Thomasville Bancshares (Thomasville Bancshares) Cash-to-Debt : 44.53 (As of Dec. 2022)

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What is Thomasville Bancshares 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. Thomasville Bancshares's cash to debt ratio for the quarter that ended in Dec. 2022 was 44.53.

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, Thomasville Bancshares could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

THVB' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.06 Med: 34.12 Max: 114.74
Current: 44.53

During the past 13 years, Thomasville Bancshares's highest Cash to Debt Ratio was 114.74. The lowest was 6.06. And the median was 34.12.

THVB's Cash-to-Debt is ranked better than
93.04% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs THVB: 44.53

Thomasville Bancshares Cash-to-Debt Historical Data

The historical data trend for Thomasville Bancshares'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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Thomasville Bancshares Cash-to-Debt Chart

Thomasville Bancshares Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

34.73

37.04

64.08

114.74

44.53

Thomasville Bancshares Semi-Annual Data
	Dec05	Dec06	Dec07	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash-to-Debt	Get a 7-Day Free Trial									34.73	37.04	64.08	114.74	44.53

Competitive Comparison of Thomasville Bancshares's Cash-to-Debt

For the Banks - Regional subindustry, Thomasville Bancshares'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.

Thomasville Bancshares's Cash-to-Debt Distribution in the Banks Industry

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

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

Thomasville Bancshares 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.

Thomasville Bancshares's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	71.24	/	(0	+	1.6)
	=	44.53

Thomasville Bancshares's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	71.24	/	(0	+	1.6)
	=	44.53

Thomasville Bancshares (OTCPK:THVB) 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.

Thomasville Bancshares Cash-to-Debt Related Terms

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

Thomasville Bancshares (Thomasville Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Thomasville Bancshares Inc (OTCPK:THVB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 North Broad Street, Thomasville, GA, USA, 31792

Website

https://www.tnbank.com

Thomasville Bancshares Inc is a holding company. The company operates two full-service banking offices in Thomasville, Georgia, and a full-service division located in St. Simons Island, Georgia. It provides integrated services ranging from checking to loans to investments. The bank provides personal banking, business banking, loans, mobile banking, and wealth management services. Its personal banking and business banking services include checking accounts and savings accounts. Its loans include mortgages, consumer loans, and commercial loans. The company offers customers a range of home-buying options from in-house lending to secondary market loans.

Executives

Hodges Charles H Iii	director, officer: Executive Vice President	301 NORTH BROAD STREET, THOMASVILLE GA 31792
Charles E Hancock	director
Mckinnon Charles W Jr	director
Singletary Richard L Jr	director
Diane W Parker	director

Thomasville Bancshares (Thomasville Bancshares) Headlines

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