Carver Bancorp (Carver Bancorp) Cash-to-Debt : 1.30 (As of Dec. 2023)

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What is Carver 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. Carver Bancorp's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.30.

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, Carver Bancorp could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CARV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.52 Med: 1.33 Max: 6.87
Current: 1.3

During the past 13 years, Carver Bancorp's highest Cash to Debt Ratio was 6.87. The lowest was 0.52. And the median was 1.33.

CARV's Cash-to-Debt is ranked better than
50.97% of 1438 companies
in the Banks industry
Industry Median: 1.27 vs CARV: 1.30

Carver Bancorp Cash-to-Debt Historical Data

The historical data trend for Carver 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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Carver Bancorp Cash-to-Debt Chart

Carver Bancorp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.46

1.50

1.42

2.01

0.66

Carver Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.98	0.66	0.66	0.89	1.30

Competitive Comparison of Carver Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Carver 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.

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

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

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

Carver 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.

Carver Bancorp's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	42.552	/	(0	+	64.263)
	=	0.66

Carver Bancorp's Cash to Debt Ratio for the quarter 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)
	=	75.23	/	(0	+	57.821)
	=	1.30

Carver Bancorp (NAS:CARV) 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.

Carver Bancorp Cash-to-Debt Related Terms

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

Carver Bancorp (Carver Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carver Bancorp Inc (NAS:CARV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

39CN:Germany

Address

75 West 125th Street, New York, NY, USA, 10027

Website

https://www.carverbank.com

Carver Bancorp Inc is a holding company and conducts its business as a unitary saving and loan holding firm and the business of the company consists of the operation of its subsidiary. The bank offers a wide range of financial solutions to meet customers' banking. It offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pay, and telephone banking. The company provides deposit products, such as demand, savings, and time deposits for consumers, businesses, and governmental and quasi-governmental agencies in its market area within New York City.

Executives

Isaac Torres	officer: SVP and GC	75 WEST 125TH STREET, NEW YORK NY 10027
Craig C Mackay	director	75 WEST 125TH STREET, NEW YORK NY 10027
Robin L Nunn	director	75 WEST 125TH STREET, NEW YORK NY 10027
Christina L Maier	officer: CFO	C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Sophia Haliotis	officer: SVP and CCO	75 WEST 125TH STREET, NEW YORK NY 10027
Michael T. Pugh	officer: President & COO	CARVER BANCORP, INC., 75 WEST 125TH STREET, NEW YORK NY 10027
Jones Lewis P. Iii	director	75 WEST 125TH STREET, NEW YORK NY 10027
Steven Bussey	director	75 WEST 125TH STREET, NEW YORK NY 10027
Jillian E Joseph	director	75 WEST 125TH STREET, NEW YORK NY 10027
Robert W Mooney	director	75 WEST 125TH STREET, NEW YORK NY 10027
Thomas K Ritter	director	120 CAMBRIDGE AVENUE, LINWOOD NJ 08221
Deborah C Wright	director, officer: President & CEO	CARVER BANCORP, INC, 75 W. 125TH STREET, NEW YORK NY 10027
Ingrid Lamae Dejongh	director	75 W. 125TH STREET, NEW YORK NY 10027
Grannum Colvin	director	75 WEST 125TH STREET, NEW YORK NY 10027
Kenneth Knuckles	director	75 WEST 125TH STREET, NEW YORK NY 10027