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Security Federal Corp (SFDL) |
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Security Federal's Quick Ratio
SFDL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Security Federal's Cash & cash equivalent grew by 8.35 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Security Federal's Quick Ratio to 0.51, Quick Ratio remained below Security Federal Corp average.
Within Regional Banks industry Security Federal Corp booked the highest Quick Ratio than Security Federal in the forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 1447, from total ranking in the third quarter 2023 at 2447.
Explain Quick Ratio?
How much Cash & cash equivalents SFDL´s has?
What are SFDL´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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SFDL 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 |
13.87 % |
12.19 % |
8.61 % |
3.92 % |
3.42 % |
Y / Y Cash & cash equivalent Change |
239.16 % |
4.26 % |
-2.25 % |
-15.14 % |
-72.31 % |
Quick Ratio MRQ |
0.51 |
0.49 |
0.5 |
0.48 |
0.17 |
SFDL's Total
Ranking |
# 1447 |
# 2447 |
# 2582 |
# 2755 |
# 4361 |
Seq. Current Liabilities Change |
4.7 % |
0.53 % |
6.72 % |
1.38 % |
3.16 % |
Seq. Cash & cash equivalent Change |
8.35 % |
-0.56 % |
9.41 % |
187.7 % |
-66.69 % |
Quick Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Regional Banks Industry |
# 1 |
Financial Sector |
# 220 |
Overall Market |
# 1446 |
Quick Ratio Statistics |
High |
Average |
Low |
0.68 |
0.53 |
0.02 |
(Jun 30 2014) |
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(Jun 30 2013) |
Cumulative Security Federal's Quick Ratio
SFDL's Quick Ratio for the trailling 12 Months
SFDL 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 |
13.87 % |
12.19 % |
8.61 % |
3.92 % |
3.42 % |
Y / Y Cash & cash equivalent TTM Growth |
239.16 % |
4.26 % |
-2.25 % |
-15.14 % |
-72.31 % |
Quick Ratio TTM |
0.5 |
0.41 |
0.42 |
0.43 |
0.46 |
Total
Ranking TTM |
# 1447
| # 2447
| # 2582
| # 2755
| # 4361
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Seq. Current Liabilities TTM Growth |
4.7 % |
0.53 % |
6.72 % |
1.38 % |
3.16 % |
Seq. Cash & cash equivalent TTM Growth |
8.35 % |
-0.56 % |
9.41 % |
187.7 % |
-66.69 % |
On the trailing twelve months basis SFDL Cash & cash equivalent more than doubled by 239.16 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Security Federal's Quick Ratio to 0.5, Quick Ratio remained below SFDL average. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Regional Banks industry SFDL achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending third quarter 2023 at 1663.
Explain Quick Ratio?
How much Cash & cash equivalents SFDL´s has?
What are SFDL´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Regional Banks Industry |
# 1 |
Financial Sector |
# 220 |
Within the Market |
# 1447 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
0.68 |
0.53 |
0.02 |
(Jun 30 2014) |
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(Jun 30 2013) |
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 | Peoples Financial Corp | 0.53 | $ 362.271 Millions | $ 688.490 Millions | Security Federal Corp | 0.51 | $ 668.274 Millions | $ 1,314.197 Millions | 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 | Bank Of The James Financial Group Inc | 0.33 | $ 291.348 Millions | $ 878.939 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 | Bank7 Corp | 0.22 | $ 350.529 Millions | $ 1,591.693 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 |
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