ICICI Bank (BSP:I1BN34) Cash-to-Debt

: 0.60 (As of Dec. 2023)

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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. ICICI Bank's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.60.

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, ICICI Bank 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 ICICI Bank's Cash-to-Debt or its related term are showing as below:

BSP:I1BN34' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 0.69 Max: 1.35
Current: 0.6

During the past 13 years, ICICI Bank's highest Cash to Debt Ratio was 1.35. The lowest was 0.29. And the median was 0.69.

BSP:I1BN34's Cash-to-Debt is ranked worse than
67.73% of 1447 companies
in the Banks industry
Industry Median: 1.22 vs BSP:I1BN34: 0.60

ICICI Bank Cash-to-Debt Historical Data

The historical data trend for ICICI 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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ICICI Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.58

0.80

1.29

1.35

0.89

ICICI Bank 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																0.73	0.89	0.70	0.68	0.60

Competitive Comparison

For the Banks - Regional subindustry, ICICI 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.

ICICI Bank Cash-to-Debt Distribution

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

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

ICICI 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.

ICICI Bank's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	103560.624	/	(6206.193	+	109980.501)
	=	0.89

ICICI 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)
	=	71477.314	/	(0	+	118276.337)
	=	0.60

ICICI Bank (BSP:I1BN34) 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.

ICICI Bank Cash-to-Debt Related Terms

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ICICI Bank (BSP:I1BN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ICICI Bank Ltd (BSP:I1BN34) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IBN:USA ICICIBANK:India 532174:India ICBA:Germany IBN:Argentina

Address

ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051

Website

https://www.icicibank.com

ICICI Bank Ltd provides banking services. The company's operating segments include Retail Banking; Wholesale Banking; Treasury, Life insurance, and Other Banking Businesses. The company generates maximum revenue from the Retail Banking segment which includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs.

ICICI Bank (BSP:I1BN34) Headlines

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