Enterprise Financial Services (Enterprise Financial Services) Cash-to-Debt : 0.78 (As of Mar. 2024)

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What is Enterprise Financial Services 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. Enterprise Financial Services's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.78.

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, Enterprise Financial Services couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

EFSC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.53 Max: 8.9
Current: 0.78

During the past 13 years, Enterprise Financial Services's highest Cash to Debt Ratio was 8.90. The lowest was 0.22. And the median was 0.53.

EFSC's Cash-to-Debt is ranked worse than
64.17% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs EFSC: 0.78

Enterprise Financial Services Cash-to-Debt Historical Data

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

Enterprise Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.42

1.92

8.90

0.96

2.13

Enterprise Financial Services 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															0.62	0.65	1.10	2.13	0.78

Competitive Comparison of Enterprise Financial Services's Cash-to-Debt

For the Banks - Regional subindustry, Enterprise Financial Services'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.

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

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

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

Enterprise Financial Services 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.

Enterprise Financial Services'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)
	=	434.005	/	(0	+	203.616)
	=	2.13

Enterprise Financial Services's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	372.603	/	(0	+	476.37)
	=	0.78

Enterprise Financial Services (NAS:EFSC) 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.

Enterprise Financial Services Cash-to-Debt Related Terms

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

Enterprise Financial Services (Enterprise Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Enterprise Financial Services Corp (NAS:EFSC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 North Meramec Avenue, Clayton, MO, USA, 63105

Website

https://www.enterprisebank.com

Enterprise Financial Services Corporation is a financial holding company. It offers banking and wealth management services to individuals and business customers. The company offers a broad range of business and personal banking services including wealth management services. Lending services include commercial and industrial, commercial real estate, real estate construction and development, residential real estate, and consumer loans.

Executives

Richard Sanborn	director
Guest Robert E Jr	director	150 N MERAMEC, CLAYTON MO 63105
Stephen P Marsh	officer: President	150 N. MERAMEC, CLAYTON MI 63105
Bridget Huffman	officer: SEVP, Chief Risk Officer	150 N MERAMEC, CLAYTON MO 63105
Lina A Young	director	150 N MERAMEC, CLAYTON MO 63105
Marcela Manjarrez	director	150 N MERAMEC, CLAYTON MO 63105
Lyne Andrich	director	150 N MERAMEC, CLAYTON MO 63105
Daniel A Rodrigues	director	C/O ENGINEERED SUPPORT SYSTEMS INC, 201 EVANS LANE, ST LOUIS MO 63121
Peter Hui	director	17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703
Tony Scavuzzo	director	102 E. FRONT ST., MONROE MI 48161
Troy Dumlao	officer: SVP, Chief Accounting Officer	821 17TH STREET, C/O VOXWARE INC, DENVER CO 80229
S Turner Keene	officer: EVP, Chief Financial Officer	P O BOX 547, BOYERTOWN PA 19512
John S Eulich	director	411 FOUNTAIN LAKES BLVD., ST. CHARLES MO 63301
Scott Richard Goodman	officer: President, St. Louis Region	150 N. MERAMEC, ST. LOUIS MO 63105
James F. Deutsch	director	C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901