Simmons First National (Simmons First National) Cash-to-Debt : 0.46 (As of Dec. 2023)

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What is Simmons First National 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. Simmons First National's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.46.

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, Simmons First National 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 Simmons First National's Cash-to-Debt or its related term are showing as below:

SFNC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 0.73 Max: 2.48
Current: 0.46

During the past 13 years, Simmons First National's highest Cash to Debt Ratio was 2.48. The lowest was 0.40. And the median was 0.73.

SFNC's Cash-to-Debt is ranked worse than
74.44% of 1440 companies
in the Banks industry
Industry Median: 1.245 vs SFNC: 0.46

Simmons First National Cash-to-Debt Historical Data

The historical data trend for Simmons First National'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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Simmons First National Cash-to-Debt Chart

Simmons First National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.59

2.01

0.96

0.56

0.46

Simmons First National 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	Get a 7-Day Free Trial															0.56	0.38	0.43	0.35	0.46

Competitive Comparison of Simmons First National's Cash-to-Debt

For the Banks - Regional subindustry, Simmons First National'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.

Simmons First National's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Simmons First National's Cash-to-Debt falls into.

Simmons First National 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.

Simmons First National'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)
	=	614.192	/	(0	+	1338.507)
	=	0.46

Simmons First National'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)
	=	614.192	/	(0	+	1338.507)
	=	0.46

Simmons First National (NAS:SFNC) 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.

Simmons First National Cash-to-Debt Related Terms

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

Simmons First National (Simmons First National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Simmons First National Corp (NAS:SFNC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 Main Street, Pine Bluff, AR, USA, 71601

Website

https://www.simmonsbank.com

Simmons First National Corp is a financial holding company. The company through its subsidiaries is engaged in providing banking services including consumer, real estate and commercial loans, checking, savings and time deposits. The company's loan portfolio comprises construction, single-family residential and commercial loans; non-real estate loans, nonaccrual and past due loans; and credit card loans, student loans and other consumer loans. It also offers a range of products and services such as trust services, investments, agricultural finance lending, equipment lending, insurance, consumer finance and small business administration lending. All the business activity of the firm is functioned through the region of the United States.

Executives

Robert L Shoptaw	director	21 RIVER RIDGE CIRCLE, LITTLE ROCK AR 72227
Stephen C Massanelli	officer: EVP	501 MAIN STREET, PINE BLUFF AR 71601
Dean O. Bass	director	1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
James M Brogdon	officer: EVP, CFO, Treasurer	501 MAIN STREET, PINE BLUFF AR 71601
Eugene Hunt	director	P.O. BOX 9588, PINE BLUFF AR 71611
George Jr Makris	director
Stewart Bradley Yaney	officer: EVP, Chief Credit Risk Officer	501 MAIN STREET, PINE BLUFF AR 71601
Edward Drilling	director	1 GREENBRIER, ROAD, LITTLE ROCK AR 72202
Robert A Fehlman	officer: EVP & CFO
Marty Casteel	officer: EVP	501 MAIN STREET, PINE BLUFF AR 71601
Chad Rawls	officer: EVP & Chief Credit Officer	900 S. SHACKLEFORD ROAD, SUITE 605, LITTLE ROCK AR 72211
Ann Madea	officer: EVP & CIO	501 MAIN STREET, PINE BLUFF AR 71601
Paul D Kanneman	officer: EVP	501 MAIN STREET, PINE BLUFF AR 71601
Julie L Stackhouse	director	1112 CLUB VIEW TERRACE, FORT COLLINS CO 80524
Steven A Cosse	director	200 PEACH ST., P O BOX 7000, EL DORADO AR 71730