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Sterling Bancorp's Working Capital Ratio
STL's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Sterling Bancorp's Current Assets grew by 10.77 % in the III Quarter 2021 sequentially, faster than Current Liabilities, this led to improvement in Sterling Bancorp's Working Capital Ratio to 0.16, Working Capital Ratio remained below Sterling Bancorp average.
Within Commercial Banks industry 83 other companies have achieved higher Working Capital Ratio than Sterling Bancorp in third quarter 2021. While Working Capital Ratio total ranking in the third quarter 2021 has deteriorated compared to the prior quarter from 4537 to 5796.
Explain Working Capital Ratio
How much in Current Assets STLīs has?
What is the value of STLīs Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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STL Working Capital 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 Current Assets Change |
-84.83 % |
-86.21 % |
-8.23 % |
-3.51 % |
-5.95 % |
Working Capital Ratio MRQ |
0.16 |
0.15 |
1.03 |
1.11 |
1.03 |
STL's Total
Ranking |
# 5796 |
# 4537 |
# 3456 |
# 3456 |
# 4685 |
Seq. Current Liabilities Change |
3.43 % |
-2.94 % |
1.92 % |
-3.57 % |
2.81 % |
Seq. Current Assets Change |
10.77 % |
-86.01 % |
-6.01 % |
4.11 % |
0.68 % |
Working Capital Ratio third quarter 2021 Company Ranking |
Within: |
No. |
Commercial Banks Industry |
# 84 |
Financial Sector |
# 1159 |
Overall Market |
# 5796 |
Working Capital Ratio Statistics |
High |
Average |
Low |
1.38 |
1.17 |
0.15 |
(Sep 30 2017) |
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(Jun 30 2021) |
Cumulative Sterling Bancorp's Working Capital Ratio
STL's Working Capital Ratio for the trailling 12 Months
STL Working Capital 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 Current Assets TTM Growth |
-84.83 % |
-86.21 % |
-8.23 % |
-3.51 % |
-5.95 % |
Working Capital Ratio TTM |
0.61 |
0.83 |
1.05 |
1.09 |
1.11 |
Total
Ranking TTM |
# 4697
| # 4921
| # 4038
| # 4847
| # 4908
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Seq. Current Liabilities TTM Growth |
3.43 % |
-2.94 % |
1.92 % |
-3.57 % |
2.81 % |
Seq. Current Assets TTM Growth |
10.77 % |
-86.01 % |
-6.01 % |
4.11 % |
0.68 % |
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 Working Capital Ratio to 0.61 below the STL average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Commercial Banks industry 93 other companies have achieved higher Working Capital Ratio than Sterling Bancorp. While Working Capital Ratio overall ranking has improved so far to 4697, from total ranking during the twelve months ending second quarter 2021 at 4921.
Explain Working Capital Ratio
How much in Current Assets STLīs has?
What is the value of STLīs Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Commercial Banks Industry |
# 94 |
Financial Sector |
# 956 |
Within the Market |
# 4697 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.34 |
1.21 |
0.61 |
(Jun 30 2018) |
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(Sep 30 2021) |
Companies with similar Working Capital Ratio in the quarter ending Sep 30 2021, within Commercial Banks Industry | Working Capital Ratio | Sep 30 2021 MRQ Current Assets | Sep 30 2021 MRQ Current Liabilities | Northwest Bancshares inc | 0.41 | $ 5,043.037 Millions | $ 12,222.802 Millions | Cullen | 0.41 | $ 17,124.835 Millions | $ 41,839.996 Millions | Pathward Financial Inc | 0.40 | $ 2,283.491 Millions | $ 5,725.353 Millions | Jpmorgan Chase and Co | 0.37 | $ 1,117,444.000 Millions | $ 2,989,527.000 Millions | Santander Holdings Usa Inc | 0.31 | $ 25,890.411 Millions | $ 84,734.783 Millions | Arrow Financial Corporation | 0.30 | $ 1,087.152 Millions | $ 3,607.989 Millions | Zions Bancorporation National Association | 0.29 | $ 23,083.000 Millions | $ 78,463.000 Millions | Nicolet Bankshares Inc | 0.28 | $ 1,528.232 Millions | $ 5,428.774 Millions | Hsbc Usa Inc | 0.21 | $ 34,636.000 Millions | $ 161,415.000 Millions | Sterling Bancorp | 0.16 | $ 3,794.596 Millions | $ 23,967.046 Millions | Wafd Inc | 0.14 | $ 2,244.308 Millions | $ 15,757.494 Millions | First Midwest Bancorp Inc | 0.12 | $ 2,154.440 Millions | $ 18,472.974 Millions | Oceanfirst Financial Corp | 0.11 | $ 1,066.655 Millions | $ 9,917.389 Millions | Hope Bancorp Inc | 0.10 | $ 1,545.376 Millions | $ 15,069.702 Millions | Shinhan Financial Group Co Ltd | 0.10 | $ 33,332.808 Millions | $ 340,007.382 Millions | First Merchants Corporation | 0.07 | $ 918.338 Millions | $ 12,536.014 Millions | First Bancorp Inc | 0.05 | $ 110.998 Millions | $ 2,211.322 Millions | Valley National Bancorp | 0.05 | $ 1,603.026 Millions | $ 34,689.705 Millions | First Horizon Corp | 0.04 | $ 2,732.000 Millions | $ 76,804.000 Millions |
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