Bank of Georgia Group (LSE:BGEO) Cash-to-Debt : 1.39 (As of Dec. 2023)

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What is Bank of Georgia Group 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. Bank of Georgia Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.39.

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, Bank of Georgia Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:BGEO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.7 Med: 0.83 Max: 1.68
Current: 1.39

During the past 13 years, Bank of Georgia Group's highest Cash to Debt Ratio was 1.68. The lowest was 0.70. And the median was 0.83.

LSE:BGEO's Cash-to-Debt is ranked better than
52.88% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs LSE:BGEO: 1.39

Bank of Georgia Group Cash-to-Debt Historical Data

The historical data trend for Bank of Georgia Group'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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Bank of Georgia Group Cash-to-Debt Chart

Bank of Georgia Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.86

0.95

0.80

1.68

1.39

Bank of Georgia Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.68	1.07	1.39	1.30	1.39

Competitive Comparison of Bank of Georgia Group's Cash-to-Debt

For the Banks - Regional subindustry, Bank of Georgia Group'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.

Bank of Georgia Group's Cash-to-Debt Distribution in the Banks Industry

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

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

Bank of Georgia Group 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.

Bank of Georgia Group'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)
	=	1370.948	/	(0	+	986.31)
	=	1.39

Bank of Georgia Group's Cash to Debt Ratio for the quarter 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)
	=	1370.948	/	(0	+	986.31)
	=	1.39

Bank of Georgia Group (LSE:BGEO) 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.

Bank of Georgia Group Cash-to-Debt Related Terms

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

Bank of Georgia Group (LSE:BGEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Georgia Group PLC (LSE:BGEO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BDGSF:USA BGEOl:UK GEB:Germany

Address

42 Brook Street, London, GBR, W1K 5DB

Website

http://www.bankofgeorgiagroup.com

Bank of Georgia Group PLC offers banking services. The company through its banking divisions involves in various business which includes retail banking and payment services, corporate investment banking and wealth management operations, and banking operations in Belarus which forms the core entity of the group's banking business. The Bank has operating outlets in all cities of Georgia.

Bank of Georgia Group (LSE:BGEO) Headlines

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