Arrow Financial (Arrow Financial) Cash-to-Debt : 2.76 (As of Dec. 2023)

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What is Arrow Financial 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. Arrow Financial's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.76.

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

AROW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.46 Max: 6.52
Current: 2.76

During the past 13 years, Arrow Financial's highest Cash to Debt Ratio was 6.52. The lowest was 0.28. And the median was 0.46.

AROW's Cash-to-Debt is ranked better than
70.28% of 1440 companies
in the Banks industry
Industry Median: 1.235 vs AROW: 2.76

Arrow Financial Cash-to-Debt Historical Data

The historical data trend for Arrow Financial'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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Arrow Financial Cash-to-Debt Chart

Arrow Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.38

5.43

6.52

0.81

2.76

Arrow Financial 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															0.81	1.21	0.88	1.48	2.76

Competitive Comparison of Arrow Financial's Cash-to-Debt

For the Banks - Regional subindustry, Arrow Financial'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.

Arrow Financial's Cash-to-Debt Distribution in the Banks Industry

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

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

Arrow Financial 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.

Arrow Financial'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)
	=	142.536	/	(20	+	31.566)
	=	2.76

Arrow Financial'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)
	=	142.536	/	(20	+	31.566)
	=	2.76

Arrow Financial (NAS:AROW) 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.

Arrow Financial Cash-to-Debt Related Terms

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

Arrow Financial (Arrow Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arrow Financial Corp (NAS:AROW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BQE:Germany

Address

250 Glen Street, Glens Falls, NY, USA, 12801

Website

https://www.arrowfinancial.com

Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.

Executives

Andrew J Wise	officer: SVP, Chief Operating Officer	250 GLEN STREET, GLENS FALLS NY 12801
David D Kaiser	officer: SVP	AMETHYST DRIVE, QUEENSBURY NY 12804
Read Colin L	director	81 BLAIR ROAD, PLATTSBURGH NY 12901
William L Owens	director	42 BLUE HERRON WAY, PLATTSBURGH NY 12901
Elizabeth Miller	director	250 GLEN STREET, GLENS FALLS NY 12801
Gary C Dake	director	514 LOCUST GROVE ROAD, GREENFIELD CENTER NY 12833
Mark Behan	director	250 GLEN STREET, GLENS FALLS NY 12801
Penko Krassimir Ivanov	officer: EVP, Treasurer and CFO	C/O ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
David S. Demarco	officer: Senior Vice President	7 INGERSOL ROAD, SARATOGA SPRINGS NY 12866
Raymond F O'conor	officer: Senior Vice President	7 ROLLING GREEN DRIVE, WILTON NY 12831
Gregory J Champion	director	250 GLEN STREET, GLENS FALLS NY 12801
Thomas L Hoy	director	ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
Reisman Richard J Dmd	director	9 ST. ANDREWS DRIVE, QUEENSBURY NY 12804
Edward J Campanella	officer: SVP, Treasurer & CFO	42 MAXWELL ROAD, LATHAM NY 12110
Michael B Clarke	director	58 CHRISTIANA COURT, LAKE GEORGE NY 12845