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Northern Trust Corporation (NTRS) |
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Northern Trust's Working Capital Ratio
NTRS's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Current Liabilities decreased faster than Northern Trust's Current Assets, this led to improvement in Northern Trust's Working Capital Ratio to 0.47, Working Capital Ratio remained below Northern Trust Corporation average.
Within Regional Banks industry 34 other companies have achieved higher Working Capital Ratio than Northern Trust in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 759 to 1453.
Explain Working Capital Ratio
How much in Current Assets NTRS´s has?
What is the value of NTRS´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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NTRS Working Capital 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 |
-12.9 % |
-8.4 % |
-20.93 % |
-21.23 % |
-6.33 % |
Y / Y Current Assets Change |
-5.72 % |
-44.65 % |
-54.51 % |
-56.32 % |
-50.44 % |
Working Capital Ratio MRQ |
0.47 |
0.46 |
0.47 |
0.46 |
0.43 |
NTRS's Total
Ranking |
# 1453 |
# 759 |
# 1578 |
# 2060 |
# 4216 |
Seq. Current Liabilities Change |
-5.9 % |
4.18 % |
-6.19 % |
-5.3 % |
-1.03 % |
Seq. Current Assets Change |
-3.18 % |
2.12 % |
-4.1 % |
-0.57 % |
-43.16 % |
Working Capital Ratio third quarter 2023 Company Ranking |
Within: |
No. |
Regional Banks Industry |
# 35 |
Financial Sector |
# 250 |
Overall Market |
# 1453 |
Working Capital Ratio Statistics |
High |
Average |
Low |
1.15 |
0.96 |
0.43 |
(June 30, 2010) |
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(Sep 30 2022) |
Cumulative Northern Trust's Working Capital Ratio
NTRS's Working Capital Ratio for the trailling 12 Months
NTRS Working Capital 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 |
-12.9 % |
-8.4 % |
-20.93 % |
-21.23 % |
-6.33 % |
Y / Y Current Assets TTM Growth |
-5.72 % |
-44.65 % |
-54.51 % |
-56.32 % |
-50.44 % |
Working Capital Ratio TTM |
0.46 |
0.45 |
0.53 |
0.62 |
0.71 |
Total
Ranking TTM |
# 3437
| # 371
| # 3746
| # 3661
| # 0
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Seq. Current Liabilities TTM Growth |
-5.9 % |
4.18 % |
-6.19 % |
-5.3 % |
-1.03 % |
Seq. Current Assets TTM Growth |
-3.18 % |
2.12 % |
-4.1 % |
-0.57 % |
-43.16 % |
On the trailing twelve months basis Current Liabilities decreased faster than Northern Trust's average Current Assets, this led to increase in in Northern Trust's Working Capital Ratio to 0.46, Working Capital Ratio remained below NTRS average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Regional Banks industry 34 other companies have achieved higher Working Capital Ratio than Northern Trust. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 371 to 3437.
Explain Working Capital Ratio
How much in Current Assets NTRS´s has?
What is the value of NTRS´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Regional Banks Industry |
# 35 |
Financial Sector |
# 250 |
Within the Market |
# 3437 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.15 |
0.96 |
0.43 |
(June 30, 2010) |
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(Sep 30 2022) |
Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Regional Banks Industry | Working Capital Ratio | Sep 30 2023 MRQ Current Assets | Sep 30 2023 MRQ Current Liabilities | Prosperity Bancshares Inc | 1.25 | $ 34,601.485 Millions | $ 27,693.075 Millions | Washington Trust Bancorp Inc | 1.24 | $ 6,735.782 Millions | $ 5,415.563 Millions | West Bancorporation Inc | 1.24 | $ 3,463.758 Millions | $ 2,792.905 Millions | Metrocity Bankshares inc | 1.24 | $ 3,368.805 Millions | $ 2,722.503 Millions | Cullman Bancorp Inc | 1.24 | $ 339.244 Millions | $ 274.436 Millions | Hills Bancorporation | 1.23 | $ 4,140.799 Millions | $ 3,367.939 Millions | Rbb Bancorp | 1.20 | $ 3,778.691 Millions | $ 3,154.072 Millions | Connectone Bancorp Inc | 1.17 | $ 8,674.746 Millions | $ 7,438.495 Millions | First Northwest Bancorp | 1.16 | $ 1,960.587 Millions | $ 1,692.413 Millions | Bogota Financial Corp | 1.15 | $ 786.191 Millions | $ 684.278 Millions | Independent Bank Corp | 1.15 | $ 17,278.448 Millions | $ 15,059.526 Millions | Third Coast Bancshares Inc | 1.14 | $ 4,185.283 Millions | $ 3,661.659 Millions | First Business Financial Services Inc | 1.14 | $ 3,114.076 Millions | $ 2,735.703 Millions | Cvb Financial Corp | 1.14 | $ 14,366.294 Millions | $ 12,628.338 Millions | Business First Bancshares Inc | 1.13 | $ 5,920.309 Millions | $ 5,225.156 Millions | Middlefield Banc Corp | 1.12 | $ 1,652.523 Millions | $ 1,469.759 Millions | Cambridge Bancorp | 1.12 | $ 5,121.352 Millions | $ 4,565.926 Millions | Mercantile Bank Corporation | 1.12 | $ 4,670.186 Millions | $ 4,171.533 Millions | Bar Harbor Bankshares | 1.11 | $ 3,475.890 Millions | $ 3,140.494 Millions | Op Bancorp | 1.11 | $ 2,034.961 Millions | $ 1,838.723 Millions | Mainstreet Bancshares Inc | 1.10 | $ 1,859.353 Millions | $ 1,683.190 Millions | Byline Bancorp Inc | 1.10 | $ 7,641.840 Millions | $ 6,953.690 Millions | Norwood Financial Corp | 1.09 | $ 2,033.225 Millions | $ 1,859.310 Millions | Eagle Bancorp Montana Inc | 1.08 | $ 1,778.767 Millions | $ 1,647.075 Millions | Columbia Banking System Inc | 1.07 | $ 45,009.988 Millions | $ 41,882.751 Millions | Premier Financial Corp | 1.07 | $ 7,591.237 Millions | $ 7,065.639 Millions | Bank7 Corp | 1.07 | $ 1,708.756 Millions | $ 1,593.991 Millions | Capital City Bank Group Inc | 1.06 | $ 3,784.226 Millions | $ 3,582.141 Millions | Civista Bancshares Inc | 1.06 | $ 3,428.910 Millions | $ 3,247.027 Millions | 1st Source Corporation | 1.06 | $ 7,695.817 Millions | $ 7,287.919 Millions |
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