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Spar Nord Bank A/S Cash-to-Debt

: 0.80 (As of Sep. 2020)
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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. Spar Nord Bank A/S's cash to debt ratio for the quarter that ended in Sep. 2020 was 0.80.

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, Spar Nord Bank A/S couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

LTS:0JH4' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 1.47   Max: No Debt
Current: 0.8

0.05
No Debt

During the past 13 years, Spar Nord Bank A/S's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 1.47.

LTS:0JH4's Cash-to-Debt is ranked lower than
64% of the 1374 Companies
in the Banks industry.

( Industry Median: 1.44 vs. LTS:0JH4: 0.80 )

Spar Nord Bank A/S Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Spar Nord Bank A/S Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.86 3.08 2.54 3.15 2.32

Spar Nord Bank A/S Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 0.84 1.02 0.75 0.80

Competitive Comparison
* 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.


Spar Nord Bank A/S Cash-to-Debt Distribution

* The bar in red indicates where Spar Nord Bank A/S's Cash-to-Debt falls into.



Spar Nord Bank A/S Cash-to-Debt Calculation

This is the ratio of a company's 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.

Spar Nord Bank A/S's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Spar Nord Bank A/S's Cash to Debt Ratio for the quarter that ended in Sep. 2020 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Spar Nord Bank A/S  (LTS:0JH4) 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.


Spar Nord Bank A/S Cash-to-Debt Related Terms


Spar Nord Bank A/S Cash-to-Debt Headlines

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