OTP Bank (LSE:OTPD) Cash-to-Debt : 2.60 (As of Sep. 2024)

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What is OTP Bank 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. OTP Bank's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.60.

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, OTP Bank 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 OTP Bank's Cash-to-Debt or its related term are showing as below:

LSE:OTPD' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.44 Med: 4.43 Max: 8.81
Current: 2.6

During the past 13 years, OTP Bank's highest Cash to Debt Ratio was 8.81. The lowest was 2.44. And the median was 4.43.

LSE:OTPD's Cash-to-Debt is ranked better than
66.02% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs LSE:OTPD: 2.60

OTP Bank Cash-to-Debt Historical Data

The historical data trend for OTP Bank'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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OTP Bank Cash-to-Debt Chart

OTP Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.05

4.48

5.28

4.44

3.17

OTP Bank 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															2.93	3.17	2.62	2.44	2.60

Competitive Comparison of OTP Bank's Cash-to-Debt

For the Banks - Regional subindustry, OTP Bank'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.

OTP Bank's Cash-to-Debt Distribution in the Banks Industry

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

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

OTP Bank 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.

OTP Bank'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)
	=	22269.201	/	(0	+	7027.02)
	=	3.17

OTP Bank'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)
	=	19730.397	/	(0	+	7590.176)
	=	2.60

OTP Bank (LSE:OTPD) 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.

OTP Bank Cash-to-Debt Related Terms

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OTP Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OTP Bank PLC (LSE:OTPD) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

OTP:Hungary 0M69:UK OTP:Germany

Address

16, Nador Street, Budapest, HUN, 1051

Website

https://www.otpbank.hu

OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.

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