SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'cash2debt' NWPP (New Peoples Bankshares) Cash-to-Debt
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » New Peoples Bankshares Inc (OTCPK:NWPP) » Definitions » Cash-to-Debt

New Peoples Bankshares (New Peoples Bankshares) Cash-to-Debt

: 2.16 (As of Dec. 2023)
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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. New Peoples Bankshares's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.16.

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, New Peoples Bankshares 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 New Peoples Bankshares's Cash-to-Debt or its related term are showing as below:

NWPP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.87   Med: 2.76   Max: 8.9
Current: 2.16

During the past 13 years, New Peoples Bankshares's highest Cash to Debt Ratio was 8.90. The lowest was 0.87. And the median was 2.76.

NWPP's Cash-to-Debt is ranked better than
64.69% of 1447 companies
in the Banks industry
Industry Median: 1.23 vs NWPP: 2.16

New Peoples Bankshares Cash-to-Debt Historical Data

The historical data trend for New Peoples Bankshares'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.

New Peoples Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 3.42 2.95 3.00 2.16

New Peoples Bankshares 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 3.67 2.25 1.76 2.16
Competitive Comparison

For the Banks - Regional subindustry, New Peoples Bankshares'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.

New Peoples Bankshares Cash-to-Debt Distribution

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

* The bar in red indicates where New Peoples Bankshares's Cash-to-Debt falls into.


New Peoples Bankshares 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.

New Peoples Bankshares'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)
=64.959 / (0 + 30.038)
=2.16

New Peoples Bankshares'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)
=64.959 / (0 + 30.038)
=2.16

* 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.

New Peoples Bankshares  (OTCPK:NWPP) 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.

New Peoples Bankshares Cash-to-Debt Related Terms

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

New Peoples Bankshares (New Peoples Bankshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » New Peoples Bankshares Inc (OTCPK:NWPP) » Definitions » Cash-to-Debt
Comparable Companies
VBFC MNMB MSWV CIZN UBCP SLBK CCNB UNIF FFBW PFBX CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
67 Commerce Drive, Honaker, VA, USA, 24260
Website
https://www.newpeoples.bank
New Peoples Bankshares Inc is a bank holding company for New Peoples Bank. The Bank offers a range of banking & related financial services focused on serving individuals, small to medium-size businesses, and the professional community. Its main banking services include personal banking, business banking, and financial services. Its banking products comprise checking, savings, deposit accounts, commercial loans, consumer loans, and real estate loans.
Executives
Harold L Keene director P. O. BOX 1320, HONAKER VA 24260
B Scott White director RT 2, BOX 181-A, CASTLEWOOD VA 24224
Barton Scot Long other: Director-Subsidiary Bank 300 FOUR WINDS DRIVE, BRISTOL VA 24201
John D Cox director 13515 EAST CARTERS VALLEY ROAD, GATE CITY VA 24251
John J. Boczar officer: EVP & Chief Financial Officer 599 TILLIE SCOTT CT, GREENSBORO NC 27455
Christopher Todd Asbury officer: Senior V.P. & C.F.O.
Kiser W James officer: EVP/Chief Banking Officer 67 COMMERCE DR, HONAKER VA 24260
Christopher G Speaks officer: EVP/CFO 104 S. MAIN ST., GREENVILLE SC 29601
J. Robert Buchanan director 2248 UPPER VALLEY ROAD, TAZEWELL VA 24651
Gina D Boggess director PO BOX 5064, PRINCETON WV 24740
Beard John W Jr officer: EVP & Chief Credit Officer NEW PEOPLES BANKSHARES, INC., 67 COMMERCE DRIVE, HONAKER VA 24260
Joseph Darrell Pennington officer: SVP & Chief Financial Officer 5724 BRADINGTON CT, GLEN ALLEN VA 23059
Karen D Wimmer officer: EVP & Chief Credit Officer 67 COMMERCE DRIVE, HONAKER VA 24260
Richard G Preservati 10 percent owner PO BOX 1003, PRINCETON WV 24740
Gent Charles H Jr director P. O. BOX 330, HONAKER VA 24260

New Peoples Bankshares (New Peoples Bankshares) Headlines

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