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Grand Bank (Grand Bank) Cash-to-Debt : 0.00 (As of . 20)


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What is Grand Bank 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. Grand Bank's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Grand Bank couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

GABK's Cash-to-Debt is not ranked *
in the Banks industry.
Industry Median: 1.29
* Ranked among companies with meaningful Cash-to-Debt only.

Grand Bank Cash-to-Debt Historical Data

The historical data trend for Grand Bank'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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Grand Bank Cash-to-Debt Chart

Grand Bank Annual Data
Trend
Cash-to-Debt

Grand Bank Quarterly Data
Cash-to-Debt

Competitive Comparison of Grand Bank's Cash-to-Debt

For the Banks - Regional subindustry, Grand Bank'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.


Grand Bank's Cash-to-Debt Distribution in the Banks Industry

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

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



Grand Bank Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities 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.

Grand Bank's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Grand Bank's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Grand Bank  (OTCPK:GABK) 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.


Grand Bank Cash-to-Debt Related Terms

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


Grand Bank (Grand Bank) Business Description

Traded in Other Exchanges
N/A
Address
91 Pleasant Street, P.O. Box 4, Marblehead, MA, USA, 01945-3310
Grand Bank Corp provides various banking products and services. The company offers personal and business checking and savings accounts; money market and merchant accounts; credit and debit cards; convenience services; certificates of deposit and retirement services; types of mortgages.

Grand Bank (Grand Bank) Headlines

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