Colony Bankcorp (Colony Bankcorp) Cash-to-Debt : 0.11 (As of Dec. 2023)

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What is Colony Bankcorp 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. Colony Bankcorp's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.11.

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

CBAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.25 Max: 1.07
Current: 0.11

During the past 13 years, Colony Bankcorp's highest Cash to Debt Ratio was 1.07. The lowest was 0.10. And the median was 0.25.

CBAN's Cash-to-Debt is ranked worse than
93.05% of 1438 companies
in the Banks industry
Industry Median: 1.27 vs CBAN: 0.11

Colony Bankcorp Cash-to-Debt Historical Data

The historical data trend for Colony Bankcorp'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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Colony Bankcorp Cash-to-Debt Chart

Colony Bankcorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

0.29

0.22

0.10

0.11

Colony Bankcorp 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															0.11	0.12	0.09	0.11	0.43

Competitive Comparison of Colony Bankcorp's Cash-to-Debt

For the Banks - Regional subindustry, Colony Bankcorp'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.

Colony Bankcorp's Cash-to-Debt Distribution in the Banks Industry

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

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

Colony Bankcorp 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.

Colony Bankcorp'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)
	=	25.339	/	(0	+	238.445)
	=	0.11

Colony Bankcorp'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)
	=	25.339	/	(0	+	238.445)
	=	0.11

Colony Bankcorp (NAS:CBAN) 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.

Colony Bankcorp Cash-to-Debt Related Terms

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Colony Bankcorp (Colony Bankcorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Colony Bankcorp Inc (NAS:CBAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 South Grant Street, Fitzgerald, GA, USA, 31750

Website

http://www.colonybank.com

Colony Bankcorp Inc is a bank holding company. The bank provides a broad range of banking services to its retail and commercial customers. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans, agri-business and production loans, residential mortgage loans, consumer loans, and a variety of demand, savings, and time deposit products. The company's segments include banking, mortgage banking, and small business specialty lending division. It generates maximum revenue from the banking segment.

Executives

Harold Wyatt	director	115 S GRANT STREET, P. O. BOX 989, FITZGERALD GA 31750
Matthew D. Reed	director	115 S. GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Lee Bagwell	officer: Executive VP	1000 LEE AVENUE, DOUGLAS GA 31533
Bateman Leonard H Jr	officer: EVP & Chief Credit Officer	101 CALUMET CENTER ROAD, LAGRANGE GA 30241
Audrey Hollingsworth	director	115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Scott Lowell Downing	director	238 NEWCOMER TRAIL, FITZGERALD GA 31750
Kimberly C. Dockery	officer: Exec. Chief Admin Officer	P.O. BOX 920, LEESBURG GA 31763
T Heath Fountain	director, officer: President and CEO	C/O COLONY BANKCORP, INC., 115 S. GRANT ST. P.O. BOX 989, FITZGERALD GA 31750
Copeland R Dallis Jr	officer: President	115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Hoyle M. Edward Jr.	officer: Chief Banking Officer, EVP	115 SOUTH GRANT STREET, FITZGERALD GA 31750
David Andrew Borrmann	officer: EVP	P.O. BOX 17465, GREENVILLE SC 29606
Meagan M. Mowry	director	115 S GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Brian D Schmitt	director, other: Executive Vice Chairman	115 S GRANT STREET, FITZGERALD GA 31750
M Frederick Dwozan	director	718 MEDICAL CENTER DRIVE, EASTMAN GA 31023-6736
Loomis Edward Percy Jr	director	115 S GRANT STREET, FITZGERALD GA 31750