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Santander Holdings Usa Inc (SOVXC) |
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Santander Holdings Usa Inc 's Quick Ratio
SOVXC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Santander Holdings Usa Inc 's Cash & cash equivalent grew by 9.81 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Santander Holdings Usa Inc 's Quick Ratio to 0.26, Quick Ratio remained below Santander Holdings Usa Inc average.
Within Commercial Banks industry 9 other companies have achieved higher Quick Ratio than Santander Holdings Usa Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 1089 to 1426.
Explain Quick Ratio?
How much Cash & cash equivalents SOVXC´s has?
What are SOVXC´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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SOVXC 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 |
-3.56 % |
1.64 % |
6.65 % |
1.47 % |
-1.9 % |
Y / Y Cash & cash equivalent Change |
31.11 % |
39.2 % |
34.49 % |
55.94 % |
-16.7 % |
Quick Ratio MRQ |
0.26 |
0.23 |
0.24 |
0.25 |
0.19 |
SOVXC's Total
Ranking |
# 1426 |
# 1089 |
# 2001 |
# 2787 |
# 1756 |
Seq. Current Liabilities Change |
-0.87 % |
-3 % |
-0 % |
0.29 % |
4.47 % |
Seq. Cash & cash equivalent Change |
9.81 % |
-7.57 % |
-1.46 % |
31.09 % |
16.58 % |
Quick Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Commercial Banks Industry |
# 10 |
Financial Sector |
# 234 |
Overall Market |
# 1426 |
Quick Ratio Statistics |
High |
Average |
Low |
0.46 |
0.33 |
0.16 |
(Mar 31 2016) |
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(Mar 31 2022) |
Cumulative Santander Holdings Usa Inc 's Quick Ratio
SOVXC's Quick Ratio for the trailling 12 Months
SOVXC 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 |
-3.56 % |
1.64 % |
6.65 % |
1.47 % |
-1.9 % |
Y / Y Cash & cash equivalent TTM Growth |
31.11 % |
39.2 % |
34.49 % |
55.94 % |
-16.7 % |
Quick Ratio TTM |
0.24 |
0.23 |
0.21 |
0.2 |
0.18 |
Total
Ranking TTM |
# 1171
| # 842
| # 2583
| # 4026
| # 3212
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Seq. Current Liabilities TTM Growth |
-0.87 % |
-3 % |
-0 % |
0.29 % |
4.47 % |
Seq. Cash & cash equivalent TTM Growth |
9.81 % |
-7.57 % |
-1.46 % |
31.09 % |
16.58 % |
On the trailing twelve months basis SOVXC Cash & cash equivalent grew by 31.11 % in IV Quarter 2023 year on year, while Current Liabilities decreased to $82,239 millions, this led to increase in in Santander Holdings Usa Inc 's Quick Ratio to 0.24, Quick Ratio remained below SOVXC average. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Commercial Banks industry 9 other companies have achieved higher Quick Ratio than Santander Holdings Usa Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 842 to 1171.
Explain Quick Ratio?
How much Cash & cash equivalents SOVXC´s has?
What are SOVXC´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Commercial Banks Industry |
# 10 |
Financial Sector |
# 234 |
Within the Market |
# 1171 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
0.46 |
0.33 |
0.16 |
(Mar 31 2016) |
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(Mar 31 2022) |
Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Commercial Banks Industry | Quick Ratio | Dec 31 2023 MRQ Cash & cash equivalent | Dec 31 2023 MRQ Current Liabilities | Bank Of America Corporation | 0.46 | $ 1,152,031.000 Millions | $ 2,490,771.000 Millions | National Bankshares Inc | 0.42 | $ 631.568 Millions | $ 1,505.388 Millions | Ames National Corporation | 0.39 | $ 736.389 Millions | $ 1,871.967 Millions | Citigroup inc | 0.29 | $ 439,098.000 Millions | $ 1,501,483.000 Millions | Fncb Bancorp Inc | 0.29 | $ 450.814 Millions | $ 1,555.337 Millions | Consumers Bancorp Inc | 0.28 | $ 278.370 Millions | $ 991.400 Millions | Huntington Bancshares Incorporated | 0.28 | $ 42,613.000 Millions | $ 151,850.000 Millions | Zions Bancorporation National Association | 0.27 | $ 21,667.000 Millions | $ 79,340.000 Millions | Comerica Incorporated | 0.27 | $ 18,711.000 Millions | $ 70,327.000 Millions | Santander Holdings Usa Inc | 0.26 | $ 21,086.303 Millions | $ 82,238.742 Millions | City Holding Company | 0.25 | $ 1,338.137 Millions | $ 5,269.118 Millions | Camden National Corp | 0.25 | $ 1,268.429 Millions | $ 5,082.967 Millions | Regions Financial Corporation | 0.24 | $ 30,739.000 Millions | $ 127,788.000 Millions | First Financial Ban corp | 0.23 | $ 3,234.185 Millions | $ 14,298.611 Millions | First Of Long Island Corp | 0.23 | $ 756.764 Millions | $ 3,358.314 Millions | American National Bankshares Inc | 0.21 | $ 553.019 Millions | $ 2,641.513 Millions | Peoples Financial Services Corp | 0.20 | $ 662.100 Millions | $ 3,302.392 Millions | Synovus Financial Corp | 0.19 | $ 9,825.985 Millions | $ 50,742.681 Millions | Park National Corporation | 0.19 | $ 1,705.203 Millions | $ 8,894.937 Millions | Evans Bancorp Inc | 0.17 | $ 295.349 Millions | $ 1,728.236 Millions | Bok Financial Corp | 0.17 | $ 6,141.118 Millions | $ 36,322.975 Millions | Truist Financial Corporation | 0.17 | $ 69,744.000 Millions | $ 420,693.000 Millions | Jpmorgan Chase and Co | 0.16 | $ 476,588.000 Millions | $ 2,975,262.000 Millions | Fidelity D and D Bancorp Inc | 0.15 | $ 344.040 Millions | $ 2,295.614 Millions | Lcnb Corp | 0.14 | $ 276.601 Millions | $ 1,921.784 Millions | Us Bancorp De | 0.12 | $ 61,192.000 Millions | $ 527,591.000 Millions | Pinnacle Financial Partners Inc | 0.11 | $ 4,317.530 Millions | $ 38,816.266 Millions | Hsbc Usa Inc | 0.10 | $ 13,878.000 Millions | $ 134,682.000 Millions | Pathward Financial Inc | 0.09 | $ 671.630 Millions | $ 7,164.541 Millions | Wells Fargo and Company | 0.08 | $ 130,328.000 Millions | $ 1,537,437.000 Millions |
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