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Renasant Corp  (RNST)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Renasant's Quick Ratio

RNST'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 0.06 a new company low.

Within Regional Banks industry 21 other companies have achieved higher Quick Ratio than Renasant in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 1442, from total ranking in the third quarter 2023 at 3836.

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


RNST 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 1.3 % 3.78 % 3.43 % 3.84 % 2.01 %
Y / Y Cash & cash equivalent Change -39.81 % -42.07 % -62.39 % -37.31 % -35.71 %
Quick Ratio MRQ 0.06 0.06 0.07 0.1 0.11
RNST's Total Ranking # 1442 # 3836 # 2791 # 3254 # 3818
Seq. Current Liabilities Change 0.84 % -0.61 % -1.99 % 3.13 % 3.3 %
Seq. Cash & cash equivalent Change 1.56 % -4.4 % -36.94 % -1.7 % -2.25 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Regional Banks Industry # 22
Financial Sector # 264
Overall Market # 1442


Quick Ratio Statistics
High Average Low
0.2 0.14 0.06
(Dec 31 2011)   (Sep 30 2023)




Financial Statements
Renasant's Current Liabilities $ 14,384 Millions Visit RNST's Balance sheet
Renasant's Cash & cash equivalent $ 923 Millions Visit RNST's Balance sheet
Source of RNST's Sales Visit RNST's Sales by Geography


Cumulative Renasant's Quick Ratio

RNST's Quick Ratio for the trailling 12 Months

RNST 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 1.3 % 3.78 % 3.43 % 3.84 % 2.01 %
Y / Y Cash & cash equivalent TTM Growth -39.81 % -42.07 % -62.39 % -37.31 % -35.71 %
Quick Ratio TTM 0.07 0.09 0.1 0.13 0.14
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth 0.84 % -0.61 % -1.99 % 3.13 % 3.3 %
Seq. Cash & cash equivalent TTM Growth 1.56 % -4.4 % -36.94 % -1.7 % -2.25 %


On the trailing twelve months basis Due to rise in Current Liabilities in the IV Quarter 2023 to $14,384.36 millions, cumulative Quick Ratio decreased to 0.07 below the Renasant Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Regional Banks industry 21 other companies have achieved higher Quick Ratio than Renasant. While Quick Ratio overall ranking has improved so far to 1427, from total ranking during the twelve months ending third quarter 2023 at 2723.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Regional Banks Industry # 22
Financial Sector # 264
Within the Market # 1442


trailing twelve months Quick Ratio Statistics
High Average Low
0.2 0.14 0.06
(Dec 31 2011)   (Sep 30 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Regional Banks Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Homestreet Inc   0.17 $ 1,493.932  Millions$ 8,629.297  Millions
South Plains Financial Inc   0.17 $ 622.762  Millions$ 3,687.511  Millions
Midland States Bancorp Inc   0.16 $ 1,050.956  Millions$ 6,454.853  Millions
Origin Bancorp Inc   0.15 $ 1,272.054  Millions$ 8,381.802  Millions
Investar Holding Corporation  0.14 $ 361.918  Millions$ 2,511.937  Millions
Baycom Corp  0.14 $ 307.539  Millions$ 2,137.302  Millions
Central Valley Community Bancorp  0.14 $ 302.442  Millions$ 2,121.612  Millions
Bankwell Financial Group Inc   0.14 $ 396.780  Millions$ 2,790.525  Millions
New York Community Bancorp Inc   0.14 $ 11,475.000  Millions$ 81,526.000  Millions
Ohio Valley Banc Corp  0.14 $ 162.258  Millions$ 1,153.138  Millions
Midwestone Financial Group Inc   0.14 $ 795.134  Millions$ 5,695.937  Millions
Fifth Third Bancorp  0.13 $ 22,981.000  Millions$ 174,161.000  Millions
Greene County Bancorp Inc   0.13 $ 311.631  Millions$ 2,487.430  Millions
Summit Financial Group Inc   0.13 $ 502.762  Millions$ 4,018.105  Millions
First Foundation inc   0.12 $ 1,326.629  Millions$ 10,819.452  Millions
Fs Bancorp Inc   0.12 $ 317.100  Millions$ 2,616.069  Millions
The Bank Of New York Mellon Corporation  0.12 $ 38,958.000  Millions$ 322,138.000  Millions
First Internet Bancorp  0.12 $ 474.855  Millions$ 4,081.157  Millions
Popular Inc   0.11 $ 7,419.333  Millions$ 64,624.254  Millions
Associated Banc corp  0.11 $ 3,873.309  Millions$ 33,772.829  Millions
Capital City Bank Group Inc   0.11 $ 421.020  Millions$ 3,737.163  Millions
Penns Woods Bancorp inc   0.11 $ 190.945  Millions$ 1,739.233  Millions
First Business Financial Services Inc   0.10 $ 297.006  Millions$ 2,848.728  Millions
First Community Bankshares Inc  0.10 $ 280.961  Millions$ 2,723.444  Millions
Great Southern Bancorp inc   0.10 $ 478.207  Millions$ 4,868.952  Millions
Cathay General Bancorp  0.09 $ 1,778.558  Millions$ 19,328.711  Millions
Trustco Bank Corp Ny  0.08 $ 452.289  Millions$ 5,478.435  Millions
Connectone Bancorp Inc   0.08 $ 617.162  Millions$ 7,536.202  Millions
Ofg Bancorp  0.08 $ 752.809  Millions$ 9,903.730  Millions
Unity Bancorp inc   0.07 $ 135.689  Millions$ 1,948.405  Millions

Date modified: 2024-02-24T17:09:35+00:00



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