Invest Bank (AMM:INVB) Cash-to-Debt : 0.69 (As of Jun. 2024)

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What is Invest Bank 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. Invest Bank's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.69.

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, Invest Bank couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

AMM:INVB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.69 Med: 1.35 Max: 61.8
Current: 0.69

During the past 13 years, Invest Bank's highest Cash to Debt Ratio was 61.80. The lowest was 0.69. And the median was 1.35.

AMM:INVB's Cash-to-Debt is ranked worse than
65.41% of 1570 companies
in the Banks industry
Industry Median: 1.27 vs AMM:INVB: 0.69

Invest Bank Cash-to-Debt Historical Data

The historical data trend for Invest Bank'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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Invest Bank Cash-to-Debt Chart

Invest Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.27

0.95

0.81

54.18

61.80

Invest Bank Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	61.80	1.14	0.69

Competitive Comparison of Invest Bank's Cash-to-Debt

For the Banks - Regional subindustry, Invest Bank'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.

Invest Bank's Cash-to-Debt Distribution in the Banks Industry

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

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

Invest Bank 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.

Invest Bank'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)
	=	191.82	/	(0	+	3.104)
	=	61.80

Invest Bank's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	203.077	/	(0	+	296.405)
	=	0.69

Invest Bank (AMM:INVB) 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.

Invest Bank Cash-to-Debt Related Terms

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Invest Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Invest Bank (AMM:INVB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdul Hameed Sharaf Street, P.O. Box 950601, Building No. 43, Shmesani, Amman, JOR, 11195

Website

https://www.investbank.jo

Investment Bank operates in the financial industry. The company's operating segment includes Individuals; Corporates; Treasury; Financial brokerage; Finance leasing; Management of bounded, Factoring of receivables, and others. Retail accounts Include handling individual customers' deposits and providing credit facilities, credit cards, and other services. The Treasury includes providing trading and treasury services and the management of the Bank's funds. Geographically, it operates in Jordan but also has an international presence.