Midsouth Bancorp (Midsouth Bancorp) Cash-to-Debt : 3.97 (As of Jun. 2019)

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What is Midsouth 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. Midsouth Bancorp's cash to debt ratio for the quarter that ended in Jun. 2019 was 3.97.

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, Midsouth Bancorp could pay off its debt using the cash in hand for the quarter that ended in Jun. 2019.

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

MSL's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.25
* Ranked among companies with meaningful Cash-to-Debt only.

Midsouth Bancorp Cash-to-Debt Historical Data

The historical data trend for Midsouth 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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Midsouth Bancorp Cash-to-Debt Chart

Midsouth Bancorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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1.15

1.17

1.66

2.07

4.08

Midsouth Bancorp Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Cash-to-Debt	Get a 7-Day Free Trial															4.57	5.94	4.08	4.17	3.97

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

For the Banks - Regional subindustry, Midsouth 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.

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

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

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

Midsouth 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.

Midsouth Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	202.61	/	(0	+	49.667)
	=	4.08

Midsouth Bancorp's Cash to Debt Ratio for the quarter that ended in Jun. 2019 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)
	=	228.077	/	(0	+	57.483)
	=	3.97

Midsouth Bancorp (NYSE:MSL) 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.

Midsouth Bancorp Cash-to-Debt Related Terms

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Midsouth Bancorp (Midsouth Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 Versailles Boulevard, Lafayette, LA, USA, 70501

Website

https://www.midsouthbank.com

Midsouth Bancorp Inc is a financial holding company based in the United States. The company primarily operates through its wholly owned subsidiary and is engaged in the community banking business by providing banking services to commercial and retail customers. It focuses on providing commercial and consumer loan and deposit services to individuals and small to middle market businesses across America. Deposit products and services offered by the firm include interest-bearing and noninterest-bearing checking accounts, investment accounts, cash management services, and electronic banking services, including remote deposit capturing services, internet banking, and debit and credit cards.

Executives

D Michael Kramer	director, other: Vice Chairman of the Board	P O BOX 868, EVANSVILLE IN 47705-0868
John Arthur Davis	officer: Chief Operating Officer	102 VERSAILLES BLVD, LAFAYETTE LA 70501
Keith Avant	officer: Chief Credit Officer	102 VERSAILLES BLVD, LAFAYETTE LA 70501
Kade G Peterson	officer: SEVP & Chief Operating Officer	102 VERSAILLES BLVD, LAFAYETTE LA 70501
A Dwight Utz	officer: Senior VP of subsidiary	POST OFFICE BOX 3745, LAFAYETTE LA 70502