SI Financial Group (SI Financial Group) Cash-to-Debt : 0.76 (As of Mar. 2019)

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What is SI Financial Group 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. SI Financial Group's cash to debt ratio for the quarter that ended in Mar. 2019 was 0.76.

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, SI Financial Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2019.

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

SIFI's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.25
* Ranked among companies with meaningful Cash-to-Debt only.

SI Financial Group Cash-to-Debt Historical Data

The historical data trend for SI Financial Group'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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SI Financial Group Cash-to-Debt Chart

SI Financial Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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0.25

0.17

0.32

0.47

0.55

SI Financial Group Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash-to-Debt	Get a 7-Day Free Trial															0.46	0.50	0.48	0.55	0.76

Competitive Comparison of SI Financial Group's Cash-to-Debt

For the Banks - Regional subindustry, SI Financial Group'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.

SI Financial Group's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where SI Financial Group's Cash-to-Debt falls into.

SI Financial Group 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.

SI Financial Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	87.929	/	(0	+	160.084)
	=	0.55

SI Financial Group's Cash to Debt Ratio for the quarter that ended in Mar. 2019 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)
	=	120.719	/	(0	+	159.869)
	=	0.76

SI Financial Group (NAS:SIFI) 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.

SI Financial Group Cash-to-Debt Related Terms

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SI Financial Group (SI Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SI Financial Group Inc (NAS:SIFI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

803 Main Street, Willimantic, CT, USA, 06226

Website

http://www.mysifi.com

SI Financial Group Inc is a holding company for Savings Institute Bank and Trust Company. It operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services. The Bank accepts deposits from the general public and uses those funds to originate one- to four-family residential mortgage loans, multi-family and commercial real estate loans, commercial business loans, and construction and consumer loans. In addition, it also purchases commercial business loans, including loans fully guaranteed by the Small Business Administration and the United States Department of Agriculture. Geographically all the business activity is primarily functioned through the region of US.

Executives