WOBK (Woodsboro Bk MD) Cash-to-Debt : 21.69 (As of Dec. 2023)

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What is Woodsboro Bk MD 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. Woodsboro Bk MD's cash to debt ratio for the quarter that ended in Dec. 2023 was 21.69.

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, Woodsboro Bk MD 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 Woodsboro Bk MD's Cash-to-Debt or its related term are showing as below:

WOBK' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.88 Med: 21.69 Max: 30.32
Current: 21.69

During the past 5 years, Woodsboro Bk MD's highest Cash to Debt Ratio was 30.32. The lowest was 4.88. And the median was 21.69.

WOBK's Cash-to-Debt is ranked better than
90.03% of 1504 companies
in the Banks industry
Industry Median: 1.325 vs WOBK: 21.69

Woodsboro Bk MD Cash-to-Debt Historical Data

The historical data trend for Woodsboro Bk MD'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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Woodsboro Bk MD Cash-to-Debt Chart

Woodsboro Bk MD Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

4.88

30.32

28.03

14.14

21.69

Woodsboro Bk MD Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	4.88	30.32	28.03	14.14	21.69

Competitive Comparison of Woodsboro Bk MD's Cash-to-Debt

For the Banks - Regional subindustry, Woodsboro Bk MD'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.

Woodsboro Bk MD's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Woodsboro Bk MD's Cash-to-Debt falls into.

Woodsboro Bk MD 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.

Woodsboro Bk MD'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)
	=	25.176	/	(0	+	1.161)
	=	21.68

Woodsboro Bk MD'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)
	=	25.176	/	(0	+	1.161)
	=	21.68

Woodsboro Bk MD (OTCPK:WOBK) 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.

Woodsboro Bk MD Cash-to-Debt Related Terms

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Woodsboro Bk MD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woodsboro Bk MD (OTCPK:WOBK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 North Main Street, Woodsboro, MD, USA, 21798

Website

https://www.woodsborobank.com

Woodsboro Bk MD provides a variety of financial services to individuals and corporate customers in its principal market area of Frederick County, Maryland through its five offices in Woodsboro, Frederick, and Thurmont, Maryland.

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