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Huntington Bancshares Incorporated (HBAN) |
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Huntington Bancshares Incorporated's Working Capital Ratio
HBAN's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Huntington Bancshares Incorporated's Current Assets grew by 2373.19 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Huntington Bancshares Incorporated's Working Capital Ratio to 0.28, Working Capital Ratio remained below Huntington Bancshares Incorporated average.
Within Commercial Banks industry only one company has achieved higher Working Capital Ratio in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 511 to 844.
Explain Working Capital Ratio
How much in Current Assets HBAN´s has?
What is the value of HBAN´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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HBAN Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities Change |
1.27 % |
1.91 % |
0.83 % |
3.09 % |
4.42 % |
Y / Y Current Assets Change |
0.81 % |
0.35 % |
-90.79 % |
-91.61 % |
-72.01 % |
Working Capital Ratio MRQ |
0.28 |
0.01 |
0.01 |
0.01 |
0.28 |
HBAN's Total
Ranking |
# 844 |
# 511 |
# 545 |
# 4726 |
# 553 |
Seq. Current Liabilities Change |
1.54 % |
-0.11 % |
-1.62 % |
1.49 % |
2.18 % |
Seq. Current Assets Change |
2373.19 % |
-2.32 % |
11.22 % |
-96.25 % |
2361.91 % |
Working Capital Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Commercial Banks Industry |
# 2 |
Financial Sector |
# 93 |
Overall Market |
# 844 |
Working Capital Ratio Statistics |
High |
Average |
Low |
1.2 |
0.98 |
0.01 |
(June 30. 2004) |
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(Mar 31 2023) |
Cumulative Huntington Bancshares Incorporated's Working Capital Ratio
HBAN's Working Capital Ratio for the trailling 12 Months
HBAN Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities TTM Growth |
1.27 % |
1.91 % |
0.83 % |
3.09 % |
4.42 % |
Y / Y Current Assets TTM Growth |
0.81 % |
0.35 % |
-90.79 % |
-91.61 % |
-72.01 % |
Working Capital Ratio TTM |
0.08 |
0.08 |
0.08 |
0.11 |
0.14 |
Total
Ranking TTM |
# 2098
| # 3904
| # 836
| # 0
| # 3756
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Seq. Current Liabilities TTM Growth |
1.54 % |
-0.11 % |
-1.62 % |
1.49 % |
2.18 % |
Seq. Current Assets TTM Growth |
2373.19 % |
-2.32 % |
11.22 % |
-96.25 % |
2361.91 % |
On the trailing twelve months basis In Spite of the rise in Current Liabilities in the IV Quarter 2023 to $151,850.00 millions, cumulative Working Capital Ratio remained unchanged at 0.08 below the Huntington Bancshares Incorporated average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Commercial Banks industry just one company has achieved higher Working Capital Ratio during the twelve months ending in the Dec 31 2023. While Working Capital Ratio overall ranking has improved so far to 2098, from total ranking during the twelve months ending third quarter 2023 at 3904.
Explain Working Capital Ratio
How much in Current Assets HBAN´s has?
What is the value of HBAN´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Commercial Banks Industry |
# 2 |
Financial Sector |
# 93 |
Within the Market |
# 2098 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.2 |
0.98 |
0.01 |
(June 30. 2004) |
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(Mar 31 2023) |
Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Commercial Banks Industry | Working Capital Ratio | Dec 31 2023 MRQ Current Assets | Dec 31 2023 MRQ Current Liabilities | Bank Of America Corporation | 0.51 | $ 1,273,235.000 Millions | $ 2,490,771.000 Millions | Cullen | 0.41 | $ 19,066.195 Millions | $ 46,061.956 Millions | Citigroup inc | 0.29 | $ 439,098.000 Millions | $ 1,501,483.000 Millions | Huntington Bancshares Incorporated | 0.28 | $ 42,613.000 Millions | $ 151,850.000 Millions | Zions Bancorporation National Association | 0.27 | $ 21,667.000 Millions | $ 79,340.000 Millions | Santander Holdings Usa Inc | 0.26 | $ 21,086.303 Millions | $ 82,238.742 Millions | Park National Corporation | 0.21 | $ 1,910.318 Millions | $ 8,894.937 Millions | Peoples Financial Services Corp | 0.20 | $ 674.834 Millions | $ 3,302.392 Millions | Synovus Financial Corp | 0.19 | $ 9,825.985 Millions | $ 50,742.681 Millions | Jpmorgan Chase and Co | 0.16 | $ 476,588.000 Millions | $ 2,975,262.000 Millions | Lcnb Corp | 0.16 | $ 300.182 Millions | $ 1,921.784 Millions | Us Bancorp De | 0.12 | $ 61,192.000 Millions | $ 527,591.000 Millions | Hsbc Usa Inc | 0.10 | $ 13,878.000 Millions | $ 134,682.000 Millions | Pathward Financial Inc | 0.10 | $ 722.404 Millions | $ 7,164.541 Millions | Wells Fargo and Company | 0.10 | $ 148,551.000 Millions | $ 1,537,437.000 Millions | Wafd Inc | 0.08 | $ 1,369.736 Millions | $ 16,293.874 Millions |
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