Cass Information Systems (Cass Information Systems) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

Cass Information Systems Cash-to-Debt Chart

Cass Information Systems Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt		Get a 7-Day Free Trial					10.58	No Debt	No Debt	No Debt	No Debt

Cass Information Systems 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Cass Information Systems's Cash-to-Debt

For the Specialty Business Services subindustry, Cass Information Systems'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.

Cass Information Systems's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cass Information Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cass Information Systems's Cash-to-Debt falls into.

Cass Information Systems 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.

Cass Information Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cass Information Systems had no debt ⁽¹⁾.

Cass Information Systems's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cass Information Systems had no debt ⁽¹⁾.

* 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.

Cass Information Systems  (NAS:CASS) 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.

Cass Information Systems Cash-to-Debt Related Terms

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Cass Information Systems (Cass Information Systems) Business Description