Republic Bank (Ghana) (XGHA:RBGH) Cash-to-Debt : 3.69 (As of Mar. 2024)

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What is Republic Bank (Ghana) 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. Republic Bank (Ghana)'s cash to debt ratio for the quarter that ended in Mar. 2024 was 3.69.

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, Republic Bank (Ghana) could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Republic Bank (Ghana)'s Cash-to-Debt or its related term are showing as below:

XGHA:RBGH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.73 Med: 8.25 Max: No Debt
Current: 3.69

During the past 13 years, Republic Bank (Ghana)'s highest Cash to Debt Ratio was No Debt. The lowest was 0.73. And the median was 8.25.

XGHA:RBGH's Cash-to-Debt is ranked better than
76.62% of 1424 companies
in the Banks industry
Industry Median: 1.285 vs XGHA:RBGH: 3.69

Republic Bank (Ghana) Cash-to-Debt Historical Data

The historical data trend for Republic Bank (Ghana)'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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Republic Bank (Ghana) Cash-to-Debt Chart

Republic Bank (Ghana) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

8.60

4.65

4.41

10.37

36.52

Republic Bank (Ghana) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	No Debt	No Debt	36.52	3.69

Competitive Comparison of Republic Bank (Ghana)'s Cash-to-Debt

For the Banks - Regional subindustry, Republic Bank (Ghana)'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.

Republic Bank (Ghana)'s Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Republic Bank (Ghana)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Republic Bank (Ghana)'s Cash-to-Debt falls into.

Republic Bank (Ghana) 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.

Republic Bank (Ghana)'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)
	=	2985.579	/	(0	+	81.748)
	=	36.52

Republic Bank (Ghana)'s Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	3402.878	/	(0	+	921.645)
	=	3.69

Republic Bank (Ghana) (XGHA:RBGH) 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.

Republic Bank (Ghana) Cash-to-Debt Related Terms

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

Republic Bank (Ghana) (XGHA:RBGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Republic Bank (Ghana) PLC (XGHA:RBGH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Sixth Avenue, North Ridge, P. O. Box CT 4603, Cantonments, Accra, GHA, 4603

Website

https://www.republicghana.com

Republic Bank (Ghana) PLC is engaged in investment banking, corporate banking, retail banking, mortgage banking, asset management services, and property management and development. Its segments are Retail or Consumer Banking, Corporate Banking, Microfinance, and Mortgage Banking where consumer banking involves private banking services, private customer current accounts, deposits, investment savings products, custody, credit, and consumer loans; mortgage banking involves mortgage services; corporate banking provides direct debit facilities, current accounts, overdrafts, loans, and foreign currency; and microfinance banking incorporates savings account, loan and other credit facilities.

Republic Bank (Ghana) (XGHA:RBGH) Headlines

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