1st Century Bancshrs (1st Century Bancshrs) Cash-to-Debt : 3.49 (As of Mar. 2016)

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What is 1st Century Bancshrs 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. 1st Century Bancshrs's cash to debt ratio for the quarter that ended in Mar. 2016 was 3.49.

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, 1st Century Bancshrs could pay off its debt using the cash in hand for the quarter that ended in Mar. 2016.

The historical rank and industry rank for 1st Century Bancshrs's Cash-to-Debt or its related term are showing as below:

FCTY's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.3
* Ranked among companies with meaningful Cash-to-Debt only.

1st Century Bancshrs Cash-to-Debt Historical Data

The historical data trend for 1st Century Bancshrs'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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1st Century Bancshrs Cash-to-Debt Chart

1st Century Bancshrs Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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1.68

1.72

1.63

3.34

0.84

1st Century Bancshrs Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash-to-Debt	Get a 7-Day Free Trial															3.43	4.17	6.29	0.84	3.49

Competitive Comparison of 1st Century Bancshrs's Cash-to-Debt

For the Banks - Regional subindustry, 1st Century Bancshrs'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.

1st Century Bancshrs's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Century Bancshrs's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where 1st Century Bancshrs's Cash-to-Debt falls into.

1st Century Bancshrs 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.

1st Century Bancshrs's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	54.565	/	(0	+	65)
	=	0.84

1st Century Bancshrs's Cash to Debt Ratio for the quarter that ended in Mar. 2016 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)
	=	52.384	/	(0	+	15)
	=	3.49

1st Century Bancshrs (NAS:FCTY) 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.

1st Century Bancshrs Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of 1st Century Bancshrs's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

1st Century Bancshrs (1st Century Bancshrs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » 1st Century Bancshrs Inc (NAS:FCTY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.1stcenturybank.com

1st Century Bancshrs Inc is a Delaware corporation. The Company operates as a bank holding company for 1st Century Bank, N.A., a National Association (the Bank). The Bank is a full service commercial bank. The bank's main focus is relationship banking to family and closely held middle market businesses, professional service firms, and high net worth individuals, real estate investors and entrepreneurs. The Bank also provides various banking services to meet the financial needs of the local residential community, with an orientation mainly directed toward owners and employees of its business client base. The Bank's product offerings includes: Loans and Deposits. Loans consist of business and personal lines of credit and term loans; tenant improvement and equipment financing; bridge and/or specific purpose loans; commercial, industrial and multi-family real estate lending; personal home equity loans and lines of credit; and credit cards for business and personal use. Deposits consist of business checking, money market and certificates of deposit; personal checking, money market and certificates of deposits; Attorney-Client trust accounts; trust accounts; cash management and on-line banking; and Debit cards. The general market area it serves is defined as La Cienega Boulevard to the east, the Santa Monica Mountains to the north, the Pacific Ocean to the west and the Los Angeles International Airport to the south. The Bank competes with other banks and financial institutions to attract deposits. The Bank faces competition from established local and regional banks and savings and loan institutions. The Company and its subsidiaries are subject to significant regulation and restrictions by Federal and State laws and regulatory agencies. The Bank is subject to both the regulation of and periodic examinations by the Office of the Comptroller of the Currency, which is the Bank's primary federal regulatory agency.

Executives

Stanley R Zax	director	ZENITH NATIONAL INSURANCE, 21255 CALIFA STREET, WOODLAND HILLS CA 91367
Jason Philip Dinapoli	director, officer: President and COO	1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Nadine I Watt	director	C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Lewis Wolff	director	11828 LAGRANGE AVE, LOS ANGELES CA 90025
William S. Anderson	director	520 NEWPORT CENTER DRIVE, 12TH FLOOR, NEWPORT BEACH CA 92660
Donn Bordon Jakosky	officer: EVP, Chief Credit Officer	1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Dan Toshio Kawamoto	officer: EVP, Chief Financial Officer	1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Marshall S Geller	director	10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Leslie E Bider	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Richard S Ziman	director	C/O AVP ADVISORS INC., 10940 WILSHIRE BLVD., STE. 1950, LOS ANGELES CA 90024

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