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Velatel Global Communications, Inc.  (VELA)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services

Velatel Global Communications's Working Capital Ratio

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


Velatel Global Communications's Current Assets grew by 153.64 % in the IV Quarter 2013 sequentially, faster than Current Liabilities, this led to improvement in Velatel Global Communications's Working Capital Ratio to 0.07, Working Capital Ratio remained below Velatel Global Communications, Inc. average.

Within Communications Services industry 44 other companies have achieved higher Working Capital Ratio than Velatel Global Communications in forth quarter 2013. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2013 to 4154, from total ranking in the third quarter 2013 at 4851.

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


VELA Working Capital Ratio (Dec 31 2013)
IV. Quarter
(Sep 30 2013)
III. Quarter
(Jun 30 2013)
II. Quarter
(Mar 31 2013)
I. Quarter
(Dec 31 2012)
IV. Quarter
Y / Y Current Liabilities Change 31.15 % 82.83 % 219.78 % 237.87 % -
Y / Y Current Assets Change -39.75 % -73.67 % 3.83 % 96.11 % -
Working Capital Ratio MRQ 0.07 0.03 0.1 0.14 0.15
VELA's Total Ranking # 4154 # 4851 # 4851 # 4236 # 4239
Seq. Current Liabilities Change 10.02 % -14.6 % -3.95 % 45.33 % 53.38 %
Seq. Current Assets Change 153.64 % -73.99 % -30.73 % 31.83 % 10.86 %



Working Capital Ratio forth quarter 2013 Company Ranking
Within: No.
Communications Services Industry # 45
Services Sector # 488
Overall Market # 4154


Working Capital Ratio Statistics
High Average Low
0.31 0.16 0.03
(Jun 30 2012)   (Sep 30 2013)




Financial Statements
Velatel Global Communications's Current Liabilities $ 53 Millions Visit VELA's Balance sheet
Velatel Global Communications's Current Assets $ 4 Millions Visit VELA's Balance sheet
Source of VELA's Sales Visit VELA's Sales by Geography


Cumulative Velatel Global Communications's Working Capital Ratio

VELA's Working Capital Ratio for the trailling 12 Months

VELA Working Capital Ratio

(Dec 31 2013)
IV. Quarter
(Sep 30 2013)
III. Quarter
(Jun 30 2013)
II. Quarter
(Mar 31 2013)
I. Quarter
(Dec 31 2012)
IV. Quarter
Y / Y Current Liabilities TTM Growth 31.15 % 82.83 % 219.78 % 237.87 % -
Y / Y Current Assets TTM Growth -39.75 % -73.67 % 3.83 % 96.11 % -
Working Capital Ratio TTM 0.09 0.1 0.14 0.18 0.21
Total Ranking TTM # 1646 # 1277 # 1339 # 1546 # 1642
Seq. Current Liabilities TTM Growth 10.02 % -14.6 % -3.95 % 45.33 % 53.38 %
Seq. Current Assets TTM Growth 153.64 % -73.99 % -30.73 % 31.83 % 10.86 %


On the trailing twelve months basis Due to increase in Current Liabilities in the IV Quarter 2013 to $53.08 millions, cumulative Working Capital Ratio decreased to 0.09 below the Velatel Global Communications, Inc. average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Communications Services industry 13 other companies have achieved higher Working Capital Ratio than Velatel Global Communications. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2013 from 1277 to 1646.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Communications Services Industry # 14
Services Sector # 160
Within the Market # 1646


trailing twelve months Working Capital Ratio Statistics
High Average Low
0.2 0.14 0.09
(Dec 31 2012)   (Dec 31 2013)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2013, within Communications Services Industry Working Capital RatioDec 31 2013 MRQ Current AssetsDec 31 2013 MRQ Current Liabilities
Triton Emission Solutions Inc   0.17 $ 0.448  Millions$ 2.583  Millions
Nuvera Communications Inc   0.14 $ 6.497  Millions$ 44.945  Millions
Unified Signal, Inc.  0.13 $ 0.501  Millions$ 3.811  Millions
Cleartronic Inc   0.13 $ 0.109  Millions$ 0.845  Millions
High Wire Networks Inc   0.09 $ 0.122  Millions$ 1.380  Millions
Velatel Global Communications, Inc.  0.07 $ 3.698  Millions$ 53.077  Millions
Fullnet Communications Inc   0.06 $ 0.056  Millions$ 0.885  Millions
Directview Holdings Inc  0.02 $ 0.064  Millions$ 4.035  Millions

Date modified: 2023-03-24T21:15:43+00:00



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