The Chiba Bank (The Chiba Bank) Cash-to-Debt : 1.55 (As of Dec. 2023)

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What is The Chiba Bank 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. The Chiba Bank's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.55.

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, The Chiba Bank 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 The Chiba Bank's Cash-to-Debt or its related term are showing as below:

CHBAY' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.53 Med: 2.05 Max: 4.11
Current: 1.55

During the past 13 years, The Chiba Bank's highest Cash to Debt Ratio was 4.11. The lowest was 1.53. And the median was 2.05.

CHBAY's Cash-to-Debt is ranked better than
55.74% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs CHBAY: 1.55

The Chiba Bank Cash-to-Debt Historical Data

The historical data trend for The Chiba Bank'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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The Chiba Bank Cash-to-Debt Chart

The Chiba Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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3.12

2.24

2.07

1.97

1.90

The Chiba Bank 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															1.84	1.90	1.91	1.56	1.55

Competitive Comparison of The Chiba Bank's Cash-to-Debt

For the Banks - Regional subindustry, The Chiba Bank'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.

The Chiba Bank's Cash-to-Debt Distribution in the Banks Industry

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

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

The Chiba Bank 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.

The Chiba Bank's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	30418.369	/	(0	+	16018.817)
	=	1.90

The Chiba Bank'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)
	=	28301.629	/	(0	+	18279.605)
	=	1.55

The Chiba Bank (OTCPK:CHBAY) 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.

The Chiba Bank Cash-to-Debt Related Terms

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The Chiba Bank (The Chiba Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Chiba Bank Ltd (OTCPK:CHBAY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CHBAF:USA 8331:Japan

Address

1-2 Chiba-Minato, Chuo-ku, Chiba-shi, Chiba, JPN, 260-8720

Website

http://www.chibabank.co.jp

The Chiba Bank Ltd provides banking products and services in Japan. The bank accommodates the financial needs of individual customers in addition to regional small, medium size companies. The company generates revenue by offering corporate banking, retail banking, asset management consulting, and trust and inheritance-related business. Additionally, it investigates and researches advanced financial technologies to plan and develop the future of financial services. They have focused on using databases and online/mobile banking to strengthen their marketing. The bank primarily operates in Chiba Prefecture; however, it also has branches in New York, Hong Kong, and London and representative offices in Shanghai, Singapore, and Bangkok.

The Chiba Bank (The Chiba Bank) Headlines

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