Ballston SpA Bancorp (Ballston SpA Bancorp) Cash-to-Debt : 0.12 (As of Sep. 2007)

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What is Ballston SpA Bancorp 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. Ballston SpA Bancorp's cash to debt ratio for the quarter that ended in Sep. 2007 was 0.12.

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, Ballston SpA Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2007.

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

BSPA's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.28
* Ranked among companies with meaningful Cash-to-Debt only.

Ballston SpA Bancorp Cash-to-Debt Historical Data

The historical data trend for Ballston SpA Bancorp'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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Ballston SpA Bancorp Cash-to-Debt Chart

Ballston SpA Bancorp Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Cash-to-Debt

0.83

0.38

0.27

0.37

0.28

Ballston SpA Bancorp Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Cash-to-Debt	Get a 7-Day Free Trial														0.44	0.28	0.22	0.16	0.12

Competitive Comparison of Ballston SpA Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Ballston SpA Bancorp'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.

Ballston SpA Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

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

Ballston SpA Bancorp 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.

Ballston SpA Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2006 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)
	=	5.972	/	(0	+	21.66)
	=	0.28

Ballston SpA Bancorp's Cash to Debt Ratio for the quarter that ended in Sep. 2007 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)
	=	6.775	/	(40.35	+	17.5)
	=	0.12

Ballston SpA Bancorp (OTCPK:BSPA) 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.

Ballston SpA Bancorp Cash-to-Debt Related Terms

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Ballston SpA Bancorp (Ballston SpA Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ballston SpA Bancorp Inc (OTCPK:BSPA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

990 State Route 67, Ballston Spa, NY, USA, 12020

Website

https://www.bsnb.com

Ballston SpA Bancorp Inc is a bank-based financial services company. The parent company's banking subsidiary, Ballston Spa National Bank, is a community-based commercial bank and provides banking, financing, fiduciary, brokerage and other financial services to corporate, municipal, and individual customers through its thirteen branch offices.

Ballston SpA Bancorp (Ballston SpA Bancorp) Headlines

From GuruFocus

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