Cadence Quick Ratio from 2010 to 2024

CADE Stock  USD 38.31  0.32  0.83%   
Cadence Bancorp's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Quick Ratio is expected to dwindle to 1.15. 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
1.20921857
Current Value
1.15
Quarterly Volatility
756.90379133
 
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Yuan Drop
 
Covid
Check Cadence Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cadence Bancorp's main balance sheet or income statement drivers, such as Other Operating Expenses of 1.3 B, Operating Income of 91.1 M or EBIT of 275.8 M, as well as many indicators such as Price To Sales Ratio of 2.33, Dividend Yield of 0.0306 or PTB Ratio of 1.64. Cadence financial statements analysis is a perfect complement when working with Cadence Bancorp Valuation or Volatility modules.
  
Check out the analysis of Cadence Bancorp Correlation against competitors.
For information on how to trade Cadence Stock refer to our How to Trade Cadence Stock guide.

Latest Cadence Bancorp's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Cadence Bancorp 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. Cadence Bancorp's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cadence Bancorp's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Cadence Quick Ratio Regression Statistics

Arithmetic Mean616.11
Geometric Mean79.70
Coefficient Of Variation122.85
Mean Deviation650.02
Median170.52
Standard Deviation756.90
Sample Variance572,903
Range2.1K
R-Value(0.49)
Mean Square Error468,843
R-Squared0.24
Significance0.06
Slope(82.93)
Total Sum of Squares8M

Cadence Quick Ratio History

2024 1.15
2023 1.21
2022 4.5
2021 1.13
2020 669.71
2019 349.45
2018 1655.61

About Cadence Bancorp Financial Statements

Cadence Bancorp stakeholders use historical fundamental indicators, such as Cadence Bancorp's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Cadence Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cadence Bancorp's assets and liabilities are reflected in the revenues and expenses on Cadence Bancorp'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 Cadence Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.21  1.15 

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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 Cadence Bancorp is a strong investment it is important to analyze Cadence Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cadence Bancorp's future performance. For an informed investment choice regarding Cadence Stock, refer to the following important reports:
Check out the analysis of Cadence Bancorp Correlation against competitors.
For information on how to trade Cadence Stock refer to our How to Trade Cadence Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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 Cadence Bancorp. If investors know Cadence 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 Cadence Bancorp 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
0.471
Dividend Share
0.98
Earnings Share
0.63
Revenue Per Share
6.963
Quarterly Revenue Growth
0.128
The market value of Cadence Bancorp is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Cadence Bancorp'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 Cadence Bancorp's market value can be influenced by many factors that don't directly affect Cadence Bancorp'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 Cadence Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadence Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Bancorp'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.