WSFS Financial (WSFS Financial) Cash-to-Debt : 1.22 (As of Dec. 2023)

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What is WSFS Financial 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. WSFS Financial's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.22.

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, WSFS Financial could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

WSFS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.7 Med: 1.15 Max: 6.4
Current: 1.22

During the past 13 years, WSFS Financial's highest Cash to Debt Ratio was 6.40. The lowest was 0.70. And the median was 1.15.

WSFS's Cash-to-Debt is ranked worse than
50.28% of 1440 companies
in the Banks industry
Industry Median: 1.235 vs WSFS: 1.22

WSFS Financial Cash-to-Debt Historical Data

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

WSFS Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.94

4.86

6.40

1.15

1.22

WSFS Financial 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															1.15	0.97	1.23	0.68	1.22

Competitive Comparison of WSFS Financial's Cash-to-Debt

For the Banks - Regional subindustry, WSFS Financial'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.

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

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

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

WSFS Financial 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.

WSFS Financial'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)
	=	1092.9	/	(0	+	895.076)
	=	1.22

WSFS Financial'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)
	=	1092.9	/	(0	+	895.076)
	=	1.22

WSFS Financial (NAS:WSFS) 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.

WSFS Financial Cash-to-Debt Related Terms

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

WSFS Financial (WSFS Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » WSFS Financial Corp (NAS:WSFS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WF4:Germany

Address

500 Delaware Avenue, Wilmington, DE, USA, 19801

Website

https://www.wsfsbank.com

WSFS Financial Corp is a savings and loan holding company. The company operates in three segments: WSFS Bank provides loans and leases and other financial products to commercial and consumer customers. Cash Connect segment provides ATM vault cash, smart safe, and other cash logistics services; and Wealth Management provides a broad array of planning and advisor services, investment management, personal and institutional trust services, and credit and deposit products to individuals, corporate, and institutional clients.

Executives

Patrick Joseph Ward	officer: Executive Vice President	C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Michael J Donahue	director
Christine Elizabeth Davis	officer: EVP, Chief Risk Officer	WSFS BANK CENTER, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Shari Kruzinski	officer: EVP, Chief Customer Officer	WSFS BANK CENTER, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Rodger Levenson	officer: Executive Vice President	C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Francis J Leto	director	501 WILLIAMSON RD, GLADWYNE PA 19035
Richard Wright	officer: Executive Vice President
Nancy J Foster	director	C/O CIT GROUP, 505 FIFTH AVENUE, NEW YORK NY 10017
Lynn Mckee	director
Diego F. Calderin	director	971 FREDERICK DRIVE, WEST CHESTER PA 19380
Peggy H Eddens	officer: Executive Vice President	C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Stephen P Clark	officer: EVP	C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Mark A Turner	director	C/O WSFS FINANCIAL CORP, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Paul S Greenplate	officer: EVP	C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Michael Conklin	officer: EVP, Chief Human Resources Off	500 DELAWARE AVENUE, WSFS FINANCIAL CORPORATION & BANK CENTER, WILMINGTON DE 19801