Henry County Bancshares (Henry County Bancshares) Cash-to-Debt : 292.60 (As of Mar. 2011)

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What is Henry County Bancshares 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. Henry County Bancshares's cash to debt ratio for the quarter that ended in Mar. 2011 was 292.60.

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, Henry County Bancshares could pay off its debt using the cash in hand for the quarter that ended in Mar. 2011.

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

HYCY's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.3
* Ranked among companies with meaningful Cash-to-Debt only.

Henry County Bancshares Cash-to-Debt Historical Data

The historical data trend for Henry County 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.

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Henry County Bancshares Cash-to-Debt Chart

Henry County Bancshares Annual Data

Trend

Dec05

Dec06

Dec07

Dec09

Dec10

Cash-to-Debt

0.82

0.78

1.46

26.62

42.94

Henry County Bancshares Quarterly Data
	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11
Cash-to-Debt	Get a 7-Day Free Trial															N/A	66.71	226.78	42.94	292.60

Competitive Comparison of Henry County Bancshares's Cash-to-Debt

For the Banks - Regional subindustry, Henry County 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.

Henry County Bancshares's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Henry County Bancshares's Cash-to-Debt falls into.

Henry County Bancshares 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.

Henry County Bancshares's Cash to Debt Ratio for the fiscal year that ended in Dec. 2010 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)
	=	32.422	/	(0	+	0.755)
	=	42.94

Henry County Bancshares's Cash to Debt Ratio for the quarter that ended in Mar. 2011 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)
	=	44.475	/	(0	+	0.152)
	=	292.60

Henry County Bancshares (OTCPK:HYCY) 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.

Henry County Bancshares Cash-to-Debt Related Terms

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Henry County Bancshares (Henry County Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Henry County Bancshares Inc (OTCPK:HYCY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.firststateonline.com

Henry County Bancshares, Inc was incoporated in gerogia, operates as the holding company for The First State Bank that provides various commercial and consumer banking services to individuals and small businesses in Georgia. The company's deposit products include checking, passbook savings, and money market accounts; time deposits; and interest-bearing and non-interest-bearing demand deposits. Its lending portfolio comprises commercial real estate loans; residential construction and development loans; commercial construction loans; loans secured by first or second mortgages on residential real estate; commercial loans to small and medium sized businesses for purposes, such as new or upgrades to plant and equipment, inventory acquisition, and various working capital purposes; home equity loans; loans secured by savings accounts; and consumer loans consisting of installment loans to individuals for personal, family, and household purposes. The company serves customers in Henry and adjacent counties through its main office and six full service branches located in Stockbridge, Ellenwood, McDonough, and Locust Grove, Georgia.

Henry County Bancshares (Henry County Bancshares) Headlines

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