Quick Ratio Analysis of Finwise Bancorp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Very Good Quick Ratio
3.03
Period Ending - Dec-22
Excellent Quick Ratio
25.29
Growth
-88.00 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Good Quick Ratio
3.65
Quick Ratio Analysis of Finwise Bancorp
| Quick Ratio of Finwise Bancorp with value of 3.03 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Finwise Bancorp with value of 3.65 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of FINW drastically fell by -88.00 % this year. |
| Quick Ratio with value of 25.29 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 0.679 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 3.03 is lower than Average Quick Ratio of 6.18 in last five years. |
Other Quick Ratio Related Info of FINW that may interest you.
Finwise Bancorp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FINW | 10.42 | 10.15 | 2.66 % | Banks-Regional |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Quick Ratio of Finwise Bancorp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| Quick Ratio | 3.03 | 25.29 | 1.18 | 0.719 | 0.679 |
| Change | -88.00 % | 2045.54 % | 63.85 % | 5.99 % |
FY Chart of Quick Ratio of Finwise Bancorp
Note : All Data Generated at the End of Trading Hours (EOD Data)