GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Logansport Financial Corp (OTCPK:LOGN) » Definitions » Cash-to-Debt

LOGN (Logansport Financial) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Logansport Financial 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. Logansport Financial's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt (1).

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, Logansport Financial could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

LOGN' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

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

LOGN's Cash-to-Debt is ranked better than
99.6% of 1505 companies
in the Banks industry
Industry Median: 1.35 vs LOGN: No Debt

Logansport Financial Cash-to-Debt Historical Data

The historical data trend for Logansport Financial'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.

* Premium members only.

Logansport Financial Cash-to-Debt Chart

Logansport Financial Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 No Debt No Debt No Debt No Debt

Logansport Financial Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 No Debt No Debt No Debt No Debt

Competitive Comparison of Logansport Financial's Cash-to-Debt

For the Banks - Regional subindustry, Logansport Financial'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.


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

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

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


;
;

Logansport Financial 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.

Logansport Financial's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Logansport Financial had no debt (1).

Logansport Financial's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Logansport Financial had no debt (1).

* 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.


Logansport Financial  (OTCPK:LOGN) 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.


Logansport Financial Cash-to-Debt Related Terms

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


Logansport Financial Business Description

Traded in Other Exchanges
N/A
Address
723 East Broadway, Logansport, IN, USA, 46947
Logansport Financial Corp is the holding company for Logansport Savings Bank. Along with its subsidiary, the company is predominantly engaged in providing a full range of banking and financial services to individual and corporate customers in Cass County, Indiana, and surrounding counties.
Executives
Allen D Schieber officer: Senior Vice President C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Thomas G Williams director C/O LOGANSPORT FINANCIAL CORP, 723 EAST BROADWAY, LOGANSPORT IN 46947
David G Wihebrink director, officer: President and CEO C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
William Jr Tinchler director C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Charles J Evans director, officer: Senior Vice President C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947