CrossFirst Bankshares (CrossFirst Bankshares) Cash-to-Debt : 2.38 (As of Mar. 2024)

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What is CrossFirst Bankshares 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. CrossFirst Bankshares's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.38.

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, CrossFirst Bankshares could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

CFB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 0.93 Max: 2.94
Current: 2.38

During the past 7 years, CrossFirst Bankshares's highest Cash to Debt Ratio was 2.94. The lowest was 0.37. And the median was 0.93.

CFB's Cash-to-Debt is ranked better than
66.55% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs CFB: 2.38

CrossFirst Bankshares Cash-to-Debt Historical Data

The historical data trend for CrossFirst Bankshares'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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CrossFirst Bankshares Cash-to-Debt Chart

CrossFirst Bankshares Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.52

1.39

2.03

1.29

2.94

CrossFirst Bankshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.79	1.24	2.22	2.94	2.38

Competitive Comparison of CrossFirst Bankshares's Cash-to-Debt

For the Banks - Regional subindustry, CrossFirst Bankshares'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.

CrossFirst Bankshares's Cash-to-Debt Distribution in the Banks Industry

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

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

CrossFirst Bankshares 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.

CrossFirst Bankshares'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)
	=	255.229	/	(0	+	86.839)
	=	2.94

CrossFirst Bankshares's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	206.773	/	(1.549	+	85.202)
	=	2.38

CrossFirst Bankshares (NAS:CFB) 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.

CrossFirst Bankshares Cash-to-Debt Related Terms

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

CrossFirst Bankshares (CrossFirst Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CrossFirst Bankshares Inc (NAS:CFB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11440 Tomahawk Creek Parkway, Leawood, KS, USA, 66211

Website

https://www.crossfirstbank.com

CrossFirst Bankshares Inc is engaged in providing banking and financial services to businesses, business owners, professionals, and professional networks. The services offered by the company include Checking accounts, Savings accounts, Personal Loans, International Banking, Business Loans, and Treasury services. The company generates revenue from interest income and fees on loans and interest earned from its marketable securities portfolio.

Executives

Hansen George E. Iii	director	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael Kent Robinson	director	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
James W. Kuykendall	director	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley	officer: Chief Accounting Officer	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jennifer M Payne	officer: Chief Risk Officer	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Mason King	director	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
George Bruce	director	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Lance Humphreys	director	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Benjamin R Clouse	officer: CFO	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Amy C. Abrams	officer: General Counsel & Corp Sec	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jana Merfen	officer: CHIEF TECHNOLOGY OFFICER	11440 TOMAHAWK CREEK PKWY, LEAWOOD KS 66211
Mike Maddox	director	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
David L. O'toole	director, officer: CFO and Investment Officer	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jones George F Jr	director, officer: President and CEO	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Steve M Peterson	officer: Chief Banking Officer	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211