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Avangard Bank JSC (RTD:AVAN) Cash-to-Debt : 5.43 (As of Dec. 2020)


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What is Avangard Bank JSC 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. Avangard Bank JSC's cash to debt ratio for the quarter that ended in Dec. 2020 was 5.43.

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, Avangard Bank JSC could pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

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

RTD:AVAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.45   Med: 1.54   Max: 17.89
Current: 5.43

During the past 13 years, Avangard Bank JSC's highest Cash to Debt Ratio was 17.89. The lowest was 0.45. And the median was 1.54.

RTD:AVAN's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.29 vs RTD:AVAN: 5.43

Avangard Bank JSC Cash-to-Debt Historical Data

The historical data trend for Avangard Bank JSC'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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Avangard Bank JSC Cash-to-Debt Chart

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 12.40 17.89 4.99 5.43

Avangard Bank JSC Quarterly Data
Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.99 2.07 4.11 4.60 5.43

Competitive Comparison of Avangard Bank JSC's Cash-to-Debt

For the Banks - Regional subindustry, Avangard Bank JSC'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.


Avangard Bank JSC's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Avangard Bank JSC's Cash-to-Debt falls into.



Avangard Bank JSC 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.

Avangard Bank JSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Avangard Bank JSC's Cash to Debt Ratio for the quarter that ended in Dec. 2020 is calculated as:

* 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.


Avangard Bank JSC  (RTD:AVAN) 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.


Avangard Bank JSC Cash-to-Debt Related Terms

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


Avangard Bank JSC (RTD:AVAN) Business Description

Traded in Other Exchanges
N/A
Address
12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.