Investors Bancorp (Investors Bancorp) Cash-to-Debt : 0.09 (As of Dec. 2021)

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What is Investors 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. Investors Bancorp's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.09.

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

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

ISBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.18
Current: 0.09

During the past 13 years, Investors Bancorp's highest Cash to Debt Ratio was 0.18. The lowest was 0.02. And the median was 0.05.

ISBC's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.25 vs ISBC: 0.09

Investors Bancorp Cash-to-Debt Historical Data

The historical data trend for Investors 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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Investors Bancorp Cash-to-Debt Chart

Investors Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.14

0.04

0.03

0.06

0.09

Investors Bancorp Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.05	0.18	0.18	0.09

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

For the Banks - Regional subindustry, Investors 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.

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

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

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

Investors 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.

Investors Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	287.99	/	(0	+	3298.599)
	=	0.09

Investors Bancorp's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	287.99	/	(0	+	3298.599)
	=	0.09

Investors Bancorp (NAS:ISBC) 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.

Investors Bancorp Cash-to-Debt Related Terms

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

Investors Bancorp (Investors Bancorp) Business Description

Industry

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

Comparable Companies

IST:ISATR FHB BAH:NBB OCSE:RILBA WAR:MBK OCSE:JYSK SHSE:601128 NSE:IDFCFIRSTB KUW:CBK TRN:RFHL

Traded in Other Exchanges

N/A

Address

101 JFK Parkway, Short Hills, NJ, USA, 07078

Website

https://www.investorsbank.com

Investors Bancorp Inc is the holding company for Investor Bank, a savings bank operating primarily in the greater New Jersey and New York metropolitan areas. The bank obtains funds through both deposits and the wholesale market to originate loans and invest in securities. Loans originated include commercial real estate loans, commercial and industrial loans, residential mortgage loans, construction loans, and consumer loans. The bank has traditionally grown through acquisitions and internal growth, including de novo branching. The vast majority of its loan portfolio is in commercial loans. The vast majority of its net revenue is in net interest income.

Executives

P. Sean Burke	officer: EVP and CFO	101 JFK PARKWAY SHORT HILLS NJ 07078
Paul Kalamaras	officer: Exec VP	101 JFK PARKWAY SHORT HILLS NJ 07078
James J. Garibaldi	director	101 JFK PARKWAY SHORT HILLS NJ 07078
Richard Spengler	officer: Exec VP	101 JFK PARKWAY SHORT HILLS NJ 07078
Kevin Cummings	director, officer: Chairman and CEO	101 JFK PARKWAY, SHORT HILLS NJ 07078
Domenick A Cama	director, officer: President and COO	101 JFK PARKWAY SHORT HILLS NJ 07078
Robert C Albanese	director	2300 ROUTE 33 ROBBINSVILLE NJ 08691
Paul Stathoulopoulos	director	101 JFK PARKWAY SHORT HILLS NJ 07078
William V. Cosgrove	director	101 JFK PARKWAY SHORT HILLS NJ 07078
Ward James H Iii	director	C/O AMERICAN BANCORP OF NEW JERSEY INC 365 BROAD STREET BLOOMFIELD NJ 07003
Doreen R Byrnes	director	101 JFK PARKWAY SHORT HILLS NJ 07078
Michele N Siekerka	director	101 JFK PARKWAY, SHORT HILLS NJ 07078
Dennis M Bone	director	2300 ROUTE 33 ROBBINSVILLE NJ 08691
Blue Harbour Group, L.p.	10 percent owner	646 STEAMBOAT RD., GREENWICH CT 06830
Blue Harbour Holdings, Llc	10 percent owner	646 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830