SGBG (Signature Bank Georgiandy Springs) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Signature Bank Georgiandy Springs 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. Signature Bank Georgiandy Springs's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Signature Bank Georgiandy Springs could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

SGBG' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.25 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Signature Bank Georgiandy Springs's highest Cash to Debt Ratio was No Debt. The lowest was 10.25. And the median was No Debt.

SGBG's Cash-to-Debt is ranked better than
99.54% of 1514 companies
in the Banks industry
Industry Median: 1.36 vs SGBG: No Debt

Signature Bank Georgiandy Springs Cash-to-Debt Historical Data

The historical data trend for Signature Bank Georgiandy Springs'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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Signature Bank Georgiandy Springs Cash-to-Debt Chart

Signature Bank Georgiandy Springs Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

10.25

21.88

No Debt

Signature Bank Georgiandy Springs Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	10.25	21.88	No Debt	No Debt	No Debt

Competitive Comparison of Signature Bank Georgiandy Springs's Cash-to-Debt

For the Banks - Regional subindustry, Signature Bank Georgiandy Springs'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.

Signature Bank Georgiandy Springs's Cash-to-Debt Distribution in the Banks Industry

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

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

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Signature Bank Georgiandy Springs 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.

Signature Bank Georgiandy Springs's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Signature Bank Georgiandy Springs had no debt ⁽¹⁾.

Signature Bank Georgiandy Springs's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Signature Bank Georgiandy Springs had no debt ⁽¹⁾.

Signature Bank Georgiandy Springs (OTCPK:SGBG) 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.

Signature Bank Georgiandy Springs Cash-to-Debt Related Terms

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Signature Bank Georgiandy Springs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Signature Bank Georgia Sandy Springs (OTCPK:SGBG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6065 Roswell Road, Suite 600, Sandy Springs, GA, USA, 30328

Website

https://www.signaturebankga.com

Signature Bank Georgia Sandy Springs provides a full range of banking services in its primary market area of Fulton, Gwinnett and DeKalb Counties and the surrounding counties.