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Northern Trust Corporation (NTRS) |
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Northern Trust's Quick Ratio
NTRS's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 0.45 below Northern Trust Corporation average.
Within Regional Banks industry Northern Trust Corporation booked the highest Quick Ratio than Northern Trust in the forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 939, from total ranking in the third quarter 2023 at 1153.
Explain Quick Ratio?
How much Cash & cash equivalents NTRS´s has?
What are NTRS´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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NTRS 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 |
-5.07 % |
-12.9 % |
-8.4 % |
-20.93 % |
-21.23 % |
Y / Y Cash & cash equivalent Change |
-4.27 % |
-4.46 % |
-12.13 % |
-16.25 % |
-15.12 % |
Quick Ratio MRQ |
0.45 |
0.47 |
0.45 |
0.46 |
0.45 |
NTRS's Total
Ranking |
# 939 |
# 1153 |
# 2201 |
# 843 |
# 1893 |
Seq. Current Liabilities Change |
3.22 % |
-5.9 % |
4.18 % |
-6.19 % |
-5.3 % |
Seq. Cash & cash equivalent Change |
-0.21 % |
-1.72 % |
1.84 % |
-4.15 % |
-0.41 % |
Quick Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Regional Banks Industry |
# 1 |
Financial Sector |
# 172 |
Overall Market |
# 939 |
Quick Ratio Statistics |
High |
Average |
Low |
0.77 |
0.48 |
0.23 |
(June 30, 2015) |
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(Dec. 30, 2007) |
Cumulative Northern Trust's Quick Ratio
NTRS's Quick Ratio for the trailling 12 Months
NTRS 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 |
-5.07 % |
-12.9 % |
-8.4 % |
-20.93 % |
-21.23 % |
Y / Y Cash & cash equivalent TTM Growth |
-4.27 % |
-4.46 % |
-12.13 % |
-16.25 % |
-15.12 % |
Quick Ratio TTM |
0.46 |
0.45 |
0.44 |
0.45 |
0.44 |
Total
Ranking TTM |
# 849
| # 1999
| # 2139
| # 618
| # 2299
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Seq. Current Liabilities TTM Growth |
3.22 % |
-5.9 % |
4.18 % |
-6.19 % |
-5.3 % |
Seq. Cash & cash equivalent TTM Growth |
-0.21 % |
-1.72 % |
1.84 % |
-4.15 % |
-0.41 % |
On the trailing twelve months basis Current Liabilities decreased faster than Northern Trust's average Cash & cash equivalent, this led to increase in in Northern Trust's Quick Ratio to 0.46, Quick Ratio remained below NTRS average. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Regional Banks industry NTRS achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 849, from total ranking during the twelve months ending third quarter 2023 at 1999.
Explain Quick Ratio?
How much Cash & cash equivalents NTRS´s has?
What are NTRS´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Regional Banks Industry |
# 1 |
Financial Sector |
# 172 |
Within the Market |
# 849 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
0.77 |
0.48 |
0.23 |
(June 30, 2015) |
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(Dec. 30, 2007) |
Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Regional Banks Industry | Quick Ratio | Dec 31 2023 MRQ Cash & cash equivalent | Dec 31 2023 MRQ Current Liabilities | Northern Trust Corporation | 0.45 | $ 54,103.000 Millions | $ 119,994.100 Millions | International Bancshares Corporation | 0.44 | $ 5,482.216 Millions | $ 12,354.970 Millions | Macatawa Bank Corp | 0.39 | $ 959.150 Millions | $ 2,431.614 Millions | Auburn National Bancorporation Inc | 0.37 | $ 329.449 Millions | $ 897.729 Millions | Commerce Bancshares Inc | 0.36 | $ 10,132.932 Millions | $ 28,272.713 Millions | First Ban corp | 0.35 | $ 5,894.087 Millions | $ 16,750.240 Millions | Hilltop Holdings Inc | 0.35 | $ 4,695.284 Millions | $ 13,393.964 Millions | Franklin Financial Services Corporation | 0.30 | $ 495.643 Millions | $ 1,627.978 Millions | Farmers and Merchants Bancshares Inc | 0.29 | $ 208.875 Millions | $ 722.206 Millions | Heartland Financial Usa Inc | 0.28 | $ 4,738.168 Millions | $ 17,106.194 Millions | Acnb Corporation | 0.27 | $ 510.750 Millions | $ 1,918.695 Millions | Rbb Bancorp | 0.24 | $ 750.334 Millions | $ 3,174.760 Millions | Chemung Financial Corp | 0.24 | $ 583.993 Millions | $ 2,473.022 Millions | Community Trust Bancorp Inc | 0.23 | $ 1,163.969 Millions | $ 4,957.756 Millions | Norwood Financial Corp | 0.23 | $ 434.792 Millions | $ 1,879.745 Millions | 1st Source Corporation | 0.22 | $ 1,622.600 Millions | $ 7,406.749 Millions | West Bancorporation Inc | 0.22 | $ 689.276 Millions | $ 3,158.348 Millions | Columbia Banking System Inc | 0.21 | $ 8,829.870 Millions | $ 41,859.139 Millions | Independent Bank Corp | 0.21 | $ 3,109.721 Millions | $ 14,865.547 Millions | Washington Trust Bancorp Inc | 0.20 | $ 1,090.564 Millions | $ 5,348.160 Millions | Central Pacific Financial Corp | 0.20 | $ 1,395.729 Millions | $ 6,866.540 Millions | Flushing Financial Corporation | 0.20 | $ 172.157 Millions | $ 847.416 Millions | Red River Bancshares Inc | 0.20 | $ 570.092 Millions | $ 2,813.192 Millions | Eagle Bancorp Montana Inc | 0.19 | $ 318.279 Millions | $ 1,671.657 Millions | Stock Yards Bancorp Inc | 0.19 | $ 1,297.138 Millions | $ 6,838.685 Millions | Horizon Bancorp Inc | 0.19 | $ 1,073.766 Millions | $ 5,687.142 Millions | First Northwest Bancorp | 0.18 | $ 315.468 Millions | $ 1,712.865 Millions | Southside Bancshares Inc | 0.18 | $ 1,296.294 Millions | $ 7,059.501 Millions | Banner Corporation | 0.18 | $ 2,373.783 Millions | $ 13,257.925 Millions | Homestreet Inc | 0.17 | $ 1,493.932 Millions | $ 8,629.297 Millions |
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