Nova Ljubljanska banka dd Ljubljana (LSE:NLB) Cash-to-Debt : 2.25 (As of Sep. 2024)

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What is Nova Ljubljanska banka dd Ljubljana 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. Nova Ljubljanska banka dd Ljubljana's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.25.

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, Nova Ljubljanska banka dd Ljubljana 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 Nova Ljubljanska banka dd Ljubljana's Cash-to-Debt or its related term are showing as below:

LSE:NLB' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.17 Med: 4.05 Max: 7.08
Current: 2.25

During the past 9 years, Nova Ljubljanska banka dd Ljubljana's highest Cash to Debt Ratio was 7.08. The lowest was 1.17. And the median was 4.05.

LSE:NLB's Cash-to-Debt is ranked better than
62.68% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs LSE:NLB: 2.25

Nova Ljubljanska banka dd Ljubljana Cash-to-Debt Historical Data

The historical data trend for Nova Ljubljanska banka dd Ljubljana'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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Nova Ljubljanska banka dd Ljubljana Cash-to-Debt Chart

Nova Ljubljanska banka dd Ljubljana Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.53

7.08

4.05

4.74

3.82

Nova Ljubljanska banka dd Ljubljana Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															3.69	3.82	3.30	2.43	2.25

Competitive Comparison of Nova Ljubljanska banka dd Ljubljana's Cash-to-Debt

For the Banks - Regional subindustry, Nova Ljubljanska banka dd Ljubljana'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.

Nova Ljubljanska banka dd Ljubljana's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nova Ljubljanska banka dd Ljubljana's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nova Ljubljanska banka dd Ljubljana's Cash-to-Debt falls into.

Nova Ljubljanska banka dd Ljubljana 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.

Nova Ljubljanska banka dd Ljubljana'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)
	=	6147.169	/	(0	+	1607.316)
	=	3.82

Nova Ljubljanska banka dd Ljubljana'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)
	=	4195.996	/	(0	+	1864.629)
	=	2.25

Nova Ljubljanska banka dd Ljubljana (LSE:NLB) 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.

Nova Ljubljanska banka dd Ljubljana Cash-to-Debt Related Terms

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

Nova Ljubljanska banka dd Ljubljana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nova Ljubljanska banka dd Ljubljana (LSE:NLB) » Definitions » Cash-to-Debt

Traded in Other Exchanges

NLBR:Slovenia NLBl:UK 55VX:UK N1V2:Germany

Address

Trg republike 2, Ljubljana, SVN, 1000

Website

https://www.nlb.si

Nova Ljubljanska banka dd Ljubljana formerly Nova Ljubljanska Banka DD is a Slovenia-based entity providing universal banking services. It is a principal provider of banking products, asset management, and insurance products. The company has six operating segments; Retail Banking in Slovenia, Corporate and Investment Banking in Slovenia, Strategic Foreign Markets, Financial Markets in Slovenia, Non-Core Members, and Other Activities. Its geographical divisions are Slovenia, Southeast Europe (North Macedonia, Serbia, Montenegro, Croatia, Bosnia & Herzegovina, and Kosovo), and Western Europe (Germany and Switzerland).

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