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Santander Holdings Usa Inc   (SOVXC)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial

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?


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)   (Mar 31 2022)




Financial Statements
Santander Holdings Usa Inc 's Current Liabilities $ 82,239 Millions Visit SOVXC's Balance sheet
Santander Holdings Usa Inc 's Cash & cash equivalent $ 21,086 Millions Visit SOVXC's Balance sheet
Source of SOVXC's Sales Visit SOVXC's Sales by Geography


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
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)   (Mar 31 2022)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Commercial Banks Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 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

Date modified: 2024-03-05T02:11:31+00:00



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