AIB Group (AIB Group) Cash-to-Debt : 3.42 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is AIB Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. AIB Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.42.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, AIB Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for AIB Group's Cash-to-Debt or its related term are showing as below:

AIBRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.51 Med: 1.32 Max: 5.5
Current: 3.42

During the past 13 years, AIB Group's highest Cash to Debt Ratio was 5.50. The lowest was 0.51. And the median was 1.32.

AIBRF's Cash-to-Debt is ranked better than
74.88% of 1425 companies
in the Banks industry
Industry Median: 1.29 vs AIBRF: 3.42

AIB Group Cash-to-Debt Historical Data

The historical data trend for AIB Group's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

AIB Group Cash-to-Debt Chart

AIB Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.41

3.42

5.50

4.24

3.42

AIB Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.50	5.12	4.24	4.32	3.42

Competitive Comparison of AIB Group's Cash-to-Debt

For the Banks - Regional subindustry, AIB Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AIB Group's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, AIB Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where AIB Group's Cash-to-Debt falls into.

AIB Group Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

AIB Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	41877.863	/	(0	+	12233.37)
	=	3.42

AIB Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	41877.863	/	(0	+	12233.37)
	=	3.42

AIB Group (OTCPK:AIBRF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

AIB Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of AIB Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

AIB Group (AIB Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AIB Group PLC (OTCPK:AIBRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AIBGY:USA A5G:Ireland A5Gi:UK AIBG:UK A5G:Germany

Address

10 Molesworth Street, Dublin 2, IRL

Website

https://www.aib.ie

AIB Group PLC is a banking services company. The company's operating segments are Retail Banking; Capital Markets; AIB UK and Group. It generates maximum revenue from the Retail Banking segment. Retail Banking segment comprises Homes and Consumer, SME and Financial Solutions Group (FSG) in a single integrated segment, focused on meeting the current, emerging and future needs of personal and SME customers. Geographically, it derives a majority of revenue from Ireland and also has a presence in the United Kingdom and the Rest of the World.

AIB Group (AIB Group) Headlines

From GuruFocus

Charles de Vaulx's Top Picks for the IVA International Fund

By Sydnee Gatewood Sydnee Gatewood • 03-09-2018

Charles de Vaulx's IVA Worldwide Fund Discloses Top 4 Buys of 4th Quarter

By James Li James Li • 02-28-2018