Mid-Southern Bancorp (Mid-Southern Bancorp) Cash-to-Debt : 0.21 (As of Jun. 2023)

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What is Mid-Southern Bancorp 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. Mid-Southern Bancorp's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.21.

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, Mid-Southern Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Mid-Southern Bancorp's Cash-to-Debt or its related term are showing as below:

MSVB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 1.87 Max: No Debt
Current: 0.21

During the past 10 years, Mid-Southern Bancorp's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 1.87.

MSVB's Cash-to-Debt is ranked worse than
86.92% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs MSVB: 0.21

Mid-Southern Bancorp Cash-to-Debt Historical Data

The historical data trend for Mid-Southern Bancorp'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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Mid-Southern Bancorp Cash-to-Debt Chart

Mid-Southern Bancorp Annual Data

Trend

Sep02

Dec03

Dec04

Dec05

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

1.88

0.88

1.64

0.20

Mid-Southern Bancorp Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.13	0.20	0.18	0.21

Competitive Comparison of Mid-Southern Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Mid-Southern Bancorp'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.

Mid-Southern Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Mid-Southern Bancorp's Cash-to-Debt falls into.

Mid-Southern Bancorp 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.

Mid-Southern Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	5.684	/	(0	+	29)
	=	0.20

Mid-Southern Bancorp's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	5.868	/	(0	+	28.2)
	=	0.21

Mid-Southern Bancorp (OTCPK:MSVB) 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.

Mid-Southern Bancorp Cash-to-Debt Related Terms

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

Mid-Southern Bancorp (Mid-Southern Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mid-Southern Bancorp Inc (OTCPK:MSVB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 North Water Street, Salem, IN, USA, 47167

Website

https://www.mid-southern.com

Mid-Southern Bancorp Inc is a United States-based savings and loan holding company of Mid-Southern Savings Bank. It is engaged in providing a variety of banking services to individuals and business customers. The bank offers personal banking and business banking services. Its services portfolio comprises checking, savings, card services, and loan products. It also offers online and mobile banking facilities. The company derives revenue from interest on loans and, to a lesser extent, interest on investment securities and mortgage-backed securities.

Executives

Eric A. Koch	director	300 N. WATER STREET, SALEM IN 47167
James O. King	officer: EVP and Senior Loan Officer	300 N. WATER ST., SALEM IN 47167
Robert W. Derossett	officer: Chief Financial Officer	300 NORTH WATER STREET, SALEM IN 47167
Alexander G. Babey	director, officer: President and CEO	300 NORTH WATER STREET, SALEM IN 47167
Charles W. Lamb	director	300 NORTH WATER STREET, SALEM IN 47167
Erica B. Schmidt	officer: Executive VP and CFO	300 NORTH WATER STREET, SALEM IN 47167
Trent L. Fisher	director	300 NORTH WATER STREET, SALEM IN 47167
Frank M. Benson	officer: Executive VP, SLO	300 NORTH WATER STREET, SALEM IN 47167
Larry R. Bailey	director	300 NORTH WATER STREET, SALEM IN 47167
Brent A. Rosenbaum	director	300 NORTH WATER STREET, SALEM IN 47167
Dana J. Dunbar	director, other: Chairman of the Board	300 NORTH WATER STREET, SALEM IN 47167
Kermit A. Lamb	director	300 NORTH WATER STREET, SALEM IN 47167
Paul G. Allemeier	director	300 NORTH WATER STREET, SALEM IN 47167