CKNQP
Price:
$100
Market Cap:
$3.24B
CoBank, ACB, a cooperative bank, provides financial products and services in the United States. It operates through three segments: Agribusiness, Farm Credit Banking, and Rural Infrastructure. The company offers various loan products, such as intermediate- and long-term loans, revolving term loans, interim and bridge loans, construction loans, short-term lines of credit, and acquisitions financing. It also provides lease financing and related services for a range of ag production and forestry equipment; grain, feed, fertilizer, and seed; storage and handling; building and bins; material handling and construction; packaging and processing; transportation; and utility, communication, and energ...[Read more]
Industry
Banks - Regional
IPO Date
2016-08-25
Stock Exchange
OTC
Ticker
CKNQP
According to CoBank, ACB’s latest financial reports and current stock price. The company's current Current Ratio is 4.03. This represents a change of 72.98% compared to the average of 2.33 of the last 4 quarters.
The mean historical Current Ratio of CoBank, ACB over the last ten years is 10.64. The current 4.03 Current Ratio has changed 3.69% with respect to the historical average. Over the past ten years (40 quarters), CKNQP's Current Ratio was at its highest in in the December 2021 quarter at 30.49. The Current Ratio was at its lowest in in the September 2018 quarter at 0.44.
Average
10.64
Median
8.08
Minimum
4.03
Maximum
30.52
Discovering the peaks and valleys of CoBank, ACB 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 = 216.75%
Maximum Annual Current Ratio = 30.52
Minimum Annual Increase = -74.44%
Minimum Annual Current Ratio = 4.03
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 4.03 | -74.44% |
| 2022 | 15.77 | -48.31% |
| 2021 | 30.52 | 216.75% |
| 2020 | 9.63 | 48.65% |
| 2019 | 6.48 | 5.25% |
| 2018 | 6.16 | -18.90% |
| 2017 | 7.59 | -11.45% |
| 2016 | 8.57 | -20.21% |
| 2015 | 10.75 | 56.97% |
| 2014 | 6.85 | 49.17% |
The current Current Ratio of CoBank, ACB (CKNQP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
16.77
5-year avg
13.29
10-year avg
10.64
CoBank, ACB’s Current Ratio is greater than TBC Bank Group PLC (0.24), greater than The Bank of Kyoto, Ltd. (0), greater than Virgin Money UK PLC (0.23), greater than Sparebanken Vest (0), greater than The Hachijuni Bank, Ltd. (0), greater than Virgin Money UK PLC (0.23), greater than Credit Suisse Group AG (3.54), greater than Central Bancompany, Inc. (0), greater than Grupo de Inversiones Suramericana S.A. (0), greater than Bank of Queensland Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.24 | $3.37B | |
| 0 | $3.23B | |
| 0.23 | $3.54B | |
| 0 | $2.95B | |
| 0 | $2.79B | |
| 0.23 | $3.78B | |
| 3.54 | $3.51B | |
| 0 | $5.15B | |
| 0 | $3.40B | |
| 0 | $2.48B |
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What is the Current Ratio?
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What is CoBank, ACB's Current Ratio?
How is the Current Ratio calculated for CoBank, ACB (CKNQP)?
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What is the 3-year average Current Ratio for CoBank, ACB (CKNQP)?
What is the 5-year average Current Ratio for CoBank, ACB (CKNQP)?
How does the current Current Ratio for CoBank, ACB (CKNQP) compare to its historical average?