CSIMarket
 


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

Cumulative Mackinac Financial's Working Capital Ratio for Trailing Twelve Months Period

MFNC's Working Capital Ratio for Trailing Twelve Months Period and Current Assets, Current Liabilities growth


Select the Comparisons : Select the Ratio:

MFNC Working Capital 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 Current Assets Growth 0.57 % 12.17 % 15.02 % 22.58 % 21.77 %
Working Capital Ratio for Trailing Twelve Months Period 1.11 1.12 1.13 1.13 1.11
Total Ranking # 3518 # 3615 # 3413 # 3254 # 3236
Seq. Current Liabilities Growth 2.66 % 1.15 % -1.73 % 4.34 % 9.78 %
Seq. Current Assets Growth 1.04 % 0.55 % -1.33 % 0.32 % 12.7 %


Working Capital Ratio for Trailing Twelve Months Period Comment for 12 Months ending at Jun 30 2021
On the trailing twelve months basis Due to rise in Current Liabilities in the II. Quarter to $1,307 millions, average cumulative Working Capital Ratio for Trailing Twelve Months Period decreased to 1.11 below Mackinac Financial Corp average Working Capital Ratio for Trailing Twelve Months Period.
Working Capital Ratio for Trailing Twelve Months Period is the average cumulative value over the last four quarters.

Among companies operatig within Regional Banks industry 82 other companies have achieved higher Working Capital Ratio for Trailing Twelve Months Period than Mackinac Financial. While overall ranking remained unchanged compare to previous quarter at no. .

What is Working Capital Ratio?
More about MFNC
Working Capital Ratio MFNC in the most recent quarter
Working Capital Ratio for Trailing Twelve Months Period Company Ranking
Within: No.
Industry # 83
Sector # 518
S&P 500 # 3504


Working Capital Ratio for Trailing Twelve Months Period Statistics
High Average Low
1.13 1 0.82
(Jun 30 2020)   (Mar 31 2017)




Companies with similar average Working Capital Ratio for Trailing Twelve Months Period for 12 months ending Jun 30 2021, within Regional Banks Industry Working Capital Ratio for Trailing Twelve Months Period
New York Community Bancorp Inc   2.78 
Atlantic Capital Bancshares inc   2.28 
Community West Bancshares  1.87 
Security Federal Corp  1.68 
Texas Capital Bancshares Inc  1.60 
Richmond Mutual Bancorporation Inc   1.57 
Century Bancorp Inc   1.57 
First Financial Corporation  1.51 
Wvs Financial Corp  1.49 
First Ban corp   1.49 
First Foundation inc   1.47 
Citizens Financial Group Inc  1.46 
Marlin Business Services Corp   1.41 
Prudential Bancorp Inc   1.36 
Eagle Bancorp Montana Inc   1.36 
1895 Bancorp Of Wisconsin Inc   1.33 
County Bancorp Inc   1.32 
Luther Burbank Corp   1.30 
Flushing Financial Corporation  1.29 
Live Oak Bancshares Inc   1.26 
Blue Ridge Bankshares Inc   1.25 
Bogota Financial Corp   1.24 
Provident Bancorp Inc   1.24 
Union Bankshares Inc   1.24 
Independent Bank Corp  1.24 
Horizon Bancorp Inc   1.23 
Pcsb Financial Corporation  1.23 
Washington Trust Bancorp Inc  1.23 
First Business Financial Services Inc   1.23 
Metrocity Bankshares inc   1.21 




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