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Live Oak Bancshares Inc   (LOB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Live Oak Bancshares Inc 's Quick Ratio

LOB's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Live Oak Bancshares Inc 's Cash & cash equivalent grew by 8.22 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Live Oak Bancshares Inc 's Quick Ratio to 0.06, Quick Ratio remained below Live Oak Bancshares Inc average.

Within Regional Banks industry 13 other companies have achieved higher Quick Ratio than Live Oak Bancshares Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 1210, from total ranking in the third quarter 2023 at 2109.

Explain Quick Ratio?
How much Cash & cash equivalents LOBīs has?
What are LOBīs Current Liabilities?


LOB Quick 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 15.65 % 19.02 % 21.13 % 23.37 % 24.93 %
Y / Y Cash & cash equivalent Change 105.04 % 58.72 % -48.09 % -65.56 % -74.5 %
Quick Ratio MRQ 0.06 0.05 0.08 0.05 0.03
LOB's Total Ranking # 1210 # 2109 # 2436 # 3893 # 2242
Seq. Current Liabilities Change 2.71 % 1.26 % 4.85 % 6.04 % 5.71 %
Seq. Cash & cash equivalent Change 8.22 % -33.69 % 73.83 % 64.36 % -16.23 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Regional Banks Industry # 14
Financial Sector # 221
Overall Market # 1210


Quick Ratio Statistics
High Average Low
0.36 0.19 0.03
(Jun 30 2020)   (Dec 31 2022)




Financial Statements
Live Oak Bancshares Inc 's Current Liabilities $ 10,275 Millions Visit LOB's Balance sheet
Live Oak Bancshares Inc 's Cash & cash equivalent $ 583 Millions Visit LOB's Balance sheet
Source of LOB's Sales Visit LOB's Sales by Geography


Cumulative Live Oak Bancshares Inc 's Quick Ratio

LOB's Quick Ratio for the trailling 12 Months

LOB Quick 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 15.65 % 19.02 % 21.13 % 23.37 % 24.93 %
Y / Y Cash & cash equivalent TTM Growth 105.04 % 58.72 % -48.09 % -65.56 % -74.5 %
Quick Ratio TTM 0.06 0.06 0.05 0.08 0.11
Total Ranking TTM # 1418 # 1051 # 3328 # 3673 # 3699
Seq. Current Liabilities TTM Growth 2.71 % 1.26 % 4.85 % 6.04 % 5.71 %
Seq. Cash & cash equivalent TTM Growth 8.22 % -33.69 % 73.83 % 64.36 % -16.23 %


On the trailing twelve months basis In Spite of the rise in Current Liabilities in the IV Quarter 2023 to $10,275.02 millions, cumulative Quick Ratio remained unchanged at 0.06 below the Live Oak Bancshares Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Regional Banks industry 13 other companies have achieved higher Quick Ratio than Live Oak Bancshares Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 1051 to 1418.

Explain Quick Ratio?
How much Cash & cash equivalents LOBīs has?
What are LOBīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Regional Banks Industry # 14
Financial Sector # 221
Within the Market # 1418


trailing twelve months Quick Ratio Statistics
High Average Low
0.36 0.19 0.03
(Jun 30 2020)   (Dec 31 2022)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Regional Banks Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Origin Bancorp Inc   0.15 $ 1,272.054  Millions$ 8,381.802  Millions
Investar Holding Corporation  0.14 $ 361.918  Millions$ 2,511.937  Millions
Baycom Corp  0.14 $ 307.539  Millions$ 2,137.302  Millions
Central Valley Community Bancorp  0.14 $ 302.442  Millions$ 2,121.612  Millions
Bankwell Financial Group Inc   0.14 $ 396.780  Millions$ 2,790.525  Millions
New York Community Bancorp Inc   0.14 $ 11,475.000  Millions$ 81,526.000  Millions
Ohio Valley Banc Corp  0.14 $ 162.258  Millions$ 1,153.138  Millions
Midwestone Financial Group Inc   0.14 $ 795.134  Millions$ 5,695.937  Millions
Skyline Bankshares Inc   0.14 $ 127.389  Millions$ 929.273  Millions
Fifth Third Bancorp  0.13 $ 22,981.000  Millions$ 174,161.000  Millions
Greene County Bancorp Inc   0.13 $ 311.631  Millions$ 2,487.430  Millions
Summit Financial Group Inc   0.13 $ 502.762  Millions$ 4,018.105  Millions
First Foundation inc   0.12 $ 1,326.629  Millions$ 10,819.452  Millions
Fs Bancorp Inc   0.12 $ 317.100  Millions$ 2,616.069  Millions
The Bank Of New York Mellon Corporation  0.12 $ 38,958.000  Millions$ 322,138.000  Millions
Uscb Financial Holdings Inc   0.12 $ 229.329  Millions$ 1,937.139  Millions
First Internet Bancorp  0.12 $ 474.855  Millions$ 4,081.157  Millions
Popular Inc   0.11 $ 7,419.333  Millions$ 64,624.254  Millions
Associated Banc corp  0.11 $ 3,873.309  Millions$ 33,772.829  Millions
Capital City Bank Group Inc   0.11 $ 421.020  Millions$ 3,737.163  Millions
Penns Woods Bancorp inc   0.11 $ 190.945  Millions$ 1,739.233  Millions
First Business Financial Services Inc   0.10 $ 297.006  Millions$ 2,848.728  Millions
First Community Bankshares Inc  0.10 $ 280.961  Millions$ 2,723.444  Millions
Mainstreet Bancshares Inc   0.10 $ 174.441  Millions$ 1,701.127  Millions
Great Southern Bancorp inc   0.10 $ 478.207  Millions$ 4,868.952  Millions
Cathay General Bancorp  0.09 $ 1,778.558  Millions$ 19,328.711  Millions
Trustco Bank Corp Ny  0.08 $ 452.289  Millions$ 5,478.435  Millions
Connectone Bancorp Inc   0.08 $ 617.162  Millions$ 7,536.202  Millions
Ofg Bancorp  0.08 $ 752.809  Millions$ 9,903.730  Millions
Unity Bancorp inc   0.07 $ 135.689  Millions$ 1,948.405  Millions

Date modified: 2024-02-23T12:58:12+00:00



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