Quick Ratio Analysis of M&T Bank Corp. (PFD- K) - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
13.27
Period Ending - Dec-22
Excellent Quick Ratio
6.55
Growth
102.50 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.15
Quick Ratio Analysis of M&T Bank Corp. (PFD- K)
Quick Ratio of M&T Bank Corp. (PFD- K) with value of 13.27 indicates company has liquid assets to pay its obligations. |
Quick Ratio of M&T Bank Corp. (PFD- K) with value of 1.15 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of MTB-PH rose handsomely by 102.50 % this year. |
Quick Ratio with value of 180.03 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 6.55 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 13.27 is lower than Average Quick Ratio of 103.54 in last five years. |
Other Quick Ratio Related Info of MTB-PH that may interest you.
M&T Bank Corp. (PFD- K) Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MTB-PH | 23.9899 | 23.8 | 0.798 % |
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 Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Quick Ratio of M&T Bank Corp. (PFD- K)
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 13.27 | 6.55 | 180.03 | 143.97 | 173.89 | 3.23 | 119.15 |
Change | 102.50 % | -96.36 % | 25.04 % | -17.21 % | 5278.68 % | -97.29 % | 1040.94 % |
FY Chart of Quick Ratio of M&T Bank Corp. (PFD- K)
Note : All Data Generated at the End of Trading Hours (EOD Data)