International Bancshares (International Bancshares) Cash-to-Debt : 5.44 (As of Dec. 2023)

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What is International Bancshares 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. International Bancshares's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.44.

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

IBOC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.39 Max: 14.34
Current: 5.44

During the past 13 years, International Bancshares's highest Cash to Debt Ratio was 14.34. The lowest was 0.20. And the median was 0.39.

IBOC's Cash-to-Debt is ranked better than
81.7% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs IBOC: 5.44

International Bancshares Cash-to-Debt Historical Data

The historical data trend for International Bancshares'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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International Bancshares Cash-to-Debt Chart

International Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.34

3.50

5.62

14.34

5.44

International Bancshares 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															14.34	8.21	8.57	5.84	5.44

Competitive Comparison of International Bancshares's Cash-to-Debt

For the Banks - Regional subindustry, International Bancshares'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.

International Bancshares's Cash-to-Debt Distribution in the Banks Industry

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

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

International Bancshares 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.

International Bancshares'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)
	=	651.058	/	(0	+	119.613)
	=	5.44

International Bancshares'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)
	=	651.058	/	(0	+	119.613)
	=	5.44

International Bancshares (NAS:IBOC) 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.

International Bancshares Cash-to-Debt Related Terms

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

International Bancshares (International Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » International Bancshares Corp (NAS:IBOC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 San Bernardo Avenue, Laredo, TX, USA, 78042 - 1359

Website

https://www.ibc.com

International Bancshares Corp is a financial holding company with bank subsidiaries that provide commercial and retail banking services, primarily in Texas and Oklahoma. The subsidiaries gather funds from various sources and invest these funds to earn a return. Fund gathering primarily takes the form of accepting demand and time deposits. The bank subsidiaries have historically focused on providing commercial banking services to small and medium-size businesses. The subsidiaries have increasingly transitioned to also providing consumer and retail banking, including mortgage lending. The company's strategy emphasizes customer service and expense control. The company generates net revenue primarily through net interest income.

Executives

Sanchez Antonio R Jr	director, 10 percent owner	1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Diana G Zuniga	director	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78040
Dalia F Martinez	officer: VICE PRESIDENT	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78042
Rudolph Miles	director	1200 SAN BERNARDO, LAREDO TX 78040
Anda Javier De	director	1200 SAN BERNARDO, LAREDO TX 78040
Roberto R Resendez	director	1200 SAN BERNARDO, LAREDO TX 78040
Judith I Wawroski	officer: Treasurer/PAO	1200 SAN BERNARDO, LAREDO TX 78040
Julie L Tarvin	officer: VICE PRESIDENT	1200 SAN BERNARDO, LAREDO TX 78040
R David Guerra	director
Imelda Navarro	director, officer: Executive Officer
Leonardo Salinas	director	PO BOX 1359, LAREDO TX 78040
Larry A Norton	director	1200 SAN BERNARDO AVE., LAREDO TX 78040
Hastings Daniel B Jr	director	P O BOX 1359, LAREDO TX 78040
Dennis E Nixon	director, officer: CEO	P.O. BOX 1359, LAREDO TX 78040
Douglas B Howland	director	1200 SAN BERNARDO AVE., LAREDO TX 78040