State Bank of India (State Bank of India) Cash-to-Debt : 0.48 (As of Dec. 2023)

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What is State Bank of India 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. State Bank of India's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.48.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, State Bank of India couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SBKFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 0.7 Max: 1.3
Current: 0.48

During the past 13 years, State Bank of India's highest Cash to Debt Ratio was 1.30. The lowest was 0.48. And the median was 0.70.

SBKFF's Cash-to-Debt is ranked worse than
74.72% of 1424 companies
in the Banks industry
Industry Median: 1.295 vs SBKFF: 0.48

State Bank of India Cash-to-Debt Historical Data

The historical data trend for State Bank of India'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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State Bank of India Cash-to-Debt Chart

State Bank of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.07

1.29

1.25

1.30

1.03

State Bank of India 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															0.50	1.03	0.67	0.66	0.48

Competitive Comparison of State Bank of India's Cash-to-Debt

For the Banks - Regional subindustry, State Bank of India'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.

State Bank of India's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where State Bank of India's Cash-to-Debt falls into.

State Bank of India 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.

State Bank of India's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	65263.881	/	(0	+	63463.576)
	=	1.03

State Bank of India'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)
	=	33854.591	/	(0	+	70958.637)
	=	0.48

State Bank of India (OTCPK:SBKFF) 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.

State Bank of India Cash-to-Debt Related Terms

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State Bank of India (State Bank of India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » State Bank of India (OTCPK:SBKFF) » Definitions » Cash-to-Debt

Traded in Other Exchanges

SBIN:India 500112:India SBIDl:UK SBID:UK SID:Germany

Address

Madam Cama Road, State Bank Bhavan, 14th Floor, Corporate Centre, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.sbi.co.in

State Bank of India is a bank in India. The bank's business segments include Treasury; Corporate/Wholesale Banking; Retail Banking and Other Banking businesses. The bank generates maximum revenue from the Retail Banking segment. The Retail Banking Segment comprises retail branches, which primarily include Personal Banking activities including lending activities to corporate customers having banking relations with these branches. This segment also includes the agency business and ATMs. Geographically, it derives a majority of its revenue from India.

State Bank of India (State Bank of India) Headlines

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