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Northern Trust Corporation  (NTRS)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

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?


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)   (Sep 30 2022)




Financial Statements
Northern Trust's Current Liabilities $ 116,251 Millions Visit NTRS's Balance sheet
Northern Trust's Current Assets $ 54,603 Millions Visit NTRS's Balance sheet
Source of NTRS's Sales Visit NTRS's Sales by Geography


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
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)   (Sep 30 2022)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Regional Banks Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 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

Date modified: 2023-11-01T10:57:39+00:00



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