CTUY (Century Next Financial) Cash-to-Debt : 16.46 (As of Sep. 2024)

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What is Century Next Financial 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. Century Next Financial's cash to debt ratio for the quarter that ended in Sep. 2024 was 16.46.

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, Century Next Financial could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

CTUY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.95 Med: 3.86 Max: 16.46
Current: 16.46

During the past 13 years, Century Next Financial's highest Cash to Debt Ratio was 16.46. The lowest was 0.95. And the median was 3.86.

CTUY's Cash-to-Debt is ranked better than
88% of 1533 companies
in the Banks industry
Industry Median: 1.35 vs CTUY: 16.46

Century Next Financial Cash-to-Debt Historical Data

The historical data trend for Century Next Financial'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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Century Next Financial Cash-to-Debt Chart

Century Next Financial Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.73

4.25

4.99

2.80

12.15

Century Next Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															8.33	12.15	13.38	16.07	16.46

Competitive Comparison of Century Next Financial's Cash-to-Debt

For the Banks - Regional subindustry, Century Next Financial'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.

Century Next Financial's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Century Next Financial's Cash-to-Debt falls into.

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Century Next Financial 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.

Century Next Financial'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)
	=	102.711	/	(0	+	8.454)
	=	12.15

Century Next Financial's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	139.142	/	(0	+	8.454)
	=	16.46

Century Next Financial (OTCPK:CTUY) 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.

Century Next Financial Cash-to-Debt Related Terms

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

Century Next Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Century Next Financial Corp (OTCPK:CTUY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 North Vienna Street, Ruston, LA, USA, 71270

Website

https://www.cnext.bank

Century Next Financial Corp is the United States-based holding company for Bank of Ruston. The Bank is a full-service bank that emphasizes professional and personal banking services directed to small and medium-sized businesses, professionals, and individuals. The Bank provides a full range of banking services including its business of real estate lending to residential and commercial customers.

Executives

William D Hogan	director, officer: EVP Business Development	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Thomas W Rogers	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
David Layne Weeks	officer: SVP and Chief Credit Officer*	BANK OF RUSTON, 505 N. VIENNA STREET, RUSTON LA 71270
Mark Anthony Taylor	officer: Chief Financial Officer	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Oneal Dan E Iii	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Benjamin L Denny	director, officer: President and CEO	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Warren L Post	officer: (1) VP and Mortgage Lender	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Lorie R Hamlin	officer: (1) VP and Operations Manager	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
James H Hall	officer: (1) SVP & Chief Credit Officer	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Scott R Thompson	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Daniel D Reneau	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Barbara L Ford	officer: (1) SVP and IT Officer	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
G Randall Allison	officer: (1) Vice President and CFO	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
Neal Walpole	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270
J Brandon Ewing	director	CENTURY NEXT FINANCIAL CORPORATION, 505 NORTH VIENNA STREET, RUSTON LA 71270