North Dallas Bank & Trust Co (North Dallas Bank & Trust Co) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2006)

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What is North Dallas Bank & Trust 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. North Dallas Bank & Trust Co's cash to debt ratio for the quarter that ended in Dec. 2006 was No Debt ⁽¹⁾.

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, North Dallas Bank & Trust Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2006.

(1) 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.

The historical rank and industry rank for North Dallas Bank & Trust Co's Cash-to-Debt or its related term are showing as below:

NODB's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.29
* Ranked among companies with meaningful Cash-to-Debt only.

North Dallas Bank & Trust Co Cash-to-Debt Historical Data

The historical data trend for North Dallas Bank & Trust 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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North Dallas Bank & Trust Co Cash-to-Debt Chart

North Dallas Bank & Trust Co Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Cash-to-Debt

No Debt

North Dallas Bank & Trust Co Semi-Annual Data
	Dec03	Dec04	Dec05	Dec06
Cash-to-Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of North Dallas Bank & Trust Co's Cash-to-Debt

For the Banks - Regional subindustry, North Dallas Bank & Trust 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.

North Dallas Bank & Trust Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, North Dallas Bank & Trust Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where North Dallas Bank & Trust Co's Cash-to-Debt falls into.

North Dallas Bank & Trust 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.

North Dallas Bank & Trust Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2006 is calculated as:

North Dallas Bank & Trust Co had no debt ⁽¹⁾.

North Dallas Bank & Trust Co's Cash to Debt Ratio for the quarter that ended in Dec. 2006 is calculated as:

North Dallas Bank & Trust Co had no debt ⁽¹⁾.

North Dallas Bank & Trust Co (OTCPK:NODB) 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.

North Dallas Bank & Trust Co Cash-to-Debt Related Terms

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North Dallas Bank & Trust Co (North Dallas Bank & Trust Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » North Dallas Bank & Trust Co (OTCPK:NODB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

12900 Preston Road, Dallas, TX, USA, 75230-1329

Website

https://www.ndbt.com

North Dallas Bank & Trust Co operates in the banking industry. The bank performs general banking functions like the savings account, granting loans, debit and credit card facility, mortgage loans, online banking, investment management, retirement services, and financial planning.