MidWestOne Quick Ratio from 2010 to 2024

MOFG Stock  USD 33.26  0.44  1.31%   
MidWestOne Financial's Quick Ratio is decreasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 0.02. 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
0.02312239
Current Value
0.022
Quarterly Volatility
727.48587632
 
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Check MidWestOne Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MidWestOne Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 110.7 M or Selling General Administrative of 89.9 M, as well as many indicators such as Price To Sales Ratio of 3.0, Dividend Yield of 0.0341 or PTB Ratio of 1.21. MidWestOne financial statements analysis is a perfect complement when working with MidWestOne Financial Valuation or Volatility modules.
  
Check out the analysis of MidWestOne Financial Correlation against competitors.

Latest MidWestOne Financial's Quick Ratio Growth Pattern

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

MidWestOne Quick Ratio Regression Statistics

Arithmetic Mean710.09
Geometric Mean55.71
Coefficient Of Variation102.45
Mean Deviation656.77
Median733.74
Standard Deviation727.49
Sample Variance529,236
Range1.7K
R-Value(0.48)
Mean Square Error438,280
R-Squared0.23
Significance0.07
Slope(78.19)
Total Sum of Squares7.4M

MidWestOne Quick Ratio History

2024 0.022
2023 0.0231
2022 5.94
2021 15.16
2020 8.14
2019 7.13
2018 1381.68

About MidWestOne Financial Financial Statements

MidWestOne Financial stakeholders use historical fundamental indicators, such as MidWestOne Financial's Quick Ratio, to determine how well the company is positioned to perform in the future. Although MidWestOne Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in MidWestOne Financial's assets and liabilities are reflected in the revenues and expenses on MidWestOne Financial'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 MidWestOne Financial Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.02  0.02 

Currently Active Assets on Macroaxis

When determining whether MidWestOne Financial is a strong investment it is important to analyze MidWestOne Financial'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 MidWestOne Financial's future performance. For an informed investment choice regarding MidWestOne Stock, refer to the following important reports:
Check out the analysis of MidWestOne Financial Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 MidWestOne Financial. If investors know MidWestOne 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 MidWestOne Financial 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
1.083
Dividend Share
0.97
Earnings Share
(4.69)
Revenue Per Share
2.328
Quarterly Revenue Growth
0.284
The market value of MidWestOne Financial is measured differently than its book value, which is the value of MidWestOne that is recorded on the company's balance sheet. Investors also form their own opinion of MidWestOne Financial's value that differs from its market value or its book value, called intrinsic value, which is MidWestOne Financial'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 MidWestOne Financial's market value can be influenced by many factors that don't directly affect MidWestOne Financial'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 MidWestOne Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MidWestOne Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MidWestOne Financial'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.