National Bank of Umm Al-Qaiwain PSC (ADX:NBQ) Cash-to-Debt : 2,473.30 (As of Mar. 2024)

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What is National Bank of Umm Al-Qaiwain PSC 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. National Bank of Umm Al-Qaiwain PSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 2,473.30.

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, National Bank of Umm Al-Qaiwain PSC could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for National Bank of Umm Al-Qaiwain PSC's Cash-to-Debt or its related term are showing as below:

ADX:NBQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 20.44 Med: No Debt Max: No Debt
Current: 2473.3

During the past 13 years, National Bank of Umm Al-Qaiwain PSC's highest Cash to Debt Ratio was No Debt. The lowest was 20.44. And the median was No Debt.

ADX:NBQ's Cash-to-Debt is ranked better than
96.39% of 1442 companies
in the Banks industry
Industry Median: 1.285 vs ADX:NBQ: 2473.30

National Bank of Umm Al-Qaiwain PSC Cash-to-Debt Historical Data

The historical data trend for National Bank of Umm Al-Qaiwain PSC'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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National Bank of Umm Al-Qaiwain PSC Cash-to-Debt Chart

National Bank of Umm Al-Qaiwain PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

787.20

1,161.36

2,508.91

National Bank of Umm Al-Qaiwain PSC 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	Get a 7-Day Free Trial															20.44	1,305.40	1,418.58	2,508.91	2,473.30

Competitive Comparison of National Bank of Umm Al-Qaiwain PSC's Cash-to-Debt

For the Banks - Regional subindustry, National Bank of Umm Al-Qaiwain PSC'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.

National Bank of Umm Al-Qaiwain PSC's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of Umm Al-Qaiwain PSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National Bank of Umm Al-Qaiwain PSC's Cash-to-Debt falls into.

National Bank of Umm Al-Qaiwain PSC 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.

National Bank of Umm Al-Qaiwain PSC'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)
	=	4887.349	/	(0	+	1.948)
	=	2,508.91

National Bank of Umm Al-Qaiwain PSC's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	4699.263	/	(0	+	1.9)
	=	2,473.30

National Bank of Umm Al-Qaiwain PSC (ADX:NBQ) 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.

National Bank of Umm Al-Qaiwain PSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of National Bank of Umm Al-Qaiwain PSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

National Bank of Umm Al-Qaiwain PSC (ADX:NBQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Umm Al-Qaiwain PSC (ADX:NBQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Faisal Street, NBQ Building, P.O. Box 800, Umm Al Qaiwain, ARE

Website

https://www.nbq.ae

National Bank of Umm Al-Qaiwain PSC provides banking services. The company operates in these segments: Retail and Corporate Banking, Treasury and Investments and others. The majority of its revenue comes from the Retail and Corporate Banking segment, which comprises saving and current accounts, deposits, cards, loans and Mortgages, and transactions with corporate and government bodies.

National Bank of Umm Al-Qaiwain PSC (ADX:NBQ) Headlines

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