Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Cash-to-Debt : 0.94 (As of Dec. 2023)

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What is Union Bancaire Pour Le Commerce Et I` Industrie Bourse 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. Union Bancaire Pour Le Commerce Et I` Industrie Bourse's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.94.

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, Union Bancaire Pour Le Commerce Et I` Industrie Bourse 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 Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Cash-to-Debt or its related term are showing as below:

XTUN:UBCI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.94 Med: 2.02 Max: 4.6
Current: 0.94

During the past 4 years, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's highest Cash to Debt Ratio was 4.60. The lowest was 0.94. And the median was 2.02.

XTUN:UBCI's Cash-to-Debt is ranked worse than
58.84% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs XTUN:UBCI: 0.94

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Cash-to-Debt Historical Data

The historical data trend for Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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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Union Bancaire Pour Le Commerce Et I` Industrie Bourse Cash-to-Debt Chart

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

2.21

4.60

1.82

0.94

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			4.60	1.65	1.82	1.11	0.94

Competitive Comparison of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Cash-to-Debt

For the Banks - Regional subindustry, Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Cash-to-Debt falls into.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse 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.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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)
	=	722.888	/	(0	+	767.508)
	=	0.94

Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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)
	=	722.888	/	(0	+	767.508)
	=	0.94

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) 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.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

139 Liberty Avenue, Belvedere, Tunis, TUN, 1002

Website

http://www.ubci.tn

Union Bancaire Pour Le Commerce Et I` Industrie Bourse engages in the provision of banking and financial services. It offers private, corporate, and institutional banking solutions; cash management; investment banking; international trade; and financial engineering and services such as credit cards and insurances.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Headlines

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