Century Bancorp (Century Bancorp) Cash-to-Debt : 0.63 (As of Sep. 2021)

View and export this data going back to 1987. Start your Free Trial

What is Century 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. Century Bancorp's cash to debt ratio for the quarter that ended in Sep. 2021 was 0.63.

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, Century Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

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

CNBKA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.28 Max: 124.25
Current: 0.63

During the past 13 years, Century Bancorp's highest Cash to Debt Ratio was 124.25. The lowest was 0.10. And the median was 0.28.

CNBKA's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.29 vs CNBKA: 0.63

Century Bancorp Cash-to-Debt Historical Data

The historical data trend for Century 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.

* Premium members only.

Century Bancorp Cash-to-Debt Chart

Century Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

Get a 7-Day Free Trial

0.19

0.20

0.38

0.11

0.64

Century Bancorp Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															0.54	0.64	0.62	0.65	0.63

Competitive Comparison of Century Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Century 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.

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

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

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

Century 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.

Century Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	136.735	/	(0	+	213.092)
	=	0.64

Century Bancorp's Cash to Debt Ratio for the quarter that ended in Sep. 2021 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)
	=	97.743	/	(0	+	154.869)
	=	0.63

Century Bancorp (NAS:CNBKA) 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.

Century Bancorp Cash-to-Debt Related Terms

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

Century Bancorp (Century Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Century Bancorp Inc (NAS:CNBKA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Mystic Avenue, Medford, MA, USA, 02155

Website

https://www.centurybank.com

Century Bancorp Inc is a commercial bank that provides a range of services to commercial enterprises, state and local governments and agencies, non-profit organizations and individuals. It makes commercial loans, real estate and construction loans and consumer loans, and accepts savings, time, and demand deposits. The bank also offers its corporate and institutional customers automated lockbox collection services, cash management services and account reconciliation services, and actively promotes the marketing of these services to the municipal market. Century Bancorp earns its revenue from interest income.

Executives

Barry R Sloane	director, officer: Chairman, CEO and President	5 SPINNAKER DRIVE, PO BOX 247, BARRINGTON RI 02806
James J Filler	10 percent owner	2964 SHOOK HILL PARKWAY, BIRMINGHAM AL 35223
Paul A Evangelista	officer: Executive Vice President	CENTURY BANK & TRUST CO 400 MYSTIC AVE MEDFORD MA 02155
Linda Sloane Kay	director, officer: Vice Chair	400 MYSTIC AVENUE MEDFORD MA 02155
Stephen R Delinsky	director	400 MYSTIC AVENUE MEDFORD MA 02155
Brian J. Feeney	officer: Executive Vice President	400 MYSTIC AVENUE MEDFORD MA 02155
William P Hornby	officer: CFO and Treasurer	400 MYSTIC AVENUE MEDFORD MA 02155
Louis J Grossman	director	400 MYSTIC AVENUR MEDFORD MA 02155
Joseph J Senna	director
Sloane Family Enterprises, Limited Partnership	10 percent owner	400 MYSTIC AVE MEDFORD MA 02155
Jo Ann Simons	director	400 MYSTIC AVENUE MEDFORD MA 02155
Jackie Jenkins-scott	director	400 MYSTIC AVENUE MEDFORD MA 02155
George F Swansburg	director
Joseph P Mercurio	director	BOSTON UNVIERSITY 25 BUICK STREET BOSTON MA 02215
Fraser Lemley	director