Associated Quick Ratio from 2010 to 2024

ASB Stock  USD 27.03  0.16  0.59%   
Associated Banc's Quick Ratio is increasing over the years with stable fluctuation. Overall, Quick Ratio is expected to go to 61.22 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
58.3
Current Value
61.22
Quarterly Volatility
135.47233822
 
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Yuan Drop
 
Covid
Check Associated Banc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Associated Banc's main balance sheet or income statement drivers, such as Interest Expense of 964.4 M, Other Operating Expenses of 2.7 B or Operating Income of 236.4 M, as well as many indicators such as Price To Sales Ratio of 2.59, Dividend Yield of 0.0253 or PTB Ratio of 0.73. Associated financial statements analysis is a perfect complement when working with Associated Banc Valuation or Volatility modules.
  
Check out the analysis of Associated Banc Correlation against competitors.

Latest Associated Banc's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Associated Banc Corp over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Associated Banc's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Associated Banc's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

Associated Quick Ratio Regression Statistics

Arithmetic Mean69.50
Geometric Mean26.19
Coefficient Of Variation194.93
Mean Deviation64.21
Median37.27
Standard Deviation135.47
Sample Variance18,353
Range550
R-Value0.14
Mean Square Error19,381
R-Squared0.02
Significance0.62
Slope4.22
Total Sum of Squares256,939

Associated Quick Ratio History

2024 61.22
2023 58.3
2022 64.78
2021 23.04
2020 7.72
2019 6.61
2018 551.1

About Associated Banc Financial Statements

Associated Banc stakeholders use historical fundamental indicators, such as Associated Banc's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Associated Banc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Associated Banc's assets and liabilities are reflected in the revenues and expenses on Associated Banc's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Associated Banc Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 58.30  61.22 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Associated Banc Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Banc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Associated Banc Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Banc Corp Stock:
Check out the analysis of Associated Banc Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Associated Banc. If investors know Associated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Associated Banc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.057
Dividend Share
0.88
Earnings Share
1.2
Revenue Per Share
6.717
Quarterly Revenue Growth
0.033
The market value of Associated Banc Corp is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Banc's value that differs from its market value or its book value, called intrinsic value, which is Associated Banc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Associated Banc's market value can be influenced by many factors that don't directly affect Associated Banc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Associated Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Banc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.