CSIMarket
 


Fresh Vine Wine Inc   (VINE)
Other Ticker:  
 

Fresh Vine Wine Inc 's Working Capital Ratio

VINE'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 1.7 a new company low.

Within Nonalcoholic Beverages industry 13 other companies have achieved higher Working Capital Ratio than Fresh Vine Wine Inc in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1674 to 2409.

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


VINE 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 53.07 % -11.31 % -15.85 % - -
Y / Y Current Assets Change -71.55 % -73.17 % -53.45 % - -
Working Capital Ratio MRQ 1.7 2.66 5.64 2.66 9.16
VINE's Total Ranking # 2409 # 1674 # 894 # 1843 # 637
Seq. Current Liabilities Change 23.41 % -4.88 % -56.11 % 197.07 % -28.5 %
Seq. Current Assets Change -20.96 % -55.2 % -6.91 % -13.72 % -25.44 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Nonalcoholic Beverages Industry # 14
Consumer Non Cyclical Sector # 89
Overall Market # 2409


Working Capital Ratio Statistics
High Average Low
10.2 5.83 1.7
(Mar 31 2022)   (Sep 30 2023)




Financial Statements
Fresh Vine Wine Inc 's Current Liabilities $ 2 Millions Visit VINE's Balance sheet
Fresh Vine Wine Inc 's Current Assets $ 3 Millions Visit VINE's Balance sheet
Source of VINE's Sales Visit VINE's Sales by Geography


Cumulative Fresh Vine Wine Inc 's Working Capital Ratio

VINE's Working Capital Ratio for the trailling 12 Months

VINE 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 53.07 % -11.31 % -15.85 % - -
Y / Y Current Assets TTM Growth -71.55 % -73.17 % -53.45 % - -
Working Capital Ratio TTM 3 4.25 5.5 6.53 9.44
Total Ranking TTM # 3859 # 1312 # 665 # 4610 # 453
Seq. Current Liabilities TTM Growth 23.41 % -4.88 % -56.11 % 197.07 % -28.5 %
Seq. Current Assets TTM Growth -20.96 % -55.2 % -6.91 % -13.72 % -25.44 %


On the trailing twelve months basis Due to growth in Current Liabilities in the III Quarter 2023 to $1.53 millions, cumulative Working Capital Ratio decreased to 3 below the Fresh Vine Wine Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Nonalcoholic Beverages industry 28 other companies have achieved higher Working Capital Ratio than Fresh Vine Wine Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 1312 to 3859.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Nonalcoholic Beverages Industry # 29
Consumer Non Cyclical Sector # 173
Within the Market # 3859


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.79 3.82 2.82
(Dec 31 2022)   (Sep 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Nonalcoholic Beverages Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Monster Beverage Corporation  4.51 $ 5,311.515  Millions$ 1,178.802  Millions
Jones Soda Co  3.91 $ 11.836  Millions$ 3.030  Millions
Celsius Holdings Inc   3.62 $ 1,215.149  Millions$ 335.517  Millions
National Beverage Corp   3.54 $ 456.483  Millions$ 129.067  Millions
The Vita Coco Company Inc   3.34 $ 247.308  Millions$ 74.039  Millions
The Duckhorn Portfolio Inc   3.11 $ 490.028  Millions$ 157.486  Millions
Willamette Valley Vineyards Inc   2.44 $ 30.049  Millions$ 12.319  Millions
Zevia Pbc  2.35 $ 107.221  Millions$ 45.581  Millions
Brc Inc   1.86 $ 138.085  Millions$ 74.105  Millions
Coca cola Consolidated Inc   1.85 $ 1,676.475  Millions$ 907.833  Millions
Equator Beverage Company  1.76 $ 0.545  Millions$ 0.309  Millions
Fresh Vine Wine Inc   1.70 $ 2.607  Millions$ 1.532  Millions
Better Choice Company Inc   1.59 $ 20.915  Millions$ 13.174  Millions
Westrock Coffee Company  1.53 $ 339.596  Millions$ 222.150  Millions
Andina Bottling Co Inc  1.42 $ 1,425.590  Millions$ 1,006.091  Millions
Vintage Wine Estates Inc   1.37 $ 265.443  Millions$ 193.734  Millions
Constellation Brands Inc   1.20 $ 3,434.300  Millions$ 2,857.500  Millions
Ambev S a   0.89 $ 6,946.989  Millions$ 7,790.969  Millions
Pepsico Inc   0.88 $ 28,649.000  Millions$ 32,660.000  Millions
Reed s Inc   0.85 $ 23.501  Millions$ 27.678  Millions
Primo Water Corp  0.84 $ 526.100  Millions$ 625.300  Millions
Coca Cola Co  0.65 $ 15,984.000  Millions$ 24,409.000  Millions
Coca cola Europacific Partners Plc  0.65 $ 7,397.600  Millions$ 11,307.520  Millions
Splash Beverage Group Inc   0.46 $ 5.168  Millions$ 11.130  Millions
Keurig Dr Pepper Inc   0.39 $ 3,406.000  Millions$ 8,692.000  Millions

Date modified: 2023-11-16T15:37:40+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