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Equity Bancshares Inc (NYSE: EQBK) |
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Equity Bancshares Inc 's Working Capital Ratio
EQBK's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
In the wake of the increase in Current Liabilities in the third quarter 2024, Working Capital Ratio fell to 0.3 a new company low.
Within Regional Banks industry 82 other companies have achieved higher Working Capital Ratio than Equity Bancshares Inc in third quarter 2024. While Working Capital Ratio total ranking has improved so far during the Q3 2024 to 3647, from total ranking in the second quarter 2024 at 3983.
Explain Working Capital Ratio
How much Current Assetss EQBK´s has?
What are EQBK´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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EQBK Working Capital Ratio |
(Sep 30 2024) Q3 |
(Jun 30 2024) Q2 |
(Mar 31 2024) Q1 |
(Dec 31 2023) Q4 |
(Sep 30 2023) Q3 |
Y / Y Current Liabilities Change |
6.65 % |
2.38 % |
1.89 % |
-2.21 % |
-3.38 % |
Y / Y Current Assets Change |
2.99 % |
-3.7 % |
-7.17 % |
1.03 % |
-6.93 % |
Working Capital Ratio MRQ |
0.3 |
0.31 |
0.31 |
0.32 |
0.31 |
EQBK's Total
Ranking |
# 3647 |
# 3983 |
# 0 |
# 0 |
# 2823 |
Seq. Current Liabilities Change |
0.57 % |
-0.76 % |
5.24 % |
1.54 % |
-3.45 % |
Seq. Current Assets Change |
-1.74 % |
-1.29 % |
2.67 % |
3.42 % |
-8.12 % |
Working Capital Ratio third quarter 2024 Company Ranking |
Within: |
No. |
Regional Banks Industry |
# 83 |
Financial Sector |
# 597 |
Overall Market |
# 3647 |
Working Capital Ratio Statistics |
High |
Average |
Low |
1.14 |
0.81 |
0.3 |
(Mar 31 2020) |
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(Sep 30 2024) |
Cumulative Equity Bancshares Inc 's Working Capital Ratio
EQBK's Working Capital Ratio for the trailling 12 Months
EQBK Working Capital Ratio |
(Sep 30 2024) 12 Months |
(Jun 30 2024) 12 Months |
(Mar 31 2024) 12 Months |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 12 Months |
Y / Y Current Liabilities TTM Growth |
6.65 % |
2.38 % |
1.89 % |
-2.21 % |
-3.38 % |
Y / Y Current Assets TTM Growth |
2.99 % |
-3.7 % |
-7.17 % |
1.03 % |
-6.93 % |
Working Capital Ratio TTM |
0.31 |
0.31 |
0.32 |
0.33 |
0.32 |
Total
Ranking TTM |
# 2697
| # 3348
| # 0
| # 0
| # 3668
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Seq. Current Liabilities TTM Growth |
0.57 % |
-0.76 % |
5.24 % |
1.54 % |
-3.45 % |
Seq. Current Assets TTM Growth |
-1.74 % |
-1.29 % |
2.67 % |
3.42 % |
-8.12 % |
On the trailing twelve months basis In Spite of the rise in Current Liabilities in the Q3 2024 to $4,438.18 millions, cumulative Working Capital Ratio remained unchanged at 0.31 below the Equity Bancshares Inc average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Regional Banks industry 82 other companies have achieved higher Working Capital Ratio than Equity Bancshares Inc . While Working Capital Ratio overall ranking has improved so far to 2697, from total ranking during the twelve months ending second quarter 2024 at 3348.
Explain Working Capital Ratio
How much Current Assetss EQBK´s has?
What are EQBK´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Regional Banks Industry |
# 83 |
Financial Sector |
# 597 |
Within the Market |
# 2697 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.14 |
0.81 |
0.3 |
(Mar 31 2020) |
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(Sep 30 2024) |
Companies with similar Working Capital Ratio in the quarter ending Sep 30 2024, within Regional Banks Industry | Working Capital Ratio | Sep 30 2024 MRQ Current Assets | Sep 30 2024 MRQ Current Liabilities | Eagle Bancorp inc | 0.81 | $ 7,922.123 Millions | $ 9,780.850 Millions | Pathfinder Bancorp Inc | 0.74 | $ 933.987 Millions | $ 1,256.764 Millions | First Interstate Bancsystem Inc | 0.71 | $ 17,864.700 Millions | $ 25,278.800 Millions | Prosperity Bancshares Inc | 0.48 | $ 13,628.545 Millions | $ 28,490.736 Millions | International Bancshares Corporation | 0.48 | $ 6,103.315 Millions | $ 12,807.313 Millions | Northern Trust Corporation | 0.47 | $ 58,873.800 Millions | $ 124,116.000 Millions | Flagstar Financial Inc | 0.44 | $ 36,600.000 Millions | $ 83,073.000 Millions | Cvb Financial Corp | 0.43 | $ 5,387.761 Millions | $ 12,473.679 Millions | Flushing Financial Corporation | 0.42 | $ 364.757 Millions | $ 860.930 Millions | Franklin Financial Services Corporation | 0.41 | $ 711.977 Millions | $ 1,723.491 Millions | Peoples Financial Corporation | 0.40 | $ 278.855 Millions | $ 696.086 Millions | First Financial Bankshares Inc | 0.39 | $ 4,612.299 Millions | $ 11,787.255 Millions | The Bank Of New York Mellon Corporation | 0.35 | $ 117,778.000 Millions | $ 336,192.000 Millions | First Bancorp | 0.34 | $ 5,648.107 Millions | $ 16,546.585 Millions | Bank Of The James Financial Group Inc | 0.34 | $ 304.373 Millions | $ 908.368 Millions | Auburn National Bancorporation Inc | 0.32 | $ 293.059 Millions | $ 901.724 Millions | Equity Bancshares Inc | 0.30 | $ 1,339.310 Millions | $ 4,438.179 Millions | Heartland Financial Usa Inc | 0.26 | $ 4,136.710 Millions | $ 15,758.596 Millions | Blue Ridge Bankshares Inc | 0.24 | $ 571.029 Millions | $ 2,346.492 Millions | Midland States Bancorp Inc | 0.24 | $ 1,543.156 Millions | $ 6,374.422 Millions | Norwood Financial Corp | 0.24 | $ 458.354 Millions | $ 1,920.392 Millions | Chemung Financial Corp | 0.23 | $ 578.479 Millions | $ 2,493.984 Millions | Southside Bancshares Inc | 0.23 | $ 1,486.616 Millions | $ 6,541.512 Millions | Qcr Holdings inc | 0.21 | $ 1,524.999 Millions | $ 7,273.152 Millions | Op Bancorp | 0.18 | $ 375.608 Millions | $ 2,084.086 Millions | Premier Financial Corp | 0.18 | $ 1,255.532 Millions | $ 7,142.636 Millions | Bar Harbor Bankshares | 0.17 | $ 551.092 Millions | $ 3,261.086 Millions | Bankwell Financial Group Inc | 0.17 | $ 457.606 Millions | $ 2,733.765 Millions | Homestreet Inc | 0.16 | $ 1,363.921 Millions | $ 8,437.931 Millions | Baycom Corp | 0.16 | $ 336.006 Millions | $ 2,141.138 Millions |
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