FBPI (First Bancorp of Indiana) Cash-to-Debt : 0.07 (As of Jun. 2024)

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What is First Bancorp of Indiana 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. First Bancorp of Indiana's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.07.

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, First Bancorp of Indiana couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

FBPI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 0.14
Current: 0.07

During the past 13 years, First Bancorp of Indiana's highest Cash to Debt Ratio was 0.14. The lowest was 0.07. And the median was 0.12.

FBPI's Cash-to-Debt is ranked worse than
95.49% of 1529 companies
in the Banks industry
Industry Median: 1.37 vs FBPI: 0.07

First Bancorp of Indiana Cash-to-Debt Historical Data

The historical data trend for First Bancorp of Indiana'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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First Bancorp of Indiana Cash-to-Debt Chart

First Bancorp of Indiana Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.09

0.14

0.10

0.07

First Bancorp of Indiana Semi-Annual Data
	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun19	Jun20	Jun21	Jun22	Jun23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial											0.09	0.14	0.14	0.10	0.07

Competitive Comparison of First Bancorp of Indiana's Cash-to-Debt

For the Banks - Regional subindustry, First Bancorp of Indiana'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.

First Bancorp of Indiana's Cash-to-Debt Distribution in the Banks Industry

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

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

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First Bancorp of Indiana 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.

First Bancorp of Indiana's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	8.57	/	(0	+	129.894)
	=	0.07

First Bancorp of Indiana's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	8.57	/	(0	+	129.894)
	=	0.07

First Bancorp of Indiana (OTCPK:FBPI) 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.

First Bancorp of Indiana Cash-to-Debt Related Terms

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First Bancorp of Indiana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancorp of Indiana Inc (OTCPK:FBPI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5001 Davis Lant Drive, Evansville, IN, USA, 47715

Website

https://www.firstfedsavings.bank

First Bancorp of Indiana Inc is a banking company. It provides full banking services and generates commercial, mortgage, and consumer loans, and receives deposits from customers. The company accepts various deposit products, including checking, money market, savings, health savings, and individual retirement accounts (IRA); certificates of deposit; and commercial checking, community first checking, and small business checking accounts.