Prime Commercial Bank (XNEP:PCBL) Cash-to-Debt : 1.82 (As of Apr. 2024)

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What is Prime Commercial 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. Prime Commercial Bank's cash to debt ratio for the quarter that ended in Apr. 2024 was 1.82.

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, Prime Commercial Bank could pay off its debt using the cash in hand for the quarter that ended in Apr. 2024.

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

XNEP:PCBL' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.82 Med: 137.6 Max: No Debt
Current: 1.82

During the past 13 years, Prime Commercial Bank's highest Cash to Debt Ratio was No Debt. The lowest was 1.82. And the median was 137.60.

XNEP:PCBL's Cash-to-Debt is ranked better than
58.28% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs XNEP:PCBL: 1.82

Prime Commercial Bank Cash-to-Debt Historical Data

The historical data trend for Prime Commercial 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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Prime Commercial Bank Cash-to-Debt Chart

Prime Commercial Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

Get a 7-Day Free Trial

149.02

176.05

8.92

1.84

2.04

Prime Commercial Bank Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Cash-to-Debt	Get a 7-Day Free Trial															1.82	2.04	1.86	1.89	1.82

Competitive Comparison of Prime Commercial Bank's Cash-to-Debt

For the Banks - Regional subindustry, Prime Commercial 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.

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

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

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

Prime Commercial 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.

Prime Commercial Bank's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	26355.111	/	(0	+	12891.308)
	=	2.04

Prime Commercial Bank's Cash to Debt Ratio for the quarter that ended in Apr. 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)
	=	21500.39	/	(0	+	11821.213)
	=	1.82

Prime Commercial Bank (XNEP:PCBL) 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.

Prime Commercial Bank Cash-to-Debt Related Terms

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Prime Commercial Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prime Commercial Bank Ltd (XNEP:PCBL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kamalpokhari, Kathmandu, NPL

Website

https://www.primebank.com.np

Prime Commercial Bank Ltd is a commercial bank in Nepal. The company's operating segment includes Banking Operation; Treasury; Card and Others. It generates maximum revenue from the Banking Operation segment. The company is engaged in providing personal banking, business banking, retail banking and other services including SMS banking, E-Banking services, and other remittance services.

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