Medallion Financial Corp.

Medallion Financial Corp.verified

MFIN

Price:

$9.41

Market Cap:

$217.07M

Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. In addition, it provides debt, mezzanine, and...[Read more]

Industry

Financial - Credit Services

IPO Date

1996-05-23

Stock Exchange

NASDAQ

Ticker

MFIN

The Current Ratio as of December 2024 (TTM) for Medallion Financial Corp. (MFIN) is 31.25

According to Medallion Financial Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 31.25. This represents a change of -50.84% compared to the average of 63.57 of the last 4 quarters.

Medallion Financial Corp. (MFIN) Historical Current Ratio (quarterly & annually)

How has MFIN Current Ratio performed in the past?

The mean historical Current Ratio of Medallion Financial Corp. over the last ten years is 34.50. The current 31.25 Current Ratio has changed 8.96% with respect to the historical average. Over the past ten years (40 quarters), MFIN's Current Ratio was at its highest in in the March 2022 quarter at 200.74. The Current Ratio was at its lowest in in the September 2021 quarter at 0.04.

Quarterly (TTM)
Annual

Average

34.50

Median

21.67

Minimum

1.01

Maximum

106.47

Medallion Financial Corp. (MFIN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Medallion Financial 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 = 652.58%

Maximum Annual Current Ratio = 106.47

Minimum Annual Increase = -96.71%

Minimum Annual Current Ratio = 1.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
202359.1410.48%
202253.53652.58%
20217.11512.54%
20201.16-46.19%
20192.16114.33%
20181.01-96.71%
201730.63140.96%
201612.71-88.06%
2015106.4749.82%
201471.06-20.44%

Medallion Financial Corp. (MFIN) Average Current Ratio

How has MFIN Current Ratio performed in the past?

The current Current Ratio of Medallion Financial Corp. (MFIN) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

39.92

5-year avg

24.62

10-year avg

34.50

Medallion Financial Corp. (MFIN) Current Ratio vs. Peers

How is MFIN’s Current Ratio compared to its peers?

Medallion Financial Corp.’s Current Ratio is greater than Midland States Bancorp, Inc. (15.12), greater than Western New England Bancorp, Inc. (9.98), less than Merchants Bancorp (34.19), greater than MidWestOne Financial Group, Inc. (4.13), greater than OFS Capital Corporation (1.12),

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