Flagstar Bancorp (Flagstar Bancorp) Cash-to-Debt : 0.09 (As of Sep. 2022)

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What is Flagstar 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. Flagstar Bancorp's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.09.

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, Flagstar Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

FBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.83
Current: 0.09

During the past 13 years, Flagstar Bancorp's highest Cash to Debt Ratio was 0.83. The lowest was 0.02. And the median was 0.08.

FBC's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.25 vs FBC: 0.09

Flagstar Bancorp Cash-to-Debt Historical Data

The historical data trend for Flagstar 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.

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Flagstar Bancorp Cash-to-Debt Chart

Flagstar Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.03

0.11

0.08

0.11

0.29

Flagstar Bancorp Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.29	0.23	0.10	0.09

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

For the Banks - Regional subindustry, Flagstar 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.

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

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

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

Flagstar 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.

Flagstar Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	1051	/	(1880	+	1796)
	=	0.29

Flagstar Bancorp's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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)
	=	418	/	(3450	+	1390)
	=	0.09

Flagstar Bancorp (NYSE:FBC) 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.

Flagstar Bancorp Cash-to-Debt Related Terms

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Flagstar Bancorp (Flagstar Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Flagstar Bancorp Inc (NYSE:FBC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5151 Corporate Drive, Troy, MI, USA, 48098-2639

Website

https://www.flagstar.com

Flagstar Bancorp Inc is a thrift that originates, services, and sells loans across the United States. The bank has around $14.2 billion in assets and $7.8 billion in deposits. First mortgage, second mortgage, and commercial real estate loans collectively compose 88% of the bank's investment portfolio.

Executives

Karen Buck	officer: EVP and Director of Operations	5151 CORPORATE DRIVE, TROY MI 48098
Toan Huynh	director	5151 CORPORATE DRIVE, TROY MI 48098
Lori Jordan	director	5151 CORPORATE DRIVE, TROY MI 48098
David J Matlin	director
Peter Schoels	director	GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Mp Thrift Investments L.p.	10 percent owner	MATLINPATTERSON GLOBAL ADVISERS LLC, 520 MADISON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Reginald E Davis	officer: EVP and President of Banking	5151 CORPORATE DRIVE, TROY MI 48098
Kristy Fercho	officer: EVP and President of Mortgage	5151 CORPORATE DRIVE, TROY MI 48098
Andrew W Ottaway	officer: Michigan Market President	5151 CORPORATE DRIVE, TROY MI 48098
Jennifer R Whip	director	621 PUGH ROAD, WAYNE PA 19087
Patrick M Mcguirk	officer: EVP and Gen Counsel	5151 CORPORATE DRIVE, TROY MI 48098
Leonard Ii Israel	officer: Exec VP	5151 CORPORATE DRIVE, TROY MI 48098
Andrew Fornarola	officer: EVP and Director Com Bnking	FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bruce E Nyberg	director	FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bryan Marx	officer: SVP Chief Accting Officer(PAO)	5151 CORPORATE DRIVE, TROY MI 48098