Pacific Mercantile Bancorp (Pacific Mercantile Bancorp) Cash-to-Debt : 20.71 (As of Jun. 2021)

View and export this data going back to 2000. Start your Free Trial

What is Pacific Mercantile 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. Pacific Mercantile Bancorp's cash to debt ratio for the quarter that ended in Jun. 2021 was 20.71.

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, Pacific Mercantile Bancorp could pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

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

PMBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.8 Max: No Debt
Current: 20.71

During the past 13 years, Pacific Mercantile Bancorp's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 1.80.

PMBC's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.25 vs PMBC: 20.71

Pacific Mercantile Bancorp Cash-to-Debt Historical Data

The historical data trend for Pacific Mercantile 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.

Pacific Mercantile Bancorp Cash-to-Debt Chart

Pacific Mercantile Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

Get a 7-Day Free Trial

4.38

3.44

3.31

4.68

10.46

Pacific Mercantile Bancorp Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cash-to-Debt	Get a 7-Day Free Trial															2.86	6.75	10.46	14.83	20.71

Competitive Comparison of Pacific Mercantile Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Pacific Mercantile 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.

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

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

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

Pacific Mercantile 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.

Pacific Mercantile 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)
	=	287.866	/	(10	+	17.527)
	=	10.46

Pacific Mercantile Bancorp's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	363.039	/	(0	+	17.527)
	=	20.71

Pacific Mercantile Bancorp (NAS:PMBC) 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.

Pacific Mercantile Bancorp Cash-to-Debt Related Terms

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

Pacific Mercantile Bancorp (Pacific Mercantile Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pacific Mercantile Bancorp (NAS:PMBC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

949 South Coast Drive, Suite 300, Costa Mesa, CA, USA, 92626

Website

https://www.pmbank.com

Pacific Mercantile Bancorp, through its subsidiary, is engaged in the commercial banking business in Southern California. Its Commercial Banking segment provides small and medium-sized businesses, professional firms, and individuals with a diversified range of products and services such as various types of deposit accounts, commercial and consumer loans, cash management services, and online banking services.

Executives

Denis P Kalscheur	director	949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Manish Dutta	director	949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626
Michele S Miyakawa	director	949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626
Shannon F Eusey	director	949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Stephen P Yost	director	2221 EAST ROSECRANS AVENUE SUITE 131 EL SEGUNDO CA 90245
Michael P Hoopis	director	23 CORPORATE PLAZA SUITE 246 NEWPORT BEACH CA 92660
Cindy Verity	officer: EVP, Head of Cash Management	949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626
Curt Alan Christianssen	officer: EVP & CFO	PACIFIC MERCANTILE BANK 949 SOUTH COAST DRIVE, THIRD FLOOR COSTA MESA CA 92626
Robert S. Anderson	officer: EVP & Chief Credit Officer	949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626
Philipp Garcia	officer: EVP	949 SOUTH COAST DRIVE, THIRD FLOOR COSTA MESA CA 92626
Van Der Voort Shamara C.	officer: EVP/Head of Operations	949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626
Sean Foley	officer: EVP CBO	949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626
Maxwell Sinclair	officer: EVP, Chief Compliance Officer	PACIFIC MERCANTILE BANCORP 949 SOUTH COAST DRIVE, 3RD FLOOR COSTA MESA CA 92626
Bradford R Dinsmore	officer: Chief Executive Officer	303 PEACHTREE STREET, NE, ATLANTA GA 30308
Tom Wagner	officer: EVP, Corporate Finance	949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626