Citizens & Northern (Citizens & Northern) Cash-to-Debt : 0.27 (As of Dec. 2023)

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What is Citizens & Northern 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. Citizens & Northern's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.27.

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, Citizens & Northern 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 Citizens & Northern's Cash-to-Debt or its related term are showing as below:

CZNC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.74 Max: 2.99
Current: 0.27

During the past 13 years, Citizens & Northern's highest Cash to Debt Ratio was 2.99. The lowest was 0.25. And the median was 0.74.

CZNC's Cash-to-Debt is ranked worse than
83.51% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs CZNC: 0.27

Citizens & Northern Cash-to-Debt Historical Data

The historical data trend for Citizens & Northern'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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Citizens & Northern Cash-to-Debt Chart

Citizens & Northern Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.25

1.14

1.39

0.31

0.27

Citizens & Northern 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															0.31	0.23	0.28	0.28	0.27

Competitive Comparison of Citizens & Northern's Cash-to-Debt

For the Banks - Regional subindustry, Citizens & Northern'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.

Citizens & Northern's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Citizens & Northern's Cash-to-Debt falls into.

Citizens & Northern 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.

Citizens & Northern'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)
	=	56.878	/	(63.661	+	145.724)
	=	0.27

Citizens & Northern'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)
	=	56.878	/	(63.661	+	145.724)
	=	0.27

Citizens & Northern (NAS:CZNC) 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.

Citizens & Northern Cash-to-Debt Related Terms

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

Citizens & Northern (Citizens & Northern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens & Northern Corp (NAS:CZNC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

90-92 Main Street, Wellsboro, PA, USA, 16901

Website

https://www.cnbankpa.com

Citizens & Northern Corp is a community bank operating through its subsidiaries. It provides banking services, including deposit and loan products for personal and commercial customers. The bank also maintains a trust division that provides a wide range of financial services, such as 401(k) plans, retirement planning, estate planning, estate settlements and asset management.

Executives

Frank G Pellegrino	director	2050 POCO FARM ROAD, WILLIAMSPORT PA 17701
Robert G Loughery	director	1128 SLOTTER ROAD, PERKASIE PA 18944
Katherine W Shattuck	director	2548 LAKE ROAD, TOWANDA PA 18848
Tracy Ellen Watkins	officer: EXEC. VP	1972 NORTH WILLIAMSON ROAD, COVINGTON PA 16917-9516
Bobbi J Kilmer	director	555 COUNTRY VIEW DRIVE, TOWANDA PA 18848
Glenn Richard James	officer: EVP Counsel, Corp Secretary	90-92 MAIN ST, WELLSBORO PA 16901
Timothy E Schoener	director	821 HAWTHORNE AVE, WILLIAMSPORT PA 17701
Kelley A Cwiklinski	officer: EVP Chief Comm Lending Officer	90-92 MAIN ST, WELLSBORO PA 16901
Leo F Lambert	director	PO BOX 345, DUSHORE PA 18614
Helen S Santiago	director	263 BRIDGE STREET HILL RD, TOWANDA PA 18848
Terry L Lehman	director	5066 NORTH SHERMAN STREET, MOUNT WOLF PA 17347
Matthew L Bower	officer: EVP, Chief Wealth Mgmt Officer	90-92 MAIN ST, WELLSBORO PA 16901
Susan E Hartley	director	1293 HOFFMAN HOLLOW RD, LOWMAN NY 14861
Stephen M Dorwart	director	234 CEDAR ROAD, MULLICA HILL NJ 08062
Alexander Balagour	officer: EVP- CHIEF INFORMATION OFFICER	45 TEAL DRIVE, LANGHORNE PA 19047