0 results available. Select is focused ,type to refine list, press Down to open the menu,
Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides integrated financial services to retail and commercial customers in Florida. The c...
The following section summarizes insights on Seacoast Banking Corporation of Florida's Current Ratio:
We've identified the following companies as similar to Seacoast Banking Corporation of Florida because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Current Ratio in the risk category include:
A ratio that compares a company's current total assets to its current total liabilities.
Current Ratio measures whether a firm is capitalized with enough assets to pay its debts over the next twelve months by comparing a firm’s current assets to its current liabilities.
Current Ratio is defined as:
Current Ratio = Current Assets / Current Liabilities
current ratio is not meaningful for Seacoast Banking Corporation of Florida.
While ratios vary by industry and circumstances, healthy companies generally have ratios between 1.5 and 3.
A high current ratio is not necessarily a good thing. The company may be inefficiently using its current assets or short-term financing facilities.
While a low current ratio (values less than 1) may indicate that a firm is having difficulty meeting current obligations, it may also reflect the organizations ability to borrow against good prospects to meet current obligations. Strong businesses that can turn inventory faster than due dates on their accounts payable may also have a current ratio less than one.
The chart above depicts the distribution of current ratio for companies operating in the Financials sector in the Developed economic region. Over 2,510 companies were considered in this analysis, and 2,419 had meaningful values. The average current ratio of companies in the sector is 11.9x with a standard deviation of 31.8x.
Seacoast Banking Corporation of Florida's Current Ratio of - is significantly outside the interquartile range and is excluded from the distribution. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 2,519 |
| Included Constituents | 2,419 |
| Min | 0.0x |
| Max | 284.7x |
| Median | 1.8x |
| Mean | 11.9x |
| Standard Deviation | 31.8x |
You can find companies with similar current ratio using this stock screener.