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Toughbuilt Industries Inc   0.74 $ 39.441  Millions$ 53.248  Millions
Trans lux Corporation  0.32 $ 5.866  Millions$ 18.414  Millions
Cryomass Technologies Inc   0.11 $ 0.222  Millions$ 1.980  Millions
Black Bird Biotech Inc   0.09 $ 0.091  Millions$ 1.019  Millions

Date modified: 2023-11-12T06:59:56+00:00



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