Cash Ratio Analysis of Southern States Bancshares Inc - Deep Dive


Cash Ratio of SSBK
Dec-23
-0.0448
Very Poor Cash Ratio
Dec-22
0.152
Poor Cash Ratio
Growth
-129.58
%
Cash Ratio Analysis of Southern States Bancshares Inc
Cash Ratio of Southern States Bancshares Inc with value of -0.0448 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of SSBK drastically fell by -129.58 % this year.
Cash Ratio with value of 22.87 was highest in Year Dec-20 in last Five Years.
Cash Ratio of SSBK trending down for at least three Years.
Latest Cash Ratio with value of -0.0448 is lower than Average Cash Ratio of 8.21 in last five years.
Other Cash Ratio Related Info of SSBK that may interest you.
Southern States Bancshares Inc Overview
CodePricePrevious PricePrice ChangeSector
SSBK26.5326.59 0.226 % Banks-Regional
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
Low Stability Stock
FY - Historical Cash Ratio of Southern States Bancshares Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18
Cash Ratio-0.04480.1520.21422.8717.86243.54
Change-129.58 %-29.30 %-99.06 %28.02 %-92.67 %
FY Chart of Cash Ratio of Southern States Bancshares Inc


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