EVBN (Evans Bancorp) Cash-to-Debt : 0.78 (As of Sep. 2024)

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What is Evans 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. Evans Bancorp's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.78.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Evans Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

EVBN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 1.21 Max: 5.36
Current: 0.78

During the past 13 years, Evans Bancorp's highest Cash to Debt Ratio was 5.36. The lowest was 0.10. And the median was 1.21.

EVBN's Cash-to-Debt is ranked worse than
64.22% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs EVBN: 0.78

Evans Bancorp Cash-to-Debt Historical Data

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

Evans Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.53

1.20

3.54

0.10

0.13

Evans Bancorp 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															0.14	0.13	1.07	0.77	0.78

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

For the Banks - Regional subindustry, Evans 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.

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

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

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

Evans 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.

Evans Bancorp'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)
	=	23.467	/	(0	+	180.363)
	=	0.13

Evans Bancorp'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)
	=	128.082	/	(0	+	163.568)
	=	0.78

Evans Bancorp (AMEX:EVBN) 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.

Evans Bancorp Cash-to-Debt Related Terms

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

Evans Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Evans Bancorp Inc (AMEX:EVBN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6460 Main Street, Williamsville, NY, USA, 14221

Website

https://www.evansbancorp.com

Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.

Executives

John B Connerton	officer: Vice President/Controller	ONE GRIMSBY DRIVE, HAMBURG NY 14075
David J Nasca	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Miller Robert G Jr	director, officer: Pres. M&W Agency/ENB Assoc.	1845 LAKE ROAD, SILVER CREEK NY 14136
Lee C Wortham	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Jody L Lomeo	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Robert A James	director	6460 MAIN STREET, WILLIAMSVILLE NY 14221
Dawn Deperrior	director	45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kevin D Maroney	director	45 SOUTH MAIN STREET, FAIRPORT NY 14450
Waring Thomas H Jr	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Aaron Whitehouse	officer: President, The Evans Agency	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Oliver Sommer	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
St. George Mark G.	officer: President, The Evans Agency	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Kimberley A Minkel	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Christina P Orsi	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075
Michael A Battle	director	ONE GRIMSBY DRIVE, HAMBURG NY 14075