Investors Title Co (Investors Title Co) Cash-to-Debt : 3.73 (As of Dec. 2023)

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What is Investors Title Co 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. Investors Title Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.73.

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, Investors Title Co 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 Investors Title Co's Cash-to-Debt or its related term are showing as below:

ITIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.73 Med: 5003.49 Max: No Debt
Current: 3.73

During the past 13 years, Investors Title Co's highest Cash to Debt Ratio was No Debt. The lowest was 3.73. And the median was 5003.49.

ITIC's Cash-to-Debt is ranked better than
60.08% of 481 companies
in the Insurance industry
Industry Median: 1.84 vs ITIC: 3.73

Investors Title Co Cash-to-Debt Historical Data

The historical data trend for Investors Title Co'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.

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Investors Title Co Cash-to-Debt Chart

Investors Title Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

5.76

3.74

6.98

5.16

3.73

Investors Title Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.16	4.33	3.72	4.58	3.73

Competitive Comparison of Investors Title Co's Cash-to-Debt

For the Insurance - Specialty subindustry, Investors Title Co'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.

Investors Title Co's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Investors Title Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Investors Title Co's Cash-to-Debt falls into.

Investors Title Co 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.

Investors Title Co'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)
	=	24.031	/	(0	+	6.449)
	=	3.73

Investors Title Co'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)
	=	24.031	/	(0	+	6.449)
	=	3.73

Investors Title Co (NAS:ITIC) 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.

Investors Title Co Cash-to-Debt Related Terms

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Investors Title Co (Investors Title Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Investors Title Co (NAS:ITIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 North Columbia Street, Chapel Hill, NC, USA, 27514

Website

https://www.invtitle.com

Investors Title Co along with its subsidiaries is engaged in the issuance of residential and commercial title insurance through ITIC and NITIC. It also provides tax-deferred real property exchange services, investment management, and trust services, and management services to title insurance agencies. The company generates its revenue from interest and dividends.

Executives

James E Scott	director	121 NORTH COLUMBIA STREET, CHAPEL HILL NC 27514
Parker, Jr. Elton C.	director	121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Tammy Coley	director	121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Fine James A Jr	director, officer: President, Treasurer
Markel Gayner Asset Management Corp	10 percent owner	4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Timothy B Murphy	officer: Chief Executive Officer	230 BROADWAY, LYNNFIELD MA 01940
Markel Corp	10 percent owner	4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Markel American Insurance Co	10 percent owner	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Essex Insurance Co	10 percent owner
Evanston Insurance Co	10 percent owner
R Horace Johnson	director	3317 LANDOR ROAD, RALEIGH NC 27609
Speed James H. Jr.	director	11032 BRASS KETTLE ROAD, RALEIGH NC 27614
Hutson Richard M Ii	director	PO BOX 2687, CHAPEL HILL NC 27515
W Morris Fine	director, officer: Executive Vice President
J Allen Fine	director, 10 percent owner, officer: Chief Executive Officer	121 NORTH COLUMBIA ST, INVESTORS TITLE CO, CHAPEL HILL NC 97514