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Sterling Bancorp's Quick Ratio
STL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Sterling Bancorp's Cash & cash equivalent grew by 12.21 % in the III Quarter 2021 sequentially, faster than Current Liabilities, this led to improvement in Sterling Bancorp's Quick Ratio to 0.15, Quick Ratio remained below Sterling Bancorp average.
Within Commercial Banks industry 42 other companies have achieved higher Quick Ratio than Sterling Bancorp in third quarter 2021. While Quick Ratio total ranking in the third quarter 2021 has deteriorated compared to the prior quarter from 3305 to 4355.
Explain Quick Ratio?
How much Cash & cash equivalents STLīs has?
What are STLīs Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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STL Quick Ratio |
(Sep 30 2021) III. Quarter |
(Jun 30 2021) II. Quarter |
(Mar 31 2021) I. Quarter |
(Dec 31 2020) IV. Quarter |
(Sep 30 2020) III. Quarter |
Y / Y Current Liabilities Change |
-1.33 % |
-1.92 % |
5.7 % |
4.38 % |
12.43 % |
Y / Y Cash & cash equivalent Change |
24.05 % |
7.23 % |
-31.36 % |
-19.61 % |
-48.91 % |
Quick Ratio MRQ |
0.15 |
0.14 |
0.14 |
0.19 |
0.12 |
STL's Total
Ranking |
# 4355 |
# 3305 |
# 3983 |
# 1824 |
# 854 |
Seq. Current Liabilities Change |
3.43 % |
-2.94 % |
1.92 % |
-3.57 % |
2.81 % |
Seq. Cash & cash equivalent Change |
12.21 % |
-8.72 % |
-20.35 % |
52.06 % |
-3 % |
Quick Ratio third quarter 2021 Company Ranking |
Within: |
No. |
Commercial Banks Industry |
# 43 |
Financial Sector |
# 1065 |
Overall Market |
# 4355 |
Quick Ratio Statistics |
High |
Average |
Low |
0.49 |
0.32 |
0.12 |
(Sep 30 2012) |
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(Sep 30 2020) |
Cumulative Sterling Bancorp's Quick Ratio
STL's Quick Ratio for the trailling 12 Months
STL Quick Ratio |
(Sep 30 2021) III. Quarter |
(Jun 30 2021) II. Quarter |
(Mar 31 2021) I. Quarter |
(Dec 31 2020) IV. Quarter |
(Sep 30 2020) III. Quarter |
Y / Y Current Liabilities TTM Growth |
-1.33 % |
-1.92 % |
5.7 % |
4.38 % |
12.43 % |
Y / Y Cash & cash equivalent TTM Growth |
24.05 % |
7.23 % |
-31.36 % |
-19.61 % |
-48.91 % |
Quick Ratio TTM |
0.15 |
0.15 |
0.14 |
0.16 |
0.17 |
Total
Ranking TTM |
# 3920
| # 3777
| # 3706
| # 3272
| # 2358
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Seq. Current Liabilities TTM Growth |
3.43 % |
-2.94 % |
1.92 % |
-3.57 % |
2.81 % |
Seq. Cash & cash equivalent TTM Growth |
12.21 % |
-8.72 % |
-20.35 % |
52.06 % |
-3 % |
On the trailing twelve months basis In spite of the year on year decrease in STL's Current Liabilities to $23,967.05 millions, cumulative Quick Ratio to 0.15 below the STL average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Commercial Banks industry 71 other companies have achieved higher Quick Ratio than Sterling Bancorp. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2021 from 3777 to 3920.
Explain Quick Ratio?
How much Cash & cash equivalents STLīs has?
What are STLīs Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Commercial Banks Industry |
# 72 |
Financial Sector |
# 785 |
Within the Market |
# 3920 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
0.46 |
0.31 |
0.14 |
(March 31, 2014) |
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(Mar 31 2021) |
Companies with similar Quick Ratio in the quarter ending Sep 30 2021, within Commercial Banks Industry | Quick Ratio | Sep 30 2021 MRQ Cash & cash equivalent | Sep 30 2021 MRQ Current Liabilities | Virginia National Bankshares Corp | 0.41 | $ 705.186 Millions | $ 1,741.096 Millions | American National Bankshares Inc | 0.40 | $ 1,162.350 Millions | $ 2,888.676 Millions | Stellar Bancorp Inc | 0.38 | $ 1,358.324 Millions | $ 3,531.635 Millions | Camden National Corp | 0.38 | $ 1,840.494 Millions | $ 4,816.732 Millions | Park National Corporation | 0.38 | $ 3,236.408 Millions | $ 8,601.694 Millions | Wesbanco Inc | 0.37 | $ 5,075.033 Millions | $ 13,578.355 Millions | Trustmark Corp | 0.37 | $ 5,627.568 Millions | $ 15,069.256 Millions | Truist Financial Corporation | 0.37 | $ 152,957.000 Millions | $ 411,083.000 Millions | Nbt Bancorp Inc | 0.35 | $ 3,605.239 Millions | $ 10,294.893 Millions | First Financial Ban corp | 0.34 | $ 4,457.527 Millions | $ 12,948.081 Millions | Wells Fargo and Company | 0.34 | $ 547,187.000 Millions | $ 1,600,848.000 Millions | Fidelity D and D Bancorp Inc | 0.32 | $ 686.926 Millions | $ 2,163.450 Millions | Fncb Bancorp Inc | 0.32 | $ 470.323 Millions | $ 1,482.122 Millions | First Of Long Island Corp | 0.30 | $ 1,034.813 Millions | $ 3,439.509 Millions | Peoples Financial Services Corp | 0.30 | $ 854.954 Millions | $ 2,841.791 Millions | Consumers Bancorp Inc | 0.30 | $ 258.870 Millions | $ 866.434 Millions | Hanmi Financial Corporation | 0.30 | $ 1,731.343 Millions | $ 5,805.134 Millions | Santander Holdings Usa Inc | 0.30 | $ 25,199.844 Millions | $ 84,734.783 Millions | Riverview Financial Corporation | 0.30 | $ 317.783 Millions | $ 1,069.574 Millions | Zions Bancorporation National Association | 0.29 | $ 23,083.000 Millions | $ 78,463.000 Millions | Fulton Financial Corp | 0.29 | $ 6,471.769 Millions | $ 22,548.210 Millions | Huntington Bancshares Incorporated | 0.28 | $ 40,240.000 Millions | $ 142,333.000 Millions | Community Ban corp | 0.28 | $ 240.428 Millions | $ 862.447 Millions | Financial Institutions Inc | 0.28 | $ 1,386.376 Millions | $ 4,974.963 Millions | Hawthorn Bancshares Inc | 0.28 | $ 398.467 Millions | $ 1,438.810 Millions | City Holding Company | 0.26 | $ 1,372.077 Millions | $ 5,184.118 Millions | Wilson Bank Holding Co | 0.25 | $ 861.459 Millions | $ 3,403.900 Millions | Nicolet Bankshares Inc | 0.25 | $ 1,350.605 Millions | $ 5,428.774 Millions | Amerant Bancorp Inc | 0.24 | $ 1,351.128 Millions | $ 5,744.555 Millions | Meridian Bancorp Inc | 0.22 | $ 1,061.723 Millions | $ 4,754.051 Millions |
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