Banco Hipotecario (BUE:BHIP) Cash-to-Debt : 1.86 (As of Dec. 2023)

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What is Banco Hipotecario 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. Banco Hipotecario's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.86.

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

BUE:BHIP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.78 Max: 1.86
Current: 1.86

During the past 13 years, Banco Hipotecario's highest Cash to Debt Ratio was 1.86. The lowest was 0.14. And the median was 0.78.

BUE:BHIP's Cash-to-Debt is ranked better than
61.18% of 1440 companies
in the Banks industry
Industry Median: 1.245 vs BUE:BHIP: 1.86

Banco Hipotecario Cash-to-Debt Historical Data

The historical data trend for Banco Hipotecario'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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Banco Hipotecario Cash-to-Debt Chart

Banco Hipotecario Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.63

0.68

0.87

1.41

1.86

Banco Hipotecario 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															1.41	1.62	1.43	1.36	1.86

Competitive Comparison of Banco Hipotecario's Cash-to-Debt

For the Banks - Regional subindustry, Banco Hipotecario'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.

Banco Hipotecario's Cash-to-Debt Distribution in the Banks Industry

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

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

Banco Hipotecario 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.

Banco Hipotecario'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)
	=	98793.594	/	(0	+	53245.483)
	=	1.86

Banco Hipotecario'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)
	=	98793.594	/	(0	+	53245.483)
	=	1.86

Banco Hipotecario (BUE:BHIP) 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.

Banco Hipotecario Cash-to-Debt Related Terms

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

Banco Hipotecario (BUE:BHIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Hipotecario SA (BUE:BHIP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Reconquista 151, Buenos Aires, ARG

Website

http://www.hipotecario.com.ar

Banco Hipotecario SA acts as a banking corporation based in Argentina. The company's operating segment includes Finance, Wholesale Banking, Retail Banking, and Others. Retail Banking segment includes loans granted and other credit products, such as deposit taking from individuals. The Wholesale Banking segment encompasses corporate and financial advice, as well as asset management and loans to large customers. It generates maximum revenue from the Retail banking segment. Some of its product include mortgage credits, personal loans, insurance, cash management, and others. Geographically, it operates only in Argentina.

Banco Hipotecario (BUE:BHIP) Headlines

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