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. Charles Schwab's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.73.
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, Charles Schwab couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Charles Schwab's Cash-to-Debt or its related term are showing as below:
SCHW'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.72 Med: 3.36 Max: 5.98
Current: 0.73
During the past 13 years, Charles Schwab's highest Cash to Debt Ratio was 5.98. The lowest was 0.72. And the median was 3.36.
Charles Schwab Cash-to-Debt Historical Data
The historical data trend for Charles Schwab'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.
|
Charles Schwab Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
3.95 |
2.96 |
2.65 |
1.06 |
0.73 |
|
Charles Schwab Quarterly Data
|
|
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.68 |
0.67 |
0.52 |
0.73 |
N/A |
Competitive Comparison
For the Capital Markets subindustry, Charles Schwab'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.
Charles Schwab Cash-to-Debt Distribution
For the Capital Markets industry and Financial Services sector, Charles Schwab's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Charles Schwab's Cash-to-Debt falls into.
Charles Schwab 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.
Charles Schwab's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Charles Schwab's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Charles Schwab (Charles Schwab) Business Description
Traded in Other Exchanges
Address
3000 Schwab Way, Westlake, TX, USA, 76262
Charles Schwab operates in brokerage, wealth management, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices, a well-established online investing website, and has mobile trading capabilities. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $7 trillion of client assets at the end of December 2022. Nearly all of its revenue is from the United States.
Executives
| Carolyn Schwab-pomerantz |
director |
3000 SCHWAB WAY, WESTLAKE TX 76262 |
| Morgan Peter J. Iii |
officer: General Counsel |
211 MAIN STREET, SAN FRANCISCO CA 94105 |
| Peter B. Crawford |
officer: CFO |
211 MAIN STREET, SAN FRANCISCO CA 94105 |
| Charles R. Schwab |
director, officer: Co-Chairman |
PO BOX 2226, PALM BEACH FL 33480 |
| Paula A Sneed |
director |
THREE LAKES DRIVE, NORTHFIELD IL 60093 |
| Charles A. Ruffel |
director |
3000 SCHWAB WAY, WESTLAKE TX 76262 |
| Arun Sarin |
director |
C/O SAFEWAY INC., 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588 |
| Joan Dea |
director |
229 BRANNAN ST. #18G, SAN FRANCISCO CA 94107 |
| Brian M Levitt |
director |
C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715 |
| Marianne Catherine Brown |
director |
4094 TIMUQUANA ROAD, JACKSONVILLE FL 33210-8571 |
| Richard A Wurster |
officer: President |
3000 SCHWAB WAY, WESTLAKE TX 76262 |
| Bernard J. Clark |
officer: MD, Head of Adivsor Services |
C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105 |
| Gerri Martin-flickinger |
director |
C/O TABLEAU SOFTWARE, INC., 1621 N 34TH ST, SEATTLE WA 98103 |
| Mark A Goldfarb |
director |
C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105 |
| Stephen A Ellis |
director |
C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105 |
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