Scotiabank PeruA (LIM:SCOTIAC1) Cash-to-Debt : 1.52 (As of Jun. 2024)

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What is Scotiabank PeruA 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. Scotiabank PeruA's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.52.

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, Scotiabank PeruA could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LIM:SCOTIAC1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.78 Med: 1.03 Max: 1.89
Current: 1.52

During the past 13 years, Scotiabank PeruA's highest Cash to Debt Ratio was 1.89. The lowest was 0.78. And the median was 1.03.

LIM:SCOTIAC1's Cash-to-Debt is ranked better than
53.34% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs LIM:SCOTIAC1: 1.52

Scotiabank PeruA Cash-to-Debt Historical Data

The historical data trend for Scotiabank PeruA'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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Scotiabank PeruA Cash-to-Debt Chart

Scotiabank PeruA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.19

1.59

1.31

0.79

0.98

Scotiabank PeruA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.92	0.82	0.98	1.39	1.52

Competitive Comparison of Scotiabank PeruA's Cash-to-Debt

For the Banks - Regional subindustry, Scotiabank PeruA'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.

Scotiabank PeruA's Cash-to-Debt Distribution in the Banks Industry

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

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

Scotiabank PeruA 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.

Scotiabank PeruA'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)
	=	11291.41	/	(0	+	11474.927)
	=	0.98

Scotiabank PeruA's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	12453.116	/	(0	+	8180.097)
	=	1.52

Scotiabank PeruA (LIM:SCOTIAC1) 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.

Scotiabank PeruA Cash-to-Debt Related Terms

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

Scotiabank PeruA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Scotiabank Peru SAA (LIM:SCOTIAC1) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Av. Dionisio Derteano No. 102, San Isidro, Lima, PER

Website

https://www.scotiabank.com.pe

Scotiabank Peru SAA provides personal and commercial banking across Peru. The bank also provides wealth management, private banking, corporate and investment banking, and capital markets services. Its products and services include saving and current accounts, money transfers, consumer and commercial loans, mortgages, fixed-term deposits, debit, and credit cards. It generates majority of its revenues through interest income.

Scotiabank PeruA Headlines

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