Switch to:
Home Federal Bancorp Inc (NAS:HOME)
Cash to Debt Ratio
No Debt (As of Mar. 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. Home Federal Bancorp Inc's cash to debt ratio for the quarter that ended in Mar. 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, Home Federal Bancorp Inc could pay off its debt using the cash in hand for the quarter that ended in Mar. 2014.

HOME' s 10-Year Cash to Debt Range
Min: 0.06   Max: No Debt
Current: No Debt

During the past 13 years, Home Federal Bancorp Inc's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.63.

HOME's Cash to Debtis ranked higher than
99% of the 1353 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.20 vs. HOME: 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.

Home Federal Bancorp Inc's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Home Federal Bancorp Inc had no debt.

Home Federal Bancorp Inc's Cash to Debt Ratio for the quarter that ended in Mar. 2014 is calculated as:

Home Federal 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.

Home Federal Bancorp Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Dec12Dec13
cash2debt 1.760.110.090.110.200.586.1638.9924.20No Debt

Home Federal Bancorp Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
cash2debt 29.3730.0517.5418.1224.20No DebtNo DebtNo DebtNo DebtNo Debt
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK