Switch to:
NewBridge Bancorp (NAS:NBBC)
Cash to Debt Ratio
0.09 (As of Sep. 2015)

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. NewBridge Bancorp's cash to debt ratio for the quarter that ended in Sep. 2015 was 0.09.

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, NewBridge Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

NBBC' s Cash to Debt Range Over the Past 10 Years
Min: 0.07   Max: No Debt
Current: 0.09

During the past 13 years, NewBridge Bancorp's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.57.

NBBC's Cash to Debt is ranked lower than
93% of the 1184 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.02 vs. NBBC: 0.09 )

Definition

This is the ratio of a company's Cash and Cash Equivalents (Banks or Insurance) to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

NewBridge Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 is calculated as:

NewBridge Bancorp's Cash to Debt Ratio for the quarter that ended in Sep. 2015 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash, Cash Equivalents, Marketable Securities, Interest Coverage


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

NewBridge Bancorp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
cash2debt 0.640.410.280.210.210.410.250.150.080.00

NewBridge Bancorp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
cash2debt 0.270.150.170.120.110.080.100.070.090.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK