Glacier Quick Ratio from 2010 to 2024

GBCI Stock  USD 57.89  0.53  0.91%   
Glacier Bancorp's Quick Ratio is increasing with slightly volatile movements from year to year. Quick Ratio is estimated to finish at 1,370 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
1.3 K
Current Value
1.4 K
Quarterly Volatility
977.61465025
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glacier Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glacier Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 342.3 M, Other Operating Expenses of 427.8 M or Operating Income of 399 M, as well as many indicators such as Price To Sales Ratio of 3.74, Dividend Yield of 0.0235 or PTB Ratio of 2.17. Glacier financial statements analysis is a perfect complement when working with Glacier Bancorp Valuation or Volatility modules.
  
Check out the analysis of Glacier Bancorp Correlation against competitors.
For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.

Latest Glacier Bancorp's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Glacier 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. Glacier Bancorp's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Glacier 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  

Glacier Quick Ratio Regression Statistics

Arithmetic Mean1,457
Geometric Mean1,021
Coefficient Of Variation67.10
Mean Deviation635.84
Median1,370
Standard Deviation977.61
Sample Variance955,730
Range4.2K
R-Value0.53
Mean Square Error742,795
R-Squared0.28
Significance0.04
Slope115.32
Total Sum of Squares13.4M

Glacier Quick Ratio History

2024 1369.91
2023 1304.68
2022 1449.64
2021 4233.95
2020 2044.43
2019 715.84
2018 2031.44

About Glacier Bancorp Financial Statements

Investors use fundamental indicators, such as Glacier Bancorp's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Glacier Bancorp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio1.3 K1.4 K

Currently Active Assets on Macroaxis

When determining whether Glacier Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Glacier Bancorp'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 Glacier Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Glacier Bancorp Stock:
Check out the analysis of Glacier Bancorp Correlation against competitors.
For more detail on how to invest in Glacier Stock please use our How to Invest in Glacier Bancorp guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Glacier Bancorp. If investors know Glacier 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 Glacier 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
(0.04)
Dividend Share
1.32
Earnings Share
1.62
Revenue Per Share
6.934
Quarterly Revenue Growth
0.074
The market value of Glacier Bancorp is measured differently than its book value, which is the value of Glacier that is recorded on the company's balance sheet. Investors also form their own opinion of Glacier Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Glacier 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 Glacier Bancorp's market value can be influenced by many factors that don't directly affect Glacier 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 Glacier Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glacier Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glacier 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.