SLM Corporation

SLM Corporationverified

SLMBP

Price:

$76.51

Market Cap:

$4.65B

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.[Read more]

Industry

Financial - Credit Services

IPO Date

2005-07-11

Stock Exchange

NASDAQ

Ticker

SLMBP

The Current Ratio as of September 2024 (TTM) for SLM Corporation (SLMBP) is 0

According to SLM Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of 0% compared to the average of 0 of the last 4 quarters.

SLM Corporation (SLMBP) Historical Current Ratio (quarterly & annually)

How has SLMBP Current Ratio performed in the past?

The mean historical Current Ratio of SLM Corporation over the last ten years is 3.95. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), SLMBP's Current Ratio was at its highest in in the June 2021 quarter at 30.95. The Current Ratio was at its lowest in in the September 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

3.95

Median

0.19

Minimum

0.00

Maximum

26.14

SLM Corporation (SLMBP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of SLM Corporation 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 = 19.70%

Maximum Annual Current Ratio = 26.14

Minimum Annual Increase = -99.98%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.18-6.30%
20220.19-23.11%
20210.252.10%
20200.25-99.06%
201926.1419.70%
20180.131.98%
20170.0165.78%
20160.0071.72%
20150.00-99.98%
201412.325.73%

SLM Corporation (SLMBP) Average Current Ratio

How has SLMBP Current Ratio performed in the past?

The current Current Ratio of SLM Corporation (SLMBP) 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

0.21

5-year avg

5.40

10-year avg

3.95

SLM Corporation (SLMBP) Current Ratio vs. Peers

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

SLM Corporation’s Current Ratio is less than Federal Agricultural Mortgage Corporation (4.75), less than American Seniors Association Holding Group, Inc. (0), less than Federal Agricultural Mortgage Corporation (0), less than Federal Agricultural Mortgage Corporation (4.75), less than Federal Agricultural Mortgage Corporation (4.75), less than Federal Agricultural Mortgage Corporation (4.75), less than Federal Agricultural Mortgage Corporation (4.75), less than FirstCash Holdings, Inc (4.75), less than Navient Corporation (4.03), less than ORIX Corporation (0.20), less than Federal Agricultural Mortgage Corporation (0), less than SLM Corporation (4.49), less than null (4.75), less than null (0),

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