GSBX (Golden State Bancorp) Cash-to-Debt : 2.30 (As of Sep. 2024)

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What is Golden State 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. Golden State Bancorp's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.30.

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, Golden State Bancorp could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

GSBX' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.74 Med: 2.7 Max: 2.9
Current: 2.3

During the past 8 years, Golden State Bancorp's highest Cash to Debt Ratio was 2.90. The lowest was 1.74. And the median was 2.70.

GSBX's Cash-to-Debt is ranked better than
63.5% of 1507 companies
in the Banks industry
Industry Median: 1.28 vs GSBX: 2.30

Golden State Bancorp Cash-to-Debt Historical Data

The historical data trend for Golden State 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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Golden State Bancorp Cash-to-Debt Chart

Golden State Bancorp Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

1.74

2.90

2.55

2.70

Golden State Bancorp Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec19	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	N/A	2.80	2.88	2.30

Competitive Comparison of Golden State Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Golden State 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.

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

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

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

Golden State 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.

Golden State Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	76.138	/	(0	+	28.199)
	=	2.70

Golden State 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)
	=	112.175	/	(0	+	48.699)
	=	2.30

Golden State Bancorp (OTCPK:GSBX) 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.

Golden State Bancorp Cash-to-Debt Related Terms

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

Golden State Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Golden State Bancorp (OTCPK:GSBX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

500 North Brand Boulevard, Suite 2300, 23rd Floor, Glendale, CA, USA, 91203

Website

https://www.goldenstatebancorp.com

Golden State Bancorp is a state-chartered commercial lending institution specializing in residential/commercial real estate construction and mini-perm lending, and a full array of consumer loans. The company's primary source of revenue is providing loans to customers, who are predominately small and middle-market businesses and individuals.

Golden State Bancorp Headlines

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