BKNIY (Bankinter) Cash-to-Debt : 1.43 (As of Sep. 2024)

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What is Bankinter 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. Bankinter's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.43.

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, Bankinter could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BKNIY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.24 Max: No Debt
Current: 1.43

During the past 13 years, Bankinter's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 1.24.

BKNIY's Cash-to-Debt is ranked better than
52.34% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs BKNIY: 1.43

Bankinter Cash-to-Debt Historical Data

The historical data trend for Bankinter'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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Bankinter Cash-to-Debt Chart

Bankinter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.97

2.12

3.11

2.00

1.70

Bankinter Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															1.48	1.70	1.23	1.43	1.43

Competitive Comparison of Bankinter's Cash-to-Debt

For the Banks - Regional subindustry, Bankinter'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.

Bankinter's Cash-to-Debt Distribution in the Banks Industry

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

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

Bankinter 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.

Bankinter'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)
	=	17564.082	/	(0	+	10323.547)
	=	1.70

Bankinter's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	14314.572	/	(0	+	10017.77)
	=	1.43

Bankinter (OTCPK:BKNIY) 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.

Bankinter Cash-to-Debt Related Terms

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

Bankinter Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bankinter SA (OTCPK:BKNIY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BKIMF:USA BKT:Mexico BKTe:UK 0H7O:UK BKT:Spain

Address

Paseo de la Castellana 29, Madrid, ESP, 28046

Website

https://www.bankinter.com

Bankinter SA is a bank operating in Spain. Its services include financial planning, asset management, retail banking, corporate banking, treasury, and international banking. Customer loans constitute the overwhelming majority of earning assets on the balance sheet. Its segments include Commercial Banking, Corporate Banking, Consumer Finance, Bankinter Portugal, Bankinter Ireland, and Other businesses. Its Financial products include Mortgages Salary accounts, Loans, Cards, Pension plans, and Investment funds.