Amana Bank (COL:ABL.N0000) Cash-to-Debt : 74.37 (As of Dec. 2024)

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What is Amana Bank 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. Amana Bank's cash to debt ratio for the quarter that ended in Dec. 2024 was 74.37.

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, Amana Bank could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

COL:ABL.N0000' s Cash-to-Debt Range Over the Past 10 Years
Min: 42.83 Med: 111.76 Max: No Debt
Current: 74.37

During the past 13 years, Amana Bank's highest Cash to Debt Ratio was No Debt. The lowest was 42.83. And the median was 111.76.

COL:ABL.N0000's Cash-to-Debt is ranked better than
92.72% of 1538 companies
in the Banks industry
Industry Median: 1.44 vs COL:ABL.N0000: 74.37

Amana Bank Cash-to-Debt Historical Data

The historical data trend for Amana Bank'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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Amana Bank Cash-to-Debt Chart

Amana Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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67.98

106.55

116.97

81.25

74.37

Amana Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															81.25	No Debt	No Debt	No Debt	74.37

Competitive Comparison of Amana Bank's Cash-to-Debt

For the Banks - Regional subindustry, Amana Bank'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.

Amana Bank's Cash-to-Debt Distribution in the Banks Industry

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

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

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Amana Bank 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.

Amana Bank's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	65313.263	/	(0	+	878.271)
	=	74.37

Amana Bank's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	65313.263	/	(0	+	878.271)
	=	74.37

Amana Bank (COL:ABL.N0000) 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.

Amana Bank Cash-to-Debt Related Terms

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

Amana Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Amana Bank PLC (COL:ABL.N0000) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

486, Galle Road, Colombo, LKA, 03

Website

https://www.amanabank.lk

Amana Bank PLC provides commercial banking services. Its services include accepting customer deposits, personal banking, lease financing, home, and property financing, advances against gold, resident and non-resident foreign currency operations. The reportable segment of the company is based on three operating segments. Consumer Banking segment includes individual customers' deposits and consumer financing including overdrafts, asset financing, and lease financing. The Business Banking segment, which is the key revenue driver, includes trade financing, overdraft, equipment, and machinery financing, and working capital financing and the Treasury segment includes placements of funds with other banks and financial institutions.

Amana Bank Headlines

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