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National Bankshares Inc  (NKSH)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial

National Bankshares Inc's Quick Ratio

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


National Bankshares Inc's Cash & cash equivalent grew by 4.45 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in National Bankshares Inc's Quick Ratio to 0.42, above National Bankshares Inc average Quick Ratio.

Within Commercial Banks industry only one company has achieved higher Quick Ratio in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 1593, from total ranking in the third quarter 2023 at 2619.

Explain Quick Ratio?
How much Cash & cash equivalents NKSH´s has?
What are NKSH´s Current Liabilities?


NKSH 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 -2.43 % -6.69 % -5.74 % -2.08 % 3.22 %
Y / Y Cash & cash equivalent Change -5.63 % -9.53 % -20.37 % -19.14 % -18.87 %
Quick Ratio MRQ 0.42 0.41 0.42 0.44 0.43
NKSH's Total Ranking # 1593 # 2619 # 2728 # 2863 # 3298
Seq. Current Liabilities Change 2.72 % -1.46 % -1.62 % -2.01 % -1.77 %
Seq. Cash & cash equivalent Change 4.45 % -3.87 % -5.09 % -0.97 % 0.13 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Commercial Banks Industry # 2
Financial Sector # 246
Overall Market # 1592


Quick Ratio Statistics
High Average Low
0.55 0.41 0.29
(Dec 31 2021)   (Sep 30 2013)




Financial Statements
National Bankshares Inc's Current Liabilities $ 1,505 Millions Visit NKSH's Balance sheet
National Bankshares Inc's Cash & cash equivalent $ 632 Millions Visit NKSH's Balance sheet
Source of NKSH's Sales Visit NKSH's Sales by Geography


Cumulative National Bankshares Inc's Quick Ratio

NKSH's Quick Ratio for the trailling 12 Months

NKSH 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 -2.43 % -6.69 % -5.74 % -2.08 % 3.22 %
Y / Y Cash & cash equivalent TTM Growth -5.63 % -9.53 % -20.37 % -19.14 % -18.87 %
Quick Ratio TTM 0.42 0.43 0.43 0.45 0.47
Total Ranking TTM # 1593 # 2619 # 2728 # 2863 # 3298
Seq. Current Liabilities TTM Growth 2.72 % -1.46 % -1.62 % -2.01 % -1.77 %
Seq. Cash & cash equivalent TTM Growth 4.45 % -3.87 % -5.09 % -0.97 % 0.13 %


On the trailing twelve months basis In spite of the year on year decrease in NKSH's Current Liabilities to $1,505.39 millions, cumulative Quick Ratio to 0.42 above the company average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Commercial Banks industry just one company has achieved higher Quick Ratio during the twelve months ending in the Dec 31 2023. While Quick Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending third quarter 2023 at 2132.

Explain Quick Ratio?
How much Cash & cash equivalents NKSH´s has?
What are NKSH´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Commercial Banks Industry # 2
Financial Sector # 246
Within the Market # 1593


trailing twelve months Quick Ratio Statistics
High Average Low
0.55 0.41 0.29
(Dec 31 2021)   (Sep 30 2013)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Commercial Banks Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Westamerica Bancorporation  0.76 $ 4,190.115  Millions$ 5,532.429  Millions
Bank Of America Corporation  0.46 $ 1,152,031.000  Millions$ 2,490,771.000  Millions
National Bankshares Inc  0.42 $ 631.568  Millions$ 1,505.388  Millions
Ames National Corporation  0.39 $ 736.389  Millions$ 1,871.967  Millions
Citigroup inc  0.29 $ 439,098.000  Millions$ 1,501,483.000  Millions
Fncb Bancorp Inc   0.29 $ 450.814  Millions$ 1,555.337  Millions
Consumers Bancorp Inc  0.28 $ 278.370  Millions$ 991.400  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
Comerica Incorporated  0.27 $ 18,711.000  Millions$ 70,327.000  Millions
Santander Holdings Usa Inc   0.26 $ 21,086.303  Millions$ 82,238.742  Millions
City Holding Company  0.25 $ 1,338.137  Millions$ 5,269.118  Millions
Camden National Corp  0.25 $ 1,268.429  Millions$ 5,082.967  Millions
Regions Financial Corporation  0.24 $ 30,739.000  Millions$ 127,788.000  Millions
First Financial Ban corp   0.23 $ 3,234.185  Millions$ 14,298.611  Millions
First Of Long Island Corp  0.23 $ 756.764  Millions$ 3,358.314  Millions
American National Bankshares Inc   0.21 $ 553.019  Millions$ 2,641.513  Millions
Peoples Financial Services Corp   0.20 $ 662.100  Millions$ 3,302.392  Millions
Synovus Financial Corp  0.19 $ 9,825.985  Millions$ 50,742.681  Millions
Park National Corporation  0.19 $ 1,705.203  Millions$ 8,894.937  Millions
Evans Bancorp Inc   0.17 $ 295.349  Millions$ 1,728.236  Millions
Bok Financial Corp  0.17 $ 6,141.118  Millions$ 36,322.975  Millions
Truist Financial Corporation  0.17 $ 69,744.000  Millions$ 420,693.000  Millions
Jpmorgan Chase and Co  0.16 $ 476,588.000  Millions$ 2,975,262.000  Millions
Fidelity D and D Bancorp Inc  0.15 $ 344.040  Millions$ 2,295.614  Millions
Lcnb Corp   0.14 $ 276.601  Millions$ 1,921.784  Millions
Us Bancorp De  0.12 $ 61,192.000  Millions$ 527,591.000  Millions
Pinnacle Financial Partners Inc   0.11 $ 4,317.530  Millions$ 38,816.266  Millions
Hsbc Usa Inc   0.10 $ 13,878.000  Millions$ 134,682.000  Millions
Pathward Financial Inc   0.09 $ 671.630  Millions$ 7,164.541  Millions

Date modified: 2024-03-19T22:45:23+00:00



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