Citystatevings Bank (PHS:CSB) Cash-to-Debt : 6.58 (As of Mar. 2024)

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What is Citystatevings 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. Citystatevings Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 6.58.

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, Citystatevings Bank could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

PHS:CSB' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.58 Med: No Debt Max: No Debt
Current: 6.58

During the past 13 years, Citystatevings Bank's highest Cash to Debt Ratio was No Debt. The lowest was 6.58. And the median was No Debt.

PHS:CSB's Cash-to-Debt is ranked better than
83.45% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs PHS:CSB: 6.58

Citystatevings Bank Cash-to-Debt Historical Data

The historical data trend for Citystatevings 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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Citystatevings Bank Cash-to-Debt Chart

Citystatevings Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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10.47

19.61

15.41

9.06

7.68

Citystatevings Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	7.68	6.58

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

For the Banks - Regional subindustry, Citystatevings 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.

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

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

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

Citystatevings 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.

Citystatevings 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)
	=	638.476	/	(0	+	83.087)
	=	7.68

Citystatevings Bank's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	815.005	/	(0	+	123.931)
	=	6.58

Citystatevings Bank (PHS:CSB) 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.

Citystatevings Bank Cash-to-Debt Related Terms

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

Citystatevings Bank (PHS:CSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citystate Savings Bank Inc (PHS:CSB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

709 Shaw Boulevard, 2nd Floor, Citystate Centre Building, Metro Manila, Pasig, PHL, 1600

Website

https://www.citystatesavings.com

Citystate Savings Bank Inc offers banking services, such as but not limited to deposit products and services, cash management, onsite/offsite ATM facilities, corporate and retail banking and treasury services. The bank caters to the needs of corporate, middle-market, and retail clients. In its credit and financing business, the bank provides a venue for consumer/personal loans by accepting jewelry for instant cash loans, aside from its own lending activities of servicing commercial loans, real estate and development loans, auto loan financing, salary loans, agricultural loans and a host of other financial services.