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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 Working Capital Ratio

WNEB's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Western New England Bancorp Inc 's Current Assets grew by 4.79 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Western New England Bancorp Inc 's Working Capital Ratio to 0.07, Working Capital Ratio remained below Western New England Bancorp Inc average.

Within S&Ls Savings Banks industry 12 other companies have achieved higher Working Capital Ratio than Western New England Bancorp Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 2258, from total ranking in the third quarter 2023 at 4623.

Explain Working Capital Ratio
How much in Current Assets WNEB´s has?
What is the value of WNEB´s Current Liabilities?


WNEB Working Capital 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 Current Assets Change -93.15 % -93.52 % -93.7 % -93.4 % -6.78 %
Working Capital Ratio MRQ 0.07 0.06 0.07 0.07 0.94
WNEB's Total Ranking # 2258 # 4623 # 2022 # 4537 # 3708
Seq. Current Liabilities Change -1.26 % 1.03 % -4.03 % -0.65 % -1.67 %
Seq. Current Assets Change 4.79 % -6.9 % -3.3 % -92.74 % -0.8 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
S&Ls Savings Banks Industry # 13
Financial Sector # 388
Overall Market # 2258


Working Capital Ratio Statistics
High Average Low
1.56 1.06 0.06
(Sep 30 2012)   (Sep 30 2023)




Financial Statements
Western New England Bancorp Inc 's Current Liabilities $ 2,160 Millions Visit WNEB's Balance sheet
Western New England Bancorp Inc 's Current Assets $ 146 Millions Visit WNEB's Balance sheet
Source of WNEB's Sales Visit WNEB's Sales by Geography


Cumulative Western New England Bancorp Inc 's Working Capital Ratio

WNEB's Working Capital Ratio for the trailling 12 Months

WNEB Working Capital 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 Current Assets TTM Growth -93.15 % -93.52 % -93.7 % -93.4 % -6.78 %
Working Capital Ratio TTM 0.07 0.29 0.51 0.74 0.98
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth -1.26 % 1.03 % -4.03 % -0.65 % -1.67 %
Seq. Current Assets TTM Growth 4.79 % -6.9 % -3.3 % -92.74 % -0.8 %


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 Working Capital Ratio to 0.07 below the WNEB average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within S&Ls Savings Banks industry 12 other companies have achieved higher Working Capital Ratio than Western New England Bancorp Inc . While Working Capital Ratio overall ranking has improved so far to 2141, from total ranking during the twelve months ending third quarter 2023 at 2613.

Explain Working Capital Ratio
How much in Current Assets WNEB´s has?
What is the value of WNEB´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the S&Ls Savings Banks Industry # 13
Financial Sector # 388
Within the Market # 2258


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.56 1.06 0.06
(Sep 30 2012)   (Sep 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within S&Ls Savings Banks Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
First Savings Financial Group inc   0.16 $ 273.190  Millions$ 1,725.587  Millions
Axos Financial Inc   0.10 $ 1,930.762  Millions$ 18,745.569  Millions
Eastern Bankshares Inc   0.07 $ 1,304.823  Millions$ 17,596.312  Millions
Capitol Federal Financial Inc   0.07 $ 430.523  Millions$ 6,144.040  Millions
Western New England Bancorp Inc   0.07 $ 145.643  Millions$ 2,159.844  Millions
Kentucky First Federal Bancorp  0.07 $ 16.480  Millions$ 244.796  Millions
Provident Financial Holdings inc   0.07 $ 60.459  Millions$ 928.932  Millions
Riverview Bancorp Inc   0.04 $ 50.827  Millions$ 1,245.632  Millions
Provident Financial Services Inc   0.03 $ 318.424  Millions$ 10,292.514  Millions
Northrim Bancorp Inc   0.03 $ 67.279  Millions$ 2,485.055  Millions
Magyar Bancorp Inc   0.02 $ 19.112  Millions$ 805.821  Millions
Kearny Financial Corp   0.02 $ 113.630  Millions$ 5,319.630  Millions

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



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