Esquire Financial Holdings (Esquire Financial Holdings) Cash-to-Debt

: No Debt ⁽¹⁾ (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. Esquire Financial Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Esquire Financial Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Esquire Financial Holdings's Cash-to-Debt or its related term are showing as below:

ESQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 87.02 Med: 718.67 Max: No Debt
Current: No Debt

During the past 9 years, Esquire Financial Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 87.02. And the median was 718.67.

ESQ's Cash-to-Debt is ranked better than
99.72% of 1443 companies
in the Banks industry
Industry Median: 1.23 vs ESQ: No Debt

Esquire Financial Holdings Cash-to-Debt Historical Data

The historical data trend for Esquire Financial Holdings'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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Esquire Financial Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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718.67

No Debt

Esquire Financial Holdings 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Banks - Regional subindustry, Esquire Financial Holdings'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.

Esquire Financial Holdings Cash-to-Debt Distribution

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

* The bar in red indicates where Esquire Financial Holdings's Cash-to-Debt falls into.

Esquire Financial Holdings 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.

Esquire Financial Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Esquire Financial Holdings had no debt ⁽¹⁾.

Esquire Financial Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Esquire Financial Holdings had no debt ⁽¹⁾.

Esquire Financial Holdings (NAS:ESQ) 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.

Esquire Financial Holdings Cash-to-Debt Related Terms

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Esquire Financial Holdings (Esquire Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Esquire Financial Holdings Inc (NAS:ESQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Jericho Quadrangle, Suite 100, Jericho, NY, USA, 11753

Website

https://www.esquirebank.com

Esquire Financial Holdings Inc is a United States-based bank holding company. The bank offers various services such as checking accounts, personal checking account, professional checking accounts, and business checking accounts among others. It generates revenue in the form of interest income.

Executives

Richard T Powers	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Selig Zises	director	C/O MANGOSOFT INC, 1500 WEST PARK DRIVE STE 190, WESTBOROUGH MA 01581
Michael Lacapria	officer: Chief Financial Officer	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Joseph Melohn	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Kevin C Waterhouse	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Todd Deutsch	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Marc D Grossman	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Robert Mitzman	director	3725 SW 30TH AVENUE, FORT LAUDERDALE FL 33312
Eric S Bader	officer: EVP, CFO and Treasurer	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Andrew C Sagliocca	director, officer: President and CEO	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Parag Tandon	officer: Chief Acctg Off and Controller	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
James F. Deutsch	director	C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Anthony Coelho	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Jack T Thompson	director	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Ari P Kornhaber	officer: EVP and Director of Sales	100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753