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Western New England Bancorp Inc   (WNEB)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial

Western New England Bancorp Inc 's Quick Ratio

WNEB's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 0.06 below Western New England Bancorp Inc 's average Quick Ratio.

Within S&Ls Savings Banks industry 11 other companies have achieved higher Quick Ratio than Western New England Bancorp Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 2072, from total ranking in the third quarter 2023 at 3858.

Explain Quick Ratio?
How much Cash & cash equivalents WNEB´s has?
What are WNEB´s Current Liabilities?


WNEB 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 -4.89 % -5.27 % -6.14 % -0.97 % 0.62 %
Y / Y Cash & cash equivalent Change -6.72 % -12.11 % -64.16 % -64.43 % -64.72 %
Quick Ratio MRQ 0.06 0.06 0.07 0.06 0.06
WNEB's Total Ranking # 2072 # 3858 # 2655 # 3869 # 3601
Seq. Current Liabilities Change -1.26 % 1.03 % -4.03 % -0.65 % -1.67 %
Seq. Cash & cash equivalent Change 4.9 % -7.61 % -3.34 % -0.42 % -1.16 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
S&Ls Savings Banks Industry # 12
Financial Sector # 374
Overall Market # 2072


Quick Ratio Statistics
High Average Low
0.83 0.25 0.02
(Jun 30 2012)   (Sep 30 2012)




Financial Statements
Western New England Bancorp Inc 's Current Liabilities $ 2,160 Millions Visit WNEB's Balance sheet
Western New England Bancorp Inc 's Cash & cash equivalent $ 137 Millions Visit WNEB's Balance sheet
Source of WNEB's Sales Visit WNEB's Sales by Geography


Cumulative Western New England Bancorp Inc 's Quick Ratio

WNEB's Quick Ratio for the trailling 12 Months

WNEB 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 -4.89 % -5.27 % -6.14 % -0.97 % 0.62 %
Y / Y Cash & cash equivalent TTM Growth -6.72 % -12.11 % -64.16 % -64.43 % -64.72 %
Quick Ratio TTM 0.06 0.06 0.06 0.09 0.12
Total Ranking TTM # 1724 # 3295 # 3389 # 3317 # 0
Seq. Current Liabilities TTM Growth -1.26 % 1.03 % -4.03 % -0.65 % -1.67 %
Seq. Cash & cash equivalent TTM Growth 4.9 % -7.61 % -3.34 % -0.42 % -1.16 %


On the trailing twelve months basis In spite of the year on year decrease in WNEB's Current Liabilities to $2,159.84 millions, cumulative Quick Ratio to 0.06 below the WNEB average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within S&Ls Savings Banks industry 11 other companies have achieved higher Quick Ratio than Western New England Bancorp Inc . While Quick Ratio overall ranking has improved so far to 1724, from total ranking during the twelve months ending third quarter 2023 at 3295.

Explain Quick Ratio?
How much Cash & cash equivalents WNEB´s has?
What are WNEB´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the S&Ls Savings Banks Industry # 12
Financial Sector # 374
Within the Market # 1724


trailing twelve months Quick Ratio Statistics
High Average Low
0.83 0.25 0.02
(Jun 30 2012)   (Sep 30 2012)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within S&Ls Savings Banks Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
First Savings Financial Group inc   0.14 $ 245.538  Millions$ 1,725.587  Millions
Axos Financial Inc   0.10 $ 1,909.228  Millions$ 18,745.569  Millions
Territorial Bancorp Inc   0.09 $ 146.830  Millions$ 1,669.938  Millions
Home Federal Bancorp Inc Of Louisiana  0.08 $ 45.977  Millions$ 591.599  Millions
Eastern Bankshares Inc   0.07 $ 1,298.919  Millions$ 17,596.312  Millions
Western New England Bancorp Inc   0.06 $ 137.115  Millions$ 2,159.844  Millions
Capitol Federal Financial Inc   0.05 $ 320.357  Millions$ 6,144.040  Millions
Provident Financial Holdings inc   0.05 $ 46.878  Millions$ 928.932  Millions
Kentucky First Federal Bancorp  0.04 $ 10.918  Millions$ 244.796  Millions
Bcb Bancorp Inc   0.04 $ 105.101  Millions$ 2,979.080  Millions
Riverview Bancorp Inc   0.03 $ 37.553  Millions$ 1,245.632  Millions
Provident Financial Services Inc   0.02 $ 180.241  Millions$ 10,292.514  Millions
Magyar Bancorp Inc   0.02 $ 12.273  Millions$ 805.821  Millions

Date modified: 2024-03-10T15:44:01+00:00



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