Berner Kantonalbank AG (LTS:0QM2) Cash-to-Debt : 1.00 (As of Jun. 2024)

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What is Berner Kantonalbank AG 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. Berner Kantonalbank AG's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Berner Kantonalbank AG couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LTS:0QM2' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.81 Med: 1.16 Max: 2.11
Current: 1

During the past 13 years, Berner Kantonalbank AG's highest Cash to Debt Ratio was 2.11. The lowest was 0.81. And the median was 1.16.

LTS:0QM2's Cash-to-Debt is ranked worse than
58.08% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs LTS:0QM2: 1.00

Berner Kantonalbank AG Cash-to-Debt Historical Data

The historical data trend for Berner Kantonalbank AG'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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Berner Kantonalbank AG Cash-to-Debt Chart

Berner Kantonalbank AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.99

1.19

1.22

1.11

1.01

Berner Kantonalbank AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															1.08	1.11	1.09	1.01	1.00

Competitive Comparison of Berner Kantonalbank AG's Cash-to-Debt

For the Banks - Regional subindustry, Berner Kantonalbank AG'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.

Berner Kantonalbank AG's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Berner Kantonalbank AG's Cash-to-Debt falls into.

Berner Kantonalbank AG 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.

Berner Kantonalbank AG'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)
	=	7929.302	/	(0	+	7852.566)
	=	1.01

Berner Kantonalbank AG'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)
	=	7766.94	/	(0	+	7777.602)
	=	1.00

Berner Kantonalbank AG (LTS:0QM2) 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.

Berner Kantonalbank AG Cash-to-Debt Related Terms

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Berner Kantonalbank AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berner Kantonalbank AG (LTS:0QM2) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

BEKNz:UK BEKN:Switzerland

Address

Bundesplatz 8, Postfach, Bern, CHE, 3011

Website

https://www.bekb.ch

Berner Kantonalbank AG is a Swiss cantonal bank. It is engaged in the business activities in the Canton and the neighboring economic area. It manages the assets, grants loans to private individuals and companies. The bank offers solutions for paying, saving, investing, financing and provisioning. It focuses its activities on two core business areas namely business with private and corporate customers, in particular, SMEs, and asset management. The bank provides consultancies to SMEs and individuals, as an employer, as a training bank, and as a taxpayer.

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