CSIMarket
 


Mackinac Financial Corp  (MFNC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Cumulative Mackinac Financial's Quick Ratio for Trailing Twelve Months Period

MFNC's Quick Ratio for Trailing Twelve Months Period and Cash & cash equivalent, Current Liabilities growth


Select the Comparisons : Select the Ratio:

MFNC Quick Ratio for Trailing Twelve Months Period

(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
(Jun 30 2020)
II. Quarter
Y / Y Current Liabilities Growth 6.48 % 13.87 % 16.35 % 15.02 % 10.11 %
Y / Y Cash & cash equivalent Growth 68.19 % 61.05 % 98.54 % 167.03 % 145.62 %
Quick Ratio for Trailing Twelve Months Period 0.28 0.25 0.23 0.2 0.17
Total Ranking # 3416 # 3750 # 3575 # 3532 # 3664
Seq. Current Liabilities Growth 2.66 % 1.15 % -1.73 % 4.34 % 9.78 %
Seq. Cash & cash equivalent Growth 28.29 % 6.47 % 16.7 % 5.51 % 22.85 %


Quick Ratio for Trailing Twelve Months Period Comment for 12 Months ending at Jun 30 2021
On the trailing twelve months basis Mackinac Financial Corp Cash & cash equivalent average soared by 68.19% in II. Quarter year on year, faster than Current Liabilities, this led to increase in in Mackinac Financial's Quick Ratio for Trailing Twelve Months Period to 0.28, Quick Ratio for Trailing Twelve Months Period remained below Mackinac Financial Corp average.
Quick Ratio for Trailing Twelve Months Period is the average cumulative value over the last four quarters.

Among companies operatig within Regional Banks industry 39 other companies have achieved higher Quick Ratio for Trailing Twelve Months Period than Mackinac Financial. While overall ranking remained unchanged compare to previous quarter at no. .

What is Quick Ratio?
Learn more about MFNC
Quick Ratio MFNC in the most recent quarter
Quick Ratio for Trailing Twelve Months Period Company Ranking
Within: No.
Industry # 40
Sector # 489
S&P 500 # 3073


Quick Ratio for Trailing Twelve Months Period Statistics
High Average Low
0.28 0.16 0.1
(Jun 30 2021)   (Sep 30 2019)




Companies with similar average Quick Ratio for Trailing Twelve Months Period for 12 months ending Jun 30 2021, within Regional Banks Industry Quick Ratio for Trailing Twelve Months Period
Bm Technologies Inc   0.76 
Wvs Financial Corp  0.69 
Peoples Financial Corp  0.66 
Prudential Bancorp Inc   0.60 
Century Bancorp Inc   0.59 
Security Federal Corp  0.57 
Southside Bancshares Inc   0.52 
Citizens Holding Co  0.51 
First Financial Bankshares Inc   0.51 
Northern Trust Corporation  0.48 
Macatawa Bank Corp  0.48 
International Bancshares Corporation  0.47 
Hbt Financial Inc   0.44 
Popular Inc   0.43 
Capital City Bank Group Inc   0.43 
Silvergate Capital Corporation  0.43 
Bank Of South Carolina Corporation  0.43 
1895 Bancorp Of Wisconsin Inc   0.43 
First Ban corp   0.42 
Cvb Financial Corp   0.41 
Greene County Bancorp Inc   0.41 
First Financial Corporation  0.41 
Richmond Mutual Bancorporation Inc   0.40 
Amalgamated Financial Corp   0.40 
Svb Financial Group  0.39 
Auburn National Bancorporation Inc   0.39 
Fifth Third Bancorp  0.39 
Heartland Financial Usa Inc   0.38 
First Hawaiian Inc   0.38 
Kentucky Bancshares Inc  0.38 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com