LaPorte Bancorp (LaPorte Bancorp) Cash-to-Debt : 0.35 (As of Mar. 2016)

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What is LaPorte 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. LaPorte Bancorp's cash to debt ratio for the quarter that ended in Mar. 2016 was 0.35.

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, LaPorte Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2016.

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

LPSB's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.245
* Ranked among companies with meaningful Cash-to-Debt only.

LaPorte Bancorp Cash-to-Debt Historical Data

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

LaPorte Bancorp Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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0.10

0.26

0.17

0.53

LaPorte Bancorp 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															0.20	0.21	0.22	0.53	0.35

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

For the Banks - Regional subindustry, LaPorte 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.

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

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

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

LaPorte 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.

LaPorte Bancorp'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)
	=	32.058	/	(0	+	60.155)
	=	0.53

LaPorte Bancorp'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)
	=	25.893	/	(0	+	74.287)
	=	0.35

LaPorte Bancorp (NAS:LPSB) 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.

LaPorte Bancorp Cash-to-Debt Related Terms

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LaPorte Bancorp (LaPorte Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.laportesavingsbank.com

LaPorte Bancorp Inc operates as the bank holding company for The LaPorte Savings Bank. The LaPorte Savings Bank is an Indiana-chartered savings bank that operates from seven full-service locations in LaPorte and Porter Counties, Indiana and a mortgage loan production office in St. Joseph, Michigan. The Company's business consists of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential loans, commercial real estate loans, mortgage warehouse loans, construction loans, home equity loans and lines of credit, commercial loans, automobile and other consumer loans, as well as agency securities, mortgage-backed securities, collateralized mortgage obligation securities and municipal bond securities. In addition, the Company offers trust services through a referral agreement with a third party. In Lending Activities One- to Four-Family Residential Loans: The majority of the one- to four-family residential mortgage loans the company originates are conventional. The Company also offers adjustable rate mortgage loans with fixed terms of three, five or seven years before converting to an annual adjustment schedule based on changes in a designated United States Treasury index. The Company also makes commercial land development and residential land loans. The Company also makes construction loans for commercial development projects, such as multi-family, apartment and small retail and office buildings. Its deposit accounts consist of savings accounts, health savings accounts, NOW accounts, checking accounts, money market accounts, certificates of deposit and IRAs. The Company also provides commercial checking accounts for businesses.

Executives

Michele M. Magnuson

director, officer: President and CFO

515 FRANKLIN STREET, MICHIGAN CITY IN 46360

LaPorte Bancorp (LaPorte Bancorp) Headlines

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