Sterling Quick Ratio from 2010 to 2024

SBT Stock  USD 4.84  0.05  1.04%   
Sterling Bancorp Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. 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
63.34
Current Value
66.51
Quarterly Volatility
26.77394891
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sterling Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sterling Bancorp's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 99.7 M or Interest Income of 135.1 M, as well as many indicators such as Price To Sales Ratio of 4.9, Dividend Yield of 0.0024 or PTB Ratio of 0.85. Sterling financial statements analysis is a perfect complement when working with Sterling Bancorp Valuation or Volatility modules.
  
Check out the analysis of Sterling Bancorp Correlation against competitors.
For more information on how to buy Sterling Stock please use our How to Invest in Sterling Bancorp guide.

Latest Sterling Bancorp's Quick Ratio Growth Pattern

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

Sterling Quick Ratio Regression Statistics

Arithmetic Mean15.13
Geometric Mean3.15
Coefficient Of Variation176.96
Mean Deviation20.64
Median3.19
Standard Deviation26.77
Sample Variance716.84
Range70.2097
R-Value0.67
Mean Square Error423.96
R-Squared0.45
Significance0.01
Slope4.02
Total Sum of Squares10,036

Sterling Quick Ratio History

2024 66.51
2023 63.34
2022 70.38
2021 1.18
2020 1.75
2019 0.2
2018 3.94

About Sterling Bancorp Financial Statements

Sterling Bancorp shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Sterling Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in Sterling Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sterling Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 63.34  66.51 

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Additional Tools for Sterling Stock Analysis

When running Sterling Bancorp's price analysis, check to measure Sterling Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sterling Bancorp is operating at the current time. Most of Sterling Bancorp's value examination focuses on studying past and present price action to predict the probability of Sterling Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sterling Bancorp's price. Additionally, you may evaluate how the addition of Sterling Bancorp to your portfolios can decrease your overall portfolio volatility.