United Bankshares (United Bankshares) Cash-to-Debt : 0.77 (As of Dec. 2023)

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What is United Bankshares 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. United Bankshares's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.77.

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, United Bankshares couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

UBSI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 0.78 Max: 4.16
Current: 0.85

During the past 13 years, United Bankshares's highest Cash to Debt Ratio was 4.16. The lowest was 0.39. And the median was 0.78.

UBSI's Cash-to-Debt is ranked worse than
64% of 1436 companies
in the Banks industry
Industry Median: 1.275 vs UBSI: 0.85

United Bankshares Cash-to-Debt Historical Data

The historical data trend for United Bankshares'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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United Bankshares Cash-to-Debt Chart

United Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.39

2.36

4.16

0.48

0.77

United Bankshares 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															0.63	0.69	0.71	0.77	0.85

Competitive Comparison of United Bankshares's Cash-to-Debt

For the Banks - Regional subindustry, United Bankshares'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.

United Bankshares's Cash-to-Debt Distribution in the Banks Industry

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

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

United Bankshares 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.

United Bankshares'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)
	=	1597.773	/	(196.095	+	1881.988)
	=	0.77

United Bankshares'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)
	=	1597.773	/	(196.095	+	1881.988)
	=	0.77

United Bankshares (NAS:UBSI) 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.

United Bankshares Cash-to-Debt Related Terms

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

United Bankshares (United Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bankshares Inc (NAS:UBSI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

UNK:Germany

Address

500 Virginia Street, 300 United Center, East Charleston, Charleston, WV, USA, 25301

Website

https://www.ubsi-inc.com

United Bankshares Inc is a financial holding company that provides banking services. The company operates in two segments: Community banking, which accepts deposits, makes loans (for personal, credit card, commercial, and construction uses), provides brokerage services, safe deposit boxes, and related services; and Mortgage banking, which offers and acquires home mortgages through an indirectly owned subsidiary. Nearly all revenue comes from the community banking segment.

Executives

Peter A Converse	director	1201 NORTH NASH ST #502, ARLINGTON VA 22209
Gary G White	director	514 MARKET STREET, PARKERSBURG WV 26101
Kayes Henry M Jr	officer: EVP	122 NORTH ROSEMONT, MARTINSBURG WV 25401
Rice Lacy I Iii	director	514 MARKET ST, PARKERSBURG WV 26101
Diana Lewis Jackson	director	514 MARKET ST, PARKERSBURG WV 26101
Michael P Fitzgerald	director	C/O UNITED BANKSHARES, INC., 514 MARKET ST, PARKERSBURG WV 26101
J Paul Mcnamara	director	514 MARKET STREET, PARKERSBURG WV 26101
Adams Richard M Sr	director, officer: Chairman of the Board & CEO	514 MARKET STREET, PARKERSBURG WV 26101
Matthew L Humphrey	officer: Executive Vice President	514 MARKET ST., PARKERSBURG WV 26101
Chad J Mildren	officer: Executive Vice President	514 MARKET ST., PARKERSBURG WV 26101
Michael Proctor	officer: Executive Vice President	514 MARKET ST., PARKERSBURG WV 26101
Ami L Shaver	officer: Executive Vice President	514 MARKET ST., PARKERSBURG WV 26101
Anna J Schultheis	officer: Executive Vice President	514 MARKET ST, PARKERSBURG WV 26101
Julie R Gurtis	officer: Executive Vice President	514 MARKET ST., PARKERSBURG WV 26101
Ross M Draber	officer: Executive Vice President	514 MARKET ST., PARKERSBURG WV 26101