Tompkins Financial (Tompkins Financial) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is Tompkins Financial 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. Tompkins Financial's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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, Tompkins Financial 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 Tompkins Financial's Cash-to-Debt or its related term are showing as below:

TMP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.14 Max: 1.4
Current: 0.13

During the past 13 years, Tompkins Financial's highest Cash to Debt Ratio was 1.40. The lowest was 0.07. And the median was 0.14.

TMP's Cash-to-Debt is ranked worse than
91.59% of 1439 companies
in the Banks industry
Industry Median: 1.25 vs TMP: 0.13

Tompkins Financial Cash-to-Debt Historical Data

The historical data trend for Tompkins Financial'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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Tompkins Financial Cash-to-Debt Chart

Tompkins Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.20

1.40

0.51

0.27

0.13

Tompkins Financial 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															0.27	0.22	0.21	0.47	0.13

Competitive Comparison of Tompkins Financial's Cash-to-Debt

For the Banks - Regional subindustry, Tompkins Financial'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.

Tompkins Financial's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Tompkins Financial's Cash-to-Debt falls into.

Tompkins Financial 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.

Tompkins Financial'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)
	=	79.542	/	(477.1	+	125)
	=	0.13

Tompkins Financial'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)
	=	79.542	/	(477.1	+	125)
	=	0.13

Tompkins Financial (AMEX:TMP) 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.

Tompkins Financial Cash-to-Debt Related Terms

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

Tompkins Financial (Tompkins Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tompkins Financial Corp (AMEX:TMP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8J0:Germany

Address

118 East Seneca Street, P.O Box 460, Ithaca, NY, USA, 14851

Website

https://www.tompkinsfinancial.com

Tompkins Financial Corp is a Financial Holding Company. It has three business segments, consisting of banking, insurance and wealth management. It offers various products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance. Insurance is comprised of property and casualty insurance services and employee benefit consulting. Wealth management activities include the results of the company's trust, financial planning, and wealth management services.

Executives

Charles J Guarino	officer: SVP Chief Bank Operations Off.	220 LIBERTY STREET, WARSAW NY 14569
David Kershaw	officer: SVP, PAO	PO BOX 460, ITHACA NY 14851
Matthew D Tomazin	officer: EVP, CFO & Treasurer	PO BOX 460, ITHACA NY 14851
Johanna B Anderson	officer: Officer: EVP, Pres., TCB CNY	PO BOX 460, ITHACA NY 14851
Alfred J Weber	director	5 FOXGLOVE LANE, READING PA 19606
John D Mcclurg	director	PO BOX 460, ITHACA NY 14851
Nancy E. Catarisano	director	27 FAIRPORT DRIVE, FAIRPORT NY 14450
Angela B Lee	director	PO BOX 460, ITHACA NY 14851
Diane D Torcello	officer: EVP & President, Tompkins WNY	PO BOX 460, ITHACA NY 14851
Gregory J Hartz	officer: Executive Vice Pres.	C/O TOMPKINS TRUSTCO, INC., P.O. BOX 460, ITHACA NY 14851
Francis M Fetsko	officer: EVP, CFO, Treasurer	C/O TOMKINS TRUSTCO, INC., PO BOX #460, ITHACA NY 14851
Ita M Rahily	director	P.O. BOX 460, ITHACA NY 14851
Ginger G Kunkel	officer: President TCB Pennsylvania	389 COAL MOUNTAIN ROAD, ORWIGSBURG PA 17961
Scott L Gruber	officer: EVP, Pres & CEO, VIST Bank	1240 BROADCASTING RD., WYOMISSING PA 19610
John M Mckenna	officer: EVP, Tompkins Bank of Castile	P.O. BOX 460, ITHACA NY 14851