Pathward Financial (Pathward Financial) Cash-to-Debt : 19.98 (As of Dec. 2023)

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What is Pathward 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. Pathward Financial's cash to debt ratio for the quarter that ended in Dec. 2023 was 19.98.

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, Pathward Financial could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CASH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 1.87 Max: 39.06
Current: 5.4

During the past 13 years, Pathward Financial's highest Cash to Debt Ratio was 39.06. The lowest was 0.05. And the median was 1.87.

CASH's Cash-to-Debt is ranked better than
81.56% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs CASH: 5.40

Pathward Financial Cash-to-Debt Historical Data

The historical data trend for Pathward 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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Pathward Financial Cash-to-Debt Chart

Pathward Financial Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.15

4.35

3.38

10.77

8.01

Pathward Financial 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															5.58	1.95	8.01	19.98	5.40

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

For the Banks - Regional subindustry, Pathward 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.

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

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

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

Pathward 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.

Pathward Financial's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	375.58	/	(13	+	33.873)
	=	8.01

Pathward 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)
	=	671.63	/	(0	+	33.614)
	=	19.98

Pathward Financial (NAS:CASH) 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.

Pathward Financial Cash-to-Debt Related Terms

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

Pathward Financial (Pathward Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pathward Financial Inc (NAS:CASH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FM7:Germany

Address

5501 South Broadband Lane, Sioux Falls, SD, USA, 57108

Website

https://www.pathwardfinancial.com

Pathward Financial Inc is a unitary savings and loan holding company. It's a wholly-owned full-service banking subsidiary of Meta Financial, is both a community-oriented financial institution offering a variety of financial services to meet the needs of the communities it serves, and a payments company providing services on a nationwide basis. It operates through three reportable segments: Consumer, Commercial and Corporate Services/Other. The majority of the revenue is generated from Consumer segment.

Executives

Glen William Herrick	officer: EVP, CFO & Secretary	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Greg Sigrist	officer: EVP, CFO-Designee	1301 A STREET, TACOMA WA 98402
Christopher Perretta	director	C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Sonja Anne Theisen	officer: Chief Accounting Officer	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Elizabeth G. Hoople	director	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Charles C. Ingram	officer: EVP, Chief Information Officer	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57018
Frederick V Moore	director	1700 SHOREWAY ROAD, STORM LAKE IA 50588
Douglas J. Hajek	director	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Brett L. Pharr	officer: EVP & Group Head of Governance	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Michael Robert Kramer	director	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Anthony M. Sharett	officer: EVP, Gen. Counsel & Corp. Sec.	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Nadia Dombrowski	officer: Chief Legal Officer	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS VA 57108
Kia S. Tang	officer: EVP, Chief Ppl and Incl Ofcr	C/O META FINANCIAL GROUP, INC., 5501 SOUTH BROADBAND LANE, SIOUX FALLS SD 57108
Lizabeth H Zlatkus	director	ONE HARTFORD PLAZA, HARTFORD CT 06155
Ronald D Mccray	director