Cash Ratio Analysis of Bank of America Corp. (PFD- SS) - Deep Dive


Cash Ratio of BAC-PS
Dec-23
-0.0291
Very Poor Cash Ratio
Dec-22
17.02
Excellent Cash Ratio
Growth
-100.17
%
Cash Ratio Analysis of Bank of America Corp. (PFD- SS)
Cash Ratio of Bank of America Corp. (PFD- SS) with value of -0.0291 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of BAC-PS drastically fell by -100.17 % this year.
Cash Ratio with value of 32.17 was highest in Year Dec-20 in last Five Years.
Cash Ratio of BAC-PS trending down for at least three Years.
Latest Cash Ratio with value of -0.0291 is lower than Average Cash Ratio of 18.77 in last five years.
Other Cash Ratio Related Info of BAC-PS that may interest you.
Bank of America Corp. (PFD- SS) Overview
CodePricePrevious PricePrice ChangeSector
BAC-PS20.720.75 0.241 % Banks-Diversified
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Very Low Stability Stock
FY - Historical Cash Ratio of Bank of America Corp. (PFD- SS)
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio-0.029117.0227.5632.1717.1220.5214.43
Change-100.17 %-38.25 %-14.33 %87.92 %-16.58 %42.24 %-23.51 %
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FY Chart of Cash Ratio of Bank of America Corp. (PFD- SS)


Note : All Data Generated at the End of Trading Hours (EOD Data)