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Hamilton Bancorp,Inc (NAS:HBK)
Cash to Debt Ratio
No Debt (As of Jun. 2014)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash and cash equivalents divide by its debt. Hamilton Bancorp,Inc's cash to debt ratio for the quarter that ended in Jun. 2014 was No Debt.

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, Hamilton Bancorp,Inc could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

HBK' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt

During the past 3 years, Hamilton Bancorp,Inc's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

HBK's Cash to Debtis ranked higher than
88% of the 1353 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. HBK: No Debt )

Definition

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Hamilton Bancorp,Inc's Cash to Debt Ratio for the fiscal year that ended in Mar. 2014 is calculated as:

Hamilton Bancorp,Inc had no debt.

Hamilton Bancorp,Inc's Cash to Debt Ratio for the quarter that ended in Jun. 2014 is calculated as:

Hamilton Bancorp,Inc had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash and Cash Equivalents


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Hamilton Bancorp,Inc Annual Data

Mar12Mar13Mar14
cash2debt 0.000.000.000.000.000.000.00No DebtNo DebtNo Debt

Hamilton Bancorp,Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
cash2debt No DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo Debt
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