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Skyline Bankshares Inc   (PKKW)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Skyline Bankshares Inc 's Working Capital Ratio

PKKW's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Working Capital Ratio fell to 1.02 below Skyline Bankshares Inc average.

Within Regional Banks industry 46 other companies have achieved higher Working Capital Ratio than Skyline Bankshares Inc in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 3018 to 3219.

Explain Working Capital Ratio
How much in Current Assets PKKW´s has?
What is the value of PKKW´s Current Liabilities?


PKKW 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 -3.94 % -5.25 % -1.68 % 2.46 % 7.67 %
Y / Y Current Assets Change 1.79 % -6.1 % -3.09 % -4.27 % -1.79 %
Working Capital Ratio MRQ 1.02 1.02 1.02 0.98 0.97
PKKW's Total Ranking # 3219 # 3018 # 3292 # 4087 # 3580
Seq. Current Liabilities Change 0.53 % -0.22 % -1.6 % -2.68 % -0.84 %
Seq. Current Assets Change 0.94 % -0.14 % 1.97 % -0.97 % -6.89 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Regional Banks Industry # 47
Financial Sector # 450
Overall Market # 3219


Working Capital Ratio Statistics
High Average Low
1.09 1.05 0.97
(Sep 30 2019)   (Sep 30 2022)




Financial Statements
Skyline Bankshares Inc 's Current Liabilities $ 908 Millions Visit PKKW's Balance sheet
Skyline Bankshares Inc 's Current Assets $ 929 Millions Visit PKKW's Balance sheet
Source of PKKW's Sales Visit PKKW's Sales by Geography


Cumulative Skyline Bankshares Inc 's Working Capital Ratio

PKKW's Working Capital Ratio for the trailling 12 Months

PKKW 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 -3.94 % -5.25 % -1.68 % 2.46 % 7.67 %
Y / Y Current Assets TTM Growth 1.79 % -6.1 % -3.09 % -4.27 % -1.79 %
Working Capital Ratio TTM 1.01 1 1 1 1.02
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth 0.53 % -0.22 % -1.6 % -2.68 % -0.84 %
Seq. Current Assets TTM Growth 0.94 % -0.14 % 1.97 % -0.97 % -6.89 %


On the trailing twelve months basis PKKW Current Assets improved by 1.79 % in III Quarter 2023 year on year, while Current Liabilities rose to $908 millions, this led to increase in in Skyline Bankshares Inc 's Working Capital Ratio to 1.01, Working Capital Ratio remained below PKKW average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Regional Banks industry 46 other companies have achieved higher Working Capital Ratio than Skyline Bankshares Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 2586 to 2934.

Explain Working Capital Ratio
How much in Current Assets PKKW´s has?
What is the value of PKKW´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Regional Banks Industry # 47
Financial Sector # 450
Within the Market # 3219


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.09 1.05 0.97
(Sep 30 2019)   (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
Bm Technologies Inc   1.87 $ 23.401  Millions$ 12.513  Millions
Ecb Bancorp Inc   1.49 $ 1,206.670  Millions$ 812.531  Millions
Choiceone Financial Services Inc   1.47 $ 3,129.897  Millions$ 2,133.195  Millions
1895 Bancorp Of Wisconsin Inc   1.36 $ 529.018  Millions$ 388.072  Millions
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

Date modified: 2023-11-16T13:42:25+00:00



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