FRAF (Franklin Financial Services) Cash-to-Debt : 0.90 (As of Sep. 2024)

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What is Franklin Financial Services 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. Franklin Financial Services's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.90.

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, Franklin Financial Services 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 Franklin Financial Services's Cash-to-Debt or its related term are showing as below:

FRAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 10.14 Max: No Debt
Current: 0.9

During the past 13 years, Franklin Financial Services's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was 10.14.

FRAF's Cash-to-Debt is ranked worse than
60.77% of 1499 companies
in the Banks industry
Industry Median: 1.29 vs FRAF: 0.90

Franklin Financial Services Cash-to-Debt Historical Data

The historical data trend for Franklin Financial Services'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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Franklin Financial Services Cash-to-Debt Chart

Franklin Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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17.94

2.81

7.59

3.06

0.19

Franklin Financial Services 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															0.61	0.19	0.61	0.60	0.90

Competitive Comparison of Franklin Financial Services's Cash-to-Debt

For the Banks - Regional subindustry, Franklin Financial Services'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.

Franklin Financial Services's Cash-to-Debt Distribution in the Banks Industry

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

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

Franklin Financial Services 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.

Franklin Financial Services'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)
	=	29.369	/	(0	+	154.477)
	=	0.19

Franklin Financial Services'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)
	=	238.066	/	(0	+	264.094)
	=	0.90

Franklin Financial Services (NAS:FRAF) 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.

Franklin Financial Services Cash-to-Debt Related Terms

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

Franklin Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Franklin Financial Services Corp (NAS:FRAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1500 Nitterhouse Drive, Chambersburg, PA, USA, 17201-0819

Website

https://www.franklinfin.com

Franklin Financial Services Corp is a bank holding company based in the United States. It is engaged in general commercial, retail banking and trust services normally associated with community banks. It offers a broad range of banking services to businesses, individuals, and governmental entities which includes accepting and maintaining cheques, savings, and time deposit accounts, providing investment and trust services, making loans and providing safe deposit facilities. The bank also performs personal, corporate, pension and fiduciary services through its Investment and Trust Services Department.

Executives

Karen K Carmack	officer: SVP	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Gregory A Duffey	director	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Jennings Allan E Jr	director	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201-6010
Carroll Charles Benner Jr	officer: COO	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Mark R Hollar	officer: CFO	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Timothy G Henry	officer: President	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Kimberly Rzomp	director	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Gregory I Snook	director	19419 PEARL DR., HAGERSTOWN MD 21742
Kevin W Craig	director	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Patricia A Hanks	officer: SVP	20 SOUTH MAIN STREET, PO BOX 6010, CHAMBERSBURG PA 17201
Steven M Poynot	officer: COO	8004 BRIGHT LIGHT PLACE, ELLICOTT CITY MD 21043
David M Long	officer: SVP	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Joseph C Lieb	officer: SVP	2 W. MULBERRY HILL ROAD, CARLISLE PA 17013
Louis J Giustini	officer: SVP	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
G Warren Elliott	director	1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201-6010