Cullen/Frost Bankers (Cullen/Frost Bankers) Cash-to-Debt

: 38.64 (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. Cullen/Frost Bankers's cash to debt ratio for the quarter that ended in Dec. 2023 was 38.64.

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, Cullen/Frost Bankers 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 Cullen/Frost Bankers's Cash-to-Debt or its related term are showing as below:

CFR' s Cash-to-Debt Range Over the Past 10 Years
Min: 14.13 Med: 19.56 Max: 74.45
Current: 38.64

During the past 13 years, Cullen/Frost Bankers's highest Cash to Debt Ratio was 74.45. The lowest was 14.13. And the median was 19.56.

CFR's Cash-to-Debt is ranked better than
92.52% of 1443 companies
in the Banks industry
Industry Median: 1.23 vs CFR: 38.64

Cullen/Frost Bankers Cash-to-Debt Historical Data

The historical data trend for Cullen/Frost Bankers'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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Cullen/Frost Bankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

14.59

43.71

74.45

53.15

38.64

Cullen/Frost Bankers 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																53.15	41.41	31.51	33.84	38.64

Competitive Comparison

For the Banks - Regional subindustry, Cullen/Frost Bankers'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.

Cullen/Frost Bankers Cash-to-Debt Distribution

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

* The bar in red indicates where Cullen/Frost Bankers's Cash-to-Debt falls into.

Cullen/Frost Bankers 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.

Cullen/Frost Bankers'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)
	=	8602.626	/	(0	+	222.618)
	=	38.64

Cullen/Frost Bankers'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)
	=	8602.626	/	(0	+	222.618)
	=	38.64

Cullen/Frost Bankers (NYSE:CFR) 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.

Cullen/Frost Bankers Cash-to-Debt Related Terms

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

Cullen/Frost Bankers (Cullen/Frost Bankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cullen/Frost Bankers Inc (NYSE:CFR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CFRpB.PFD:USA CFZ:Germany CFZ:Germany

Address

111 W. Houston Street, San Antonio, TX, USA, 78205

Website

https://www.frostbank.com

Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.

Executives

Patrick B Frost	director, other: Member Executive Committee	100 WEST HOUSTON ST, SAN ANTONIO TX 78205
Howard Willome John	director	111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
Chris Avery	director	510 POST OAK ROAD, FREDERICKSBURG TX 78624
Howard L. Kasanoff	officer: GEVP Chief Credit Officer	111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
Bobby Berman	officer: Group Executive Vice President	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Candace K Wolfshohl	officer: Group Executive Vice President	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Phillip D Green	officer: Group EVP / CFO	100 WEST HOUSTON ST, SAN ANTONIO TX 78205
Carol Jean Severyn	officer: GEVP and Chief Risk Officer	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Paul Bracher	officer: President	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Joseph A. Pierce	director	111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
William L Perotti	officer: Group Executive Vice President	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Jerry Salinas	officer: Chief Financial Officer	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Anthony R Chase	director	10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Linda B. Rutherford	director	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Annette M Alonzo	officer: Group Executive Vice President	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205