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Commerce BancsharesCBSH +0.03%81 Cash-to-Debt is 110.53 as of Jun. 2026, which is 54% below its 10-year median of 238.57. GuruFocus rates CBSH with a GF Score™ of 81/100 and a GF Value™ of $60.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,486 Banks companies, Commerce Bancshares ranks better than 92.73% on this metric.
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. Commerce Bancshares's cash to debt ratio for the quarter that ended in Jun. 2026 was 110.53.
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, Commerce Bancsharescould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Commerce Bancshares's Cash-to-Debt or its related term are showing as below:
CBSH'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.12 Med: 238.57 Max: 60230.54
Current: 110.53
During the past 13 years, Commerce Bancshares's highest Cash to Debt Ratio was 60230.54. The lowest was 1.12. And the median was 238.57.
CBSH's Cash-to-Debt is ranked better than 92.73% of 1486
companies
in the Banks industry
Industry Median: 1.4
vs CBSH: 110.53
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.
Commerce Bancshares Cash-to-Debt Related Terms
Commerce Bancshares Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Commerce Bancshares'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.
For the Banks - Regional subindustry, Commerce Bancshares'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.
Commerce Bancshares Cash-to-Debt vs Banks Industry
For the Banks industry and Financial Services sector, Commerce Bancshares's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Commerce Bancshares's Cash-to-Debt falls into.
* 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.
Commerce Bancshares (CBSH) has a Cash-to-Debt of 110.53 as of Jun. 2026. This is 54% below median its historical median of 238.57. Over the past decade, Commerce Bancshares' Cash-to-Debt has ranged from 1.12 to 60,230.54. According to the industry distribution chart, Commerce Bancshares ranks #108 out of 1486 companies in the Banks industry, placing it in the top 7.3%.
Is Commerce Bancshares' Cash-to-Debt too high?
Commerce Bancshares' current Cash-to-Debt of 110.53 is 54% below median its 10-year median of 238.57. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 60,230.54. The Banks industry median Cash-to-Debt is 1.40. Commerce Bancshares' value of 110.53 is 7795% above this industry median. Based on the distribution chart, Commerce Bancshares ranks #108 out of 1486 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Commerce Bancshares has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commerce Bancshares' Cash-to-Debt compare to BOKF and COLB?
According to the Banks industry distribution chart, Commerce Bancshares ranks #108 out of 1486 companies for Cash-to-Debt. This places Commerce Bancshares in the top 7% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 1.40. Commerce Bancshares' value of 110.53 is 7795% above this benchmark. Historically, Commerce Bancshares' own Cash-to-Debt has ranged from 1.12 to 60,230.54 over the past decade. While the company's 10-year median is 238.57 vs. the industry median of 1.40, Commerce Bancshares has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Banks company?
The median Cash-to-Debt among Banks companies is 1.40, based on 1,486 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Commerce Bancshares's current Cash-to-Debt of 110.53 is 7795% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median Cash-to-Debt is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commerce Bancshares's current Cash-to-Debt is 110.53, which is 54% below median its own 10-year median of 238.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Commerce Bancshares (CBSH) is currently considered Fairly Valued. The stock's GF Value™ is $60.58, compared to a current price of $57.73 — trading 4.7% below its estimated fair value. The current Cash-to-Debt is 110.53, which is 54% below median its 10-year median of 238.57 and 7795% above the Banks industry median of 1.40. Commerce Bancshares' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Commerce Bancshares (CBSH), the current Cash-to-Debt is 110.53 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Commerce Bancshares (CBSH) Overvalued in 2026?
Based on GuruFocus' analysis, Commerce Bancshares stock appears to be undervalued.
The current stock price of $57.73 is trading 4.7% below its estimated GF Value™ of $60.58.
GuruFocus considers Commerce Bancshares to be Fairly Valued.
Key valuation signals for CBSH:
Cash-to-Debt: 110.53 (54% below median its 10-year median of 238.57)
GF Value™: $60.58 vs. price of $57.73 (4.7% below fair value)
Industry Position: 7795% above the Banks median (#108 of 1486)
No single metric tells the full story. See the CBSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commerce Bancshares Inc operates as the bank holding company for Commerce Bank. The bank is engaged in the general banking business, providing a broad range of retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals, businesses, and municipalities. The company has three reportable segments. The Commercial segment provides lending, leasing, deposit, payment, and cash management services to business and government customers. The Retail Banking segment offers consumer deposits, consumer lending, mortgage banking, and debit and credit card services through its branch network. The Wealth segment provides trust, estate planning, brokerage, and investment management services to individual and institutional clients.
81GF Score
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