First Business Financial Services (First Business Financial Services) Cash-to-Debt

: 0.41 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

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. First Business Financial Services's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.41.

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, First Business Financial Services couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for First Business Financial Services's Cash-to-Debt or its related term are showing as below:

FBIZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.26 Max: 2.54
Current: 0.41

During the past 13 years, First Business Financial Services's highest Cash to Debt Ratio was 2.54. The lowest was 0.13. And the median was 0.26.

FBIZ's Cash-to-Debt is ranked worse than
75.81% of 1447 companies
in the Banks industry
Industry Median: 1.23 vs FBIZ: 0.41

First Business Financial Services Cash-to-Debt Historical Data

The historical data trend for First Business Financial Services'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.

First Business Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.20

0.13

0.14

0.22

0.41

First Business Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.22	0.53	0.30	0.36	0.41

Competitive Comparison

For the Banks - Regional subindustry, First Business Financial Services'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.

First Business Financial Services Cash-to-Debt Distribution

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

* The bar in red indicates where First Business Financial Services's Cash-to-Debt falls into.

First Business Financial Services 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.

First Business Financial Services's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	139.51	/	(0	+	339.87)
	=	0.41

First Business Financial Services's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	139.51	/	(0	+	339.87)
	=	0.41

First Business Financial Services (NAS:FBIZ) 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.

First Business Financial Services Cash-to-Debt Related Terms

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

First Business Financial Services (First Business Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Business Financial Services Inc (NAS:FBIZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Charmany Drive, Madison, WI, USA, 53719

Website

http://www.firstbusiness.bank

First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, focusing on delivering a full line of commercial banking products including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically all the business activity functioned through the region of the United States.

Executives

Carol P Sanders	director	PO BOX 2568, MADISON WI 53701-2568
Jodi A Chandler	officer: SVP Hum. Res. & Administration	401 CHARMANY DRIVE, MADISON WI 53719
Gerald L Kilcoyne	director	5736 TUSCANY LANE, WAUNAKEE WI 53597
Carla C Sanders	director	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Kevin D Crampton	officer: Chief Accounting Officer	401 CHARMANY DRIVE, MADISON WI 53719
John J Harris	director	4248 FRANKLIN AVE., WESTERN SPRINGS IL 60558
Laura M. Garcia	officer: Chief Risk Officer	401 CHARMANY DRIVE, MADISON WI 53719
Barbara Mccarty Conley	officer: SVP Corp. Sec. & Gen.Couns.	401 CHARMANY DRIVE, MADISON WI 53719
Daniel P. Olszewski	director	401 CHARMANY DRIVE, MADISON WI 53719
James Edward Hartlieb	officer: President-First Business Bank	401 CHARMANY DRIVE, MADISON WI 53719
Brian D. Spielmann	officer: Chief Accounting Officer	401 CHARMANY DRIVE, MADISON WI 53719
Sloane Edward G Jr	officer: Chief Financial Officer	401 CHARMANY DRIVE, MADISON WI 53719
Ralph R. Kauten	director	401 CHARMANY DRIVE, MADISON WI 53719
David R. Seiler	officer: Chief Operating Officer	401 CHARMANY DRIVE, MADISON WI 53719
Bradley A Quade	officer: Chief Credit Officer	401 CHARMANY DRIVE, MADISON WI 53719