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Security Federal Corp  (SFDL)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Security Federal's Quick Ratio

SFDL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0.49 below Security Federal Corp average.

Within Regional Banks industry only one company has achieved higher Quick Ratio in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 1989, from total ranking in the second quarter 2023 at 2433.

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


SFDL Quick 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 12.19 % 8.61 % 3.92 % 3.42 % 8.42 %
Y / Y Cash & cash equivalent Change 4.26 % -2.25 % -15.14 % -72.31 % -5.78 %
Quick Ratio MRQ 0.49 0.5 0.48 0.17 0.53
SFDL's Total Ranking # 1989 # 2433 # 2269 # 2797 # 2628
Seq. Current Liabilities Change 0.53 % 6.72 % 1.38 % 3.16 % -2.68 %
Seq. Cash & cash equivalent Change -0.56 % 9.41 % 187.7 % -66.69 % -6.77 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Regional Banks Industry # 2
Financial Sector # 313
Overall Market # 1989


Quick Ratio Statistics
High Average Low
0.68 0.53 0.02
(Jun 30 2014)   (Jun 30 2013)




Financial Statements
Security Federal's Current Liabilities $ 1,255 Millions Visit SFDL's Balance sheet
Security Federal's Cash & cash equivalent $ 617 Millions Visit SFDL's Balance sheet
Source of SFDL's Sales Visit SFDL's Sales by Geography


Cumulative Security Federal's Quick Ratio

SFDL's Quick Ratio for the trailling 12 Months

SFDL Quick 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 12.19 % 8.61 % 3.92 % 3.42 % 8.42 %
Y / Y Cash & cash equivalent TTM Growth 4.26 % -2.25 % -15.14 % -72.31 % -5.78 %
Quick Ratio TTM 0.41 0.42 0.43 0.46 0.58
Total Ranking TTM # 1663 # 2048 # 1595 # 2168 # 0
Seq. Current Liabilities TTM Growth 0.53 % 6.72 % 1.38 % 3.16 % -2.68 %
Seq. Cash & cash equivalent TTM Growth -0.56 % 9.41 % 187.7 % -66.69 % -6.77 %


On the trailing twelve months basis Due to rise in Current Liabilities in the III Quarter 2023 to $1,255.25 millions, cumulative Quick Ratio decreased to 0.41 below the Security Federal Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Regional Banks industry just one company has achieved higher Quick Ratio during the twelve months ending in the Sep 30 2023. While Quick Ratio overall ranking has improved so far to 1663, from total ranking during the twelve months ending second quarter 2023 at 2048.

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 # 2
Financial Sector # 313
Within the Market # 1663


trailing twelve months Quick Ratio Statistics
High Average Low
0.68 0.53 0.02
(Jun 30 2014)   (Jun 30 2013)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Regional Banks Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Bm Technologies Inc   0.70 $ 8.802  Millions$ 12.513  Millions
Peoples Financial Corp  0.51 $ 371.705  Millions$ 730.234  Millions
Prosperity Bancshares Inc   0.49 $ 13,705.215  Millions$ 27,693.075  Millions
Security Federal Corp  0.49 $ 616.745  Millions$ 1,255.253  Millions
Northern Trust Corporation  0.47 $ 54,218.300  Millions$ 116,251.100  Millions
Oak Valley Bancorp  0.46 $ 762.686  Millions$ 1,666.548  Millions
Cvb Financial Corp   0.44 $ 5,603.299  Millions$ 12,628.338  Millions
International Bancshares Corporation  0.43 $ 5,399.107  Millions$ 12,420.890  Millions
Glen Burnie Bancorp  0.42 $ 145.085  Millions$ 341.881  Millions
Macatawa Bank Corp  0.41 $ 1,013.750  Millions$ 2,459.833  Millions
First Financial Bankshares Inc   0.41 $ 4,652.537  Millions$ 11,470.567  Millions
Auburn National Bancorporation Inc   0.40 $ 390.052  Millions$ 966.342  Millions
Commerce Bancshares Inc   0.37 $ 10,221.573  Millions$ 27,835.638  Millions
Csb Bancorp Inc  0.36 $ 377.642  Millions$ 1,052.888  Millions
First Ban corp   0.35 $ 5,761.416  Millions$ 16,629.840  Millions
1895 Bancorp Of Wisconsin Inc   0.34 $ 131.244  Millions$ 388.072  Millions
Uwharrie Capital Corp  0.33 $ 328.099  Millions$ 991.220  Millions
Hilltop Holdings Inc   0.33 $ 4,374.229  Millions$ 13,354.160  Millions
Franklin Financial Services Corporation  0.33 $ 532.229  Millions$ 1,637.414  Millions
F and m Bank Corp   0.32 $ 389.914  Millions$ 1,200.832  Millions
Bank Of The James Financial Group Inc   0.32 $ 281.506  Millions$ 880.584  Millions
Qnb Corp   0.32 $ 505.390  Millions$ 1,583.314  Millions
Capital City Bank Group Inc   0.32 $ 1,137.211  Millions$ 3,582.141  Millions
Heartland Financial Usa Inc   0.31 $ 5,572.688  Millions$ 17,932.204  Millions
Equity Bancshares Inc   0.30 $ 1,256.026  Millions$ 4,161.331  Millions
Farmers National Banc Corp   0.29 $ 1,304.659  Millions$ 4,511.650  Millions
Trico Bancshares  0.29 $ 2,285.436  Millions$ 8,016.331  Millions
Isabella Bank Corp  0.28 $ 516.897  Millions$ 1,821.804  Millions
Peoples Bancorp Of North Carolina Inc   0.28 $ 417.456  Millions$ 1,479.446  Millions
Cambridge Bancorp  0.25 $ 1,142.197  Millions$ 4,565.926  Millions

Date modified: 2023-11-13T23:43:28+00:00



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