|
Financial Institutions Inc (FISI) |
|
|
|
Financial Institutions Inc 's Quick Ratio
FISI's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.19 below Financial Institutions Inc 's average Quick Ratio.
Within Commercial Banks industry 18 other companies have achieved higher Quick Ratio than Financial Institutions Inc in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 1737, from total ranking in the second quarter 2023 at 2297.
Explain Quick Ratio?
How much Cash & cash equivalents FISI´s has?
What are FISI´s Current Liabilities?
Select the Comparisons :
|
|
Select the Ratio:
|
|
FISI Quick 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 |
8.28 % |
9.72 % |
5.08 % |
5.71 % |
-0.02 % |
Y / Y Cash & cash equivalent Change |
-3.49 % |
-6.37 % |
-15.84 % |
-13.74 % |
-21.8 % |
Quick Ratio MRQ |
0.19 |
0.2 |
0.21 |
0.21 |
0.22 |
FISI's Total
Ranking |
# 1737 |
# 2297 |
# 1988 |
# 2474 |
# 2900 |
Seq. Current Liabilities Change |
-0.42 % |
2.88 % |
2.39 % |
3.22 % |
0.91 % |
Seq. Cash & cash equivalent Change |
-4.22 % |
0.64 % |
0.05 % |
0.07 % |
-7.08 % |
Quick Ratio third quarter 2023 Company Ranking |
Within: |
No. |
Commercial Banks Industry |
# 19 |
Financial Sector |
# 333 |
Overall Market |
# 1737 |
Quick Ratio Statistics |
High |
Average |
Low |
0.28 |
0.19 |
0.03 |
(Sep 30 2021) |
|
(Jun 30 2013) |
Cumulative Financial Institutions Inc 's Quick Ratio
FISI's Quick Ratio for the trailling 12 Months
FISI Quick 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 |
8.28 % |
9.72 % |
5.08 % |
5.71 % |
-0.02 % |
Y / Y Cash & cash equivalent TTM Growth |
-3.49 % |
-6.37 % |
-15.84 % |
-13.74 % |
-21.8 % |
Quick Ratio TTM |
0.2 |
0.21 |
0.22 |
0.23 |
0.24 |
Total
Ranking TTM |
# 2241
| # 2701
| # 2696
| # 2079
| # 0
|
Seq. Current Liabilities TTM Growth |
-0.42 % |
2.88 % |
2.39 % |
3.22 % |
0.91 % |
Seq. Cash & cash equivalent TTM Growth |
-4.22 % |
0.64 % |
0.05 % |
0.07 % |
-7.08 % |
On the trailing twelve months basis Due to decrease in Current Liabilities in the III Quarter 2023 to $5,385.97 millions, cumulative Quick Ratio decreased to 0.2 above the FISI average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Commercial Banks industry 18 other companies have achieved higher Quick Ratio than Financial Institutions Inc . While Quick Ratio overall ranking has improved so far to 2241, from total ranking during the twelve months ending second quarter 2023 at 2701.
Explain Quick Ratio?
How much Cash & cash equivalents FISI´s has?
What are FISI´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Commercial Banks Industry |
# 19 |
Financial Sector |
# 333 |
Within the Market |
# 2241 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
0.28 |
0.19 |
0.03 |
(Sep 30 2021) |
|
(Jun 30 2013) |
Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Commercial Banks Industry | Quick Ratio | Sep 30 2023 MRQ Cash & cash equivalent | Sep 30 2023 MRQ Current Liabilities | Bank Of America Corporation | 0.44 | $ 1,088,122.000 Millions | $ 2,472,847.000 Millions | Pacwest Bancorp | 0.41 | $ 11,331.083 Millions | $ 27,313.135 Millions | National Bankshares Inc | 0.41 | $ 604.641 Millions | $ 1,465.551 Millions | Ames National Corporation | 0.39 | $ 736.944 Millions | $ 1,895.480 Millions | Landmark Bancorp Inc | 0.36 | $ 480.678 Millions | $ 1,331.219 Millions | Wesbanco Inc | 0.30 | $ 3,913.488 Millions | $ 13,208.337 Millions | Citigroup inc | 0.29 | $ 432,916.000 Millions | $ 1,481,296.000 Millions | Fncb Bancorp Inc | 0.29 | $ 437.142 Millions | $ 1,503.376 Millions | Virginia National Bankshares Corp | 0.29 | $ 406.516 Millions | $ 1,416.580 Millions | Zions Bancorporation National Association | 0.28 | $ 22,165.000 Millions | $ 79,745.000 Millions | Comerica Incorporated | 0.27 | $ 17,954.000 Millions | $ 67,158.000 Millions | Consumers Bancorp Inc | 0.26 | $ 263.523 Millions | $ 999.815 Millions | City Holding Company | 0.26 | $ 1,358.219 Millions | $ 5,223.805 Millions | Us Bancorp De | 0.24 | $ 131,561.000 Millions | $ 540,258.000 Millions | Camden National Corp | 0.24 | $ 1,230.255 Millions | $ 5,148.546 Millions | First Financial Ban corp | 0.24 | $ 3,264.696 Millions | $ 13,889.741 Millions | Park National Corporation | 0.23 | $ 2,015.811 Millions | $ 8,600.787 Millions | Santander Holdings Usa Inc | 0.23 | $ 19,201.738 Millions | $ 82,961.211 Millions | American National Bankshares Inc | 0.22 | $ 578.561 Millions | $ 2,656.244 Millions | Regions Financial Corporation | 0.22 | $ 27,782.000 Millions | $ 128,199.000 Millions | Community Ban corp | 0.21 | $ 199.461 Millions | $ 932.785 Millions | Peoples Financial Services Corp | 0.21 | $ 713.550 Millions | $ 3,396.880 Millions | First Of Long Island Corp | 0.21 | $ 719.702 Millions | $ 3,453.333 Millions | United Security Bancshares | 0.19 | $ 223.154 Millions | $ 1,145.499 Millions | Financial Institutions Inc | 0.19 | $ 1,046.326 Millions | $ 5,385.973 Millions | Evans Bancorp Inc | 0.19 | $ 352.286 Millions | $ 1,818.853 Millions | Synovus Financial Corp | 0.18 | $ 9,273.367 Millions | $ 50,206.252 Millions | Wilson Bank Holding Co | 0.18 | $ 781.878 Millions | $ 4,240.042 Millions | Jpmorgan Chase and Co | 0.18 | $ 538,338.000 Millions | $ 3,010,712.000 Millions | Hanmi Financial Corporation | 0.17 | $ 1,106.248 Millions | $ 6,344.135 Millions |
|