Business First Bancshares (Business First Bancshares) Cash-to-Debt : 0.37 (As of Dec. 2023)

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What is Business First Bancshares 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. Business First Bancshares's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.37.

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, Business First Bancshares 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 Business First Bancshares's Cash-to-Debt or its related term are showing as below:

BFST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 0.79 Max: 1.77
Current: 0.37

During the past 9 years, Business First Bancshares's highest Cash to Debt Ratio was 1.77. The lowest was 0.29. And the median was 0.79.

BFST's Cash-to-Debt is ranked worse than
77.97% of 1439 companies
in the Banks industry
Industry Median: 1.25 vs BFST: 0.37

Business First Bancshares Cash-to-Debt Historical Data

The historical data trend for Business First Bancshares'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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Business First Bancshares Cash-to-Debt Chart

Business First Bancshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.76

1.77

0.41

0.29

0.37

Business First Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.20	0.24	0.31	0.37

Competitive Comparison of Business First Bancshares's Cash-to-Debt

For the Banks - Regional subindustry, Business First Bancshares'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.

Business First Bancshares's Cash-to-Debt Distribution in the Banks Industry

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

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

Business First Bancshares 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.

Business First Bancshares'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)
	=	226.11	/	(0	+	616.188)
	=	0.37

Business First Bancshares'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)
	=	226.11	/	(0	+	616.188)
	=	0.37

Business First Bancshares (NAS:BFST) 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.

Business First Bancshares Cash-to-Debt Related Terms

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

Business First Bancshares (Business First Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Business First Bancshares Inc (NAS:BFST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Laurel Street, Suite 101, Baton Rouge, LA, USA, 70801

Website

https://www.b1bank.com

Business First Bancshares Inc is a United States-based bank holding company. The company's services include personal and commercial banking, treasury management, and wealth solutions. It provides a range of financial services to small-to-midsized businesses and professionals. The company generates most of its revenues from interest income on loans, customer service and loan fees, and interest income from securities.

Executives

Mark P. Folse	director, officer: EVP - b1BANK	500 LAUREL STREET, BATON ROUGE LA 70801
Rick D. Day	director	500 LAUREL STREET, BATON ROUGE LA 70801
Jesse Jackson	officer: EVP & Pres., Fin. Institutions	500 LAUREL STREET, BATON ROUGE LA 70801
Kathryn Manning	officer: Chief Risk Officer	500 LAUREL STREET, BATON ROUGE LA 70801
John P. Ducrest	director	500 LAUREL STREET, BATON ROUGE LA 70801
Greg Robertson	officer: CFO and Treasurer	500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Arthur Price	director	500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Steven Gerard White	director	500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Joseph Vernon Johnson	director	500 LAUREL STREET, BATON ROUGE LA 70801
Kenneth W. Smith	director	500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Andrew D. Mclindon	director	500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Mccollister Rolfe H. Jr.	director	500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Keith Mansfield	officer: EVP&COO of Business First Bank	500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Carol Calkins	director	500 LAUREL STREET, BATON ROUGE LA 70801
Smith Edgar R. Iii	director	400 EAST THOMAS STREET, HAMMOND LA 70401