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First Mid BancsharesFMBH +0.13%61 Cash-to-Debt is 1.07 as of Jun. 2026, which is 30% above its 10-year median of 0.82. GuruFocus rates FMBH with a GF Score™ of 61/100 and a GF Value™ of $38.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,492 Banks companies, First Mid Bancshares ranks worse than 55.97% on this metric.
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 Mid Bancshares's cash to debt ratio for the quarter that ended in Jun. 2026 was 1.07.
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, First Mid Bancsharescould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for First Mid Bancshares's Cash-to-Debt or its related term are showing as below:
FMBH'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.82 Max: 1.86
Current: 1.07
During the past 13 years, First Mid Bancshares's highest Cash to Debt Ratio was 1.86. The lowest was 0.23. And the median was 0.82.
FMBH's Cash-to-Debt is ranked worse than 55.97% of 1492
companies
in the Banks industry
Industry Median: 1.37
vs FMBH: 1.07
First Mid Bancshares (NAS:FMBH) 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 Mid Bancshares Cash-to-Debt Related Terms
First Mid Bancshares Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for First Mid Bancshares'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.
For the Banks - Regional subindustry, First Mid Bancshares'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 Mid Bancshares Cash-to-Debt vs Banks Industry
For the Banks industry and Financial Services sector, First Mid Bancshares's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where First Mid Bancshares's Cash-to-Debt falls into.
* 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.
First Mid Bancshares (FMBH) has a Cash-to-Debt of 1.07 as of Jun. 2026. This is 30% above median its historical median of 0.82. Over the past decade, First Mid Bancshares' Cash-to-Debt has ranged from 0.23 to 1.86. According to the industry distribution chart, First Mid Bancshares ranks #835 out of 1492 companies in the Banks industry, placing it in the top 56%.
Is First Mid Bancshares' Cash-to-Debt too high?
First Mid Bancshares' current Cash-to-Debt of 1.07 is 30% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.86. The Banks industry median Cash-to-Debt is 1.37. First Mid Bancshares' value of 1.07 is 21.9% below this industry median. Based on the distribution chart, First Mid Bancshares ranks #835 out of 1492 companies in the Banks industry, which is below the industry midpoint. Overall, First Mid Bancshares has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Mid Bancshares' Cash-to-Debt compare to WABC and ESQ?
According to the Banks industry distribution chart, First Mid Bancshares ranks #835 out of 1492 companies for Cash-to-Debt. This places First Mid Bancshares in the lower half of its industry. The industry median Cash-to-Debt is 1.37. First Mid Bancshares' value of 1.07 is 21.9% below this benchmark. Historically, First Mid Bancshares' own Cash-to-Debt has ranged from 0.23 to 1.86 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.37, First Mid Bancshares has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Banks company?
The median Cash-to-Debt among Banks companies is 1.37, based on 1,492 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Mid Bancshares's current Cash-to-Debt of 1.07 is 21.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median Cash-to-Debt is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Mid Bancshares's current Cash-to-Debt is 1.07, which is 30% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Mid Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Mid Bancshares (FMBH) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.26, compared to a current price of $51.13 — trading 33.6% above its estimated fair value. The current Cash-to-Debt is 1.07, which is 30% above median its 10-year median of 0.82 and 21.9% below the Banks industry median of 1.37. First Mid Bancshares' overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For First Mid Bancshares (FMBH), the current Cash-to-Debt is 1.07 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Mid Bancshares (FMBH) Overvalued in 2026?
Based on GuruFocus' analysis, First Mid Bancshares stock appears to be overvalued.
The current stock price of $51.13 is trading 33.6% above its estimated GF Value™ of $38.26.
GuruFocus considers First Mid Bancshares to be Significantly Overvalued.
Key valuation signals for FMBH:
Cash-to-Debt: 1.07 (30% above median its 10-year median of 0.82)
GF Value™: $38.26 vs. price of $51.13 (33.6% above fair value)
Industry Position: 21.9% below the Banks median (#835 of 1492)
No single metric tells the full story. See the FMBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is engaged in the business of banking. The company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, it also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
61GF Score
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