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TBBC (Triad Business Bank) Cash-to-Debt : 3.74 (As of Dec. 2023)


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What is Triad Business 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. Triad Business Bank's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.74.

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, Triad Business Bank could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TBBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.65   Med: 3.38   Max: 4.82
Current: 3.74

During the past 4 years, Triad Business Bank's highest Cash to Debt Ratio was 4.82. The lowest was 1.65. And the median was 3.38.

TBBC's Cash-to-Debt is ranked better than
73.34% of 1504 companies
in the Banks industry
Industry Median: 1.325 vs TBBC: 3.74

Triad Business Bank Cash-to-Debt Historical Data

The historical data trend for Triad Business 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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Triad Business Bank Cash-to-Debt Chart

Triad Business Bank Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
1.65 4.82 3.02 3.74

Triad Business Bank Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Cash-to-Debt 1.65 4.82 3.02 3.74

Competitive Comparison of Triad Business Bank's Cash-to-Debt

For the Banks - Regional subindustry, Triad Business 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.

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

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

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


Triad Business 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.

Triad Business 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)
=33.611 / (0 + 9)
=3.73

Triad Business Bank's Cash to Debt Ratio for the quarter 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)
=33.611 / (0 + 9)
=3.73

* 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.

Triad Business Bank  (OTCPK:TBBC) 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.

Triad Business Bank Cash-to-Debt Related Terms

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Triad Business Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Triad Business Bank (OTCPK:TBBC) » Definitions » Cash-to-Debt
Comparable Companies
NUBC EQFN GBNY WDFN SQCF INFT OTTW PBBK MFBP HCBN NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK SGX:D05 XPAR:BNP MIL:ISP MIL:UCG PNC NSE:SBIN
Traded in Other Exchanges
N/A
Address
1501 Highwoods Boulevard, Suite 103, Greensboro, NC, USA, 27410
Website
https://www.triadbusinessbank.com
Triad Business Bank is engaged in Commercial Lending, Private Banking, and providing treasury solutions. The bank has focused on commercial and private bank loans and deposits.