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Wafd Inc 's Quick Ratio
WAFD's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Wafd Inc 's Cash & cash equivalent grew by 16.74 % in the I Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Wafd Inc 's Quick Ratio to 0.07, Quick Ratio remained below Wafd Inc average.
Within Commercial Banks industry 31 other companies have achieved higher Quick Ratio than Wafd Inc in first quarter 2023. While Quick Ratio total ranking has improved so far during the I Quarter 2023 to 2491, from total ranking in the forth quarter 2023 at 4091.
Explain Quick Ratio?
How much Cash & cash equivalents WAFD´s has?
What are WAFD´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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WAFD Quick Ratio |
(Dec 31 2023) I. Quarter |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
Y / Y Current Liabilities Change |
341.69 % |
0.14 % |
44.58 % |
21.79 % |
4.31 % |
Y / Y Cash & cash equivalent Change |
77.25 % |
43.38 % |
45.01 % |
-30.46 % |
-70.74 % |
Quick Ratio MRQ |
0.07 |
0.06 |
0.31 |
0.37 |
0.18 |
WAFD's Total
Ranking |
# 2491 |
# 4091 |
# 3052 |
# 3037 |
# 4328 |
Seq. Current Liabilities Change |
-0.32 % |
219.35 % |
21.13 % |
14.54 % |
-77.4 % |
Seq. Cash & cash equivalent Change |
16.74 % |
-37.69 % |
0.64 % |
142.12 % |
-5.57 % |
Quick Ratio first quarter 2023 Company Ranking |
Within: |
No. |
Commercial Banks Industry |
# 32 |
Financial Sector |
# 450 |
Overall Market |
# 2490 |
Quick Ratio Statistics |
High |
Average |
Low |
1.39 |
0.54 |
0.04 |
(Mar 31 2021) |
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(Sep 30 2022) |
Cumulative Wafd Inc 's Quick Ratio
WAFD's Quick Ratio for the trailling 12 Months
WAFD Quick Ratio |
(Dec 31 2023) I. Quarter |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
Y / Y Current Liabilities TTM Growth |
341.69 % |
0.14 % |
44.58 % |
21.79 % |
4.31 % |
Y / Y Cash & cash equivalent TTM Growth |
77.25 % |
43.38 % |
45.01 % |
-30.46 % |
-70.74 % |
Quick Ratio TTM |
0.13 |
0.16 |
0.15 |
0.14 |
0.17 |
Total
Ranking TTM |
# 369
| # 3290
| # 2480
| # 2154
| # 2434
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Seq. Current Liabilities TTM Growth |
-0.32 % |
219.35 % |
21.13 % |
14.54 % |
-77.4 % |
Seq. Cash & cash equivalent TTM Growth |
16.74 % |
-37.69 % |
0.64 % |
142.12 % |
-5.57 % |
On the trailing twelve months basis Due to decrease in Current Liabilities in the I Quarter 2023 to $16,293.87 millions, cumulative Quick Ratio decreased to 0.13 below the Wafd Inc average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Commercial Banks industry 31 other companies have achieved higher Quick Ratio than Wafd Inc . While Quick Ratio overall ranking has improved so far to 369, from total ranking during the twelve months ending forth quarter 2023 at 3290.
Explain Quick Ratio?
How much Cash & cash equivalents WAFD´s has?
What are WAFD´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Commercial Banks Industry |
# 32 |
Financial Sector |
# 450 |
Within the Market |
# 369 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
1.39 |
0.54 |
0.04 |
(Mar 31 2021) |
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(Sep 30 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 | 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 | Wafd Inc | 0.07 | $ 1,144.774 Millions | $ 16,293.874 Millions | Farmers and Merchants Bancorp | 0.04 | $ 182.512 Millions | $ 4,668.095 Millions | Optimumbank Holdings Inc | 0.04 | $ 24.355 Millions | $ 639.581 Millions | Alerus Financial Corporation | 0.04 | $ 129.893 Millions | $ 3,473.879 Millions | First Horizon Corp | 0.03 | $ 2,131.000 Millions | $ 68,838.000 Millions | Hope Bancorp Inc | 0.03 | $ 436.725 Millions | $ 14,922.398 Millions | National Bank Holdings Corp | 0.02 | $ 190.826 Millions | $ 8,210.018 Millions | Nicolet Bankshares Inc | 0.02 | $ 129.898 Millions | $ 7,197.800 Millions | Pnc Financial Services Group Inc | 0.02 | $ 6,921.000 Millions | $ 437,039.000 Millions | Carter bankshares inc | 0.01 | $ 54.529 Millions | $ 3,721.915 Millions | Oceanfirst Financial Corp | 0.01 | $ 153.718 Millions | $ 10,508.097 Millions | Cullen | 0.01 | $ 649.286 Millions | $ 46,061.956 Millions |
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