Highlands Bankshares (WV) (Highlands Bankshares (WV)) Cash-to-Debt : 1.52 (As of Dec. 2018)

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What is Highlands Bankshares (WV) 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. Highlands Bankshares (WV)'s cash to debt ratio for the quarter that ended in Dec. 2018 was 1.52.

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, Highlands Bankshares (WV) could pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

The historical rank and industry rank for Highlands Bankshares (WV)'s Cash-to-Debt or its related term are showing as below:

HBSI's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.26
* Ranked among companies with meaningful Cash-to-Debt only.

Highlands Bankshares (WV) Cash-to-Debt Historical Data

The historical data trend for Highlands Bankshares (WV)'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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Highlands Bankshares (WV) Cash-to-Debt Chart

Highlands Bankshares (WV) Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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4.47

2.12

1.95

2.63

1.52

Highlands Bankshares (WV) Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Cash-to-Debt	Get a 7-Day Free Trial															4.47	2.12	1.95	2.63	1.52

Competitive Comparison of Highlands Bankshares (WV)'s Cash-to-Debt

For the Banks - Regional subindustry, Highlands Bankshares (WV)'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.

Highlands Bankshares (WV)'s Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Highlands Bankshares (WV)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Highlands Bankshares (WV)'s Cash-to-Debt falls into.

Highlands Bankshares (WV) 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.

Highlands Bankshares (WV)'s Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	15.982	/	(0	+	10.492)
	=	1.52

Highlands Bankshares (WV)'s Cash to Debt Ratio for the quarter that ended in Dec. 2018 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)
	=	15.982	/	(0	+	10.492)
	=	1.52

Highlands Bankshares (WV) (OTCPK:HBSI) 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.

Highlands Bankshares (WV) Cash-to-Debt Related Terms

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

Highlands Bankshares (WV) (Highlands Bankshares (WV)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Highlands Bankshares Inc (WV) (OTCPK:HBSI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 North Main Street, P.O. Box 929, Petersburg, WV, USA, 26847

Website

https://www.highlandsbankshares.com

Highlands Bankshares Inc (WV) operates as a holding company, which engages in the provision of financial and banking services through its subsidiaries. It offers a variety of services, including commercial and individual demand and time deposit accounts, commercial and individual loans, drive-in banking services, and automatic teller machine banking. The banks provide services to customers located mainly in Grant, Hardy, Hampshire, Mineral, Pendleton, Randolph, and Tucker counties of West Virginia, including the towns of Petersburg, Keyser, Moorefield, Davis, and Wardensville.

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