BK.TO
Price:
$14.23
Market Cap:
$597.04M
Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc. The fund is managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. The fund was formerly known as Canadian Banc Recovery Corp. Canadian Banc Corp. was formed on May 25, 2005 and is domiciled in Canada.
Industry
Asset Management
IPO Date
2005-07-19
Stock Exchange
TSX
Ticker
BK.TO
According to Canadian Banc Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 12.02. This represents a change of 43.14% compared to the average of 8.40 of the last 4 quarters.
The mean historical Current Ratio of Canadian Banc Corp. over the last ten years is 9.44. The current 12.02 Current Ratio has changed 12.63% with respect to the historical average. Over the past ten years (40 quarters), BK.TO's Current Ratio was at its highest in in the May 2023 quarter at 17.92. The Current Ratio was at its lowest in in the November 2005 quarter at 0.
Average
9.44
Median
9.65
Minimum
0
Maximum
23.01
Discovering the peaks and valleys of Canadian Banc Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 23.01
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 12.35 | -46.32% |
| 2023 | 23.01 | 133.08% |
| 2022 | 9.87 | 288.33% |
| 2021 | 2.54 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 11.99 | 94.46% |
| 2018 | 6.17 | -51.08% |
| 2017 | 12.60 | 95.98% |
| 2016 | 6.43 | -31.79% |
| 2015 | 9.43 | 19.62% |
The current Current Ratio of Canadian Banc Corp. (BK.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
15.08
5-year avg
9.56
10-year avg
9.44
Canadian Banc Corp.’s Current Ratio is greater than Life & Banc Split Corp. (2.03), greater than Financial 15 Split Corp. (1.98), greater than North American Financial 15 Split Corp. (0), greater than Fiera Capital Corporation (1.44), greater than Brompton Split Banc Corp. (0.31), greater than Dividend Growth Split Corp. (1.21), greater than Aimia Inc. (1.99), greater than Urbana Corporation (0), greater than Urbana Corporation (0), greater than Dividend 15 Split Corp. (1.65),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.03 | $578.03M | |
| 1.98 | $753.93M | |
| 0 | $512.30M | |
| 1.44 | $639.74M | |
| 0.31 | $326.33M | |
| 1.21 | $372.14M | |
| 1.99 | $508.95M | |
| 0 | $358.15M | |
| 0 | $346.14M | |
| 1.65 | $958.65M |
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How does the current Current Ratio for Canadian Banc Corp. (BK.TO) compare to its historical average?