Sierra Bancorp (Sierra Bancorp) Cash-to-Debt : 0.18 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Sierra Bancorp 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. Sierra Bancorp's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.18.

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

BSRR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.86 Max: 3.05
Current: 1.4

During the past 13 years, Sierra Bancorp's highest Cash to Debt Ratio was 3.05. The lowest was 0.18. And the median was 0.86.

BSRR's Cash-to-Debt is ranked better than
54% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs BSRR: 1.40

Sierra Bancorp Cash-to-Debt Historical Data

The historical data trend for Sierra Bancorp'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.

* Premium members only.

Sierra Bancorp Cash-to-Debt Chart

Sierra Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.46

0.40

3.05

0.25

0.18

Sierra Bancorp 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															0.28	0.25	0.22	0.18	1.40

Competitive Comparison of Sierra Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Sierra Bancorp'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.

Sierra Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

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

Sierra Bancorp 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.

Sierra Bancorp'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)
	=	78.602	/	(360.5	+	84.964)
	=	0.18

Sierra Bancorp'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)
	=	78.602	/	(360.5	+	84.964)
	=	0.18

Sierra Bancorp (NAS:BSRR) 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.

Sierra Bancorp Cash-to-Debt Related Terms

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

Sierra Bancorp (Sierra Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sierra Bancorp (NAS:BSRR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

86 North Main Street, P.O. Box 1930, Porterville, CA, USA, 93257

Website

https://www.sierrabancorp.com

Sierra Bancorp is a California-based bank holding company, which offers a range of retail and commercial banking services. it offers a wide range of deposit products and services for individuals and businesses including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural, and consumer loans, and also offers commercial construction loans and multifamily and agricultural credit facilities among other types of real estate loans.

Executives

Susan M Abundis	director	86 NORTH MAIN STREET, POTERVILLE CA 93257
Natalia M Coen	officer: EVP/CRO	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Laurence S Dutto	director	86 N MAIN STREET, PORTERVILLE CA 93257
Gordon T Woods	director	200 E HENDERSON, PORTERVILLE CA 93258
Julie G Castle	director	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Michele M Gil	director	86 NORTH MAIN STREET, PORTERVILLE CA 93257
James C Holly	director
Michael Olague	officer: EVP/Chief Banking Officer	86 N MAIN STREET, PORTERVILLE CA 93257
Cindy L Dabney	officer: SVP/Chief Accounting Officer	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Ermina Karim	director	86 NORTH MAIN STREET, PORTERVILLE CA 93257
Lynda Scearcy	director	86 N. MAIN STREET, PORTERVILLE CA 93257
Jennifer Ann Johnson	officer: EVP/Chief Admin. Officer	7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Vonn R Christenson	director	86 N MAIN STREET, PORTERVILLE CA 93257
Christopher G Treece	officer: EVP/Chief Financial Officer	1331 17TH STREET, SUITE 200, DENVER CO 80202
Kevin J Mcphaill	officer: President/CEO	86 N MAIN STREET, PORTERVILLE CA 93257