Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) Cash-to-Debt

: 0.48 (As of Dec. 2023)

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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. Farmers & Merchants Bancorp's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.48.

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, Farmers & Merchants Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FMAO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 2.56 Max: No Debt
Current: 0.48

During the past 13 years, Farmers & Merchants Bancorp's highest Cash to Debt Ratio was No Debt. The lowest was 0.48. And the median was 2.56.

FMAO's Cash-to-Debt is ranked worse than
73.39% of 1447 companies
in the Banks industry
Industry Median: 1.23 vs FMAO: 0.48

Farmers & Merchants Bancorp Cash-to-Debt Historical Data

The historical data trend for Farmers & Merchants 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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Farmers & Merchants Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

2.20

5.76

1.49

0.51

0.48

Farmers & Merchants Bancorp 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																0.51	0.34	0.24	0.51	0.48

Competitive Comparison

For the Banks - Regional subindustry, Farmers & Merchants 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.

Farmers & Merchants Bancorp Cash-to-Debt Distribution

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

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

Farmers & Merchants 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.

Farmers & Merchants Bancorp'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)
	=	143.657	/	(0	+	300.452)
	=	0.48

Farmers & Merchants Bancorp'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)
	=	143.657	/	(0	+	300.452)
	=	0.48

Farmers & Merchants Bancorp (NAS:FMAO) 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.

Farmers & Merchants Bancorp Cash-to-Debt Related Terms

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

Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers & Merchants Bancorp Inc (NAS:FMAO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

307 North Defiance Street, Archbold, OH, USA, 43502

Website

https://www.fm.bank

Farmers & Merchants Bancorp Inc is a holding company for Farmers & Merchants Bank of Central California. It engages in general commercial banking business. Its activities include commercial, agricultural and residential mortgages as well as consumer and credit card lending activities. The interest received on lending to the commercial and retail market forms the basis of the bank's primary revenue.

Executives

Eugene N Burkholder	director	12730 US HIGHWAY 20A, WAUSEON OH 43567
Steven J Planson	director	22199 COUNTY ROAD F, STRYKER OH 43557
David P Vernon	director	307 N DEFIANCE ST, ARCHBOLD OH 43502
Jo Ellen Hornish	director	24880 BANNER SCHOOL RD, DEFIANCE OH 43512
Andrew J Briggs	director	307 N DEFIANCE STREET, ARCHBOLD OH 43502
Simon R. Frank	director	307 N. DEFIANCE STREET, ARCHBOLD OH 43502
Lori Ann Johnston	director	307 N DEFIANCE STREET, ARCHBOLD OH 43502
Lars B Eller	officer: President & CEO	214 CALEB STREET, WEST CHESTER PA 19382
Paul S Siebenmorgen	officer: Sr. Executive VP
Anthony Rupp	director	203 N. DEFIANCE ST., ARCHBOLD OH 43502
Jackson Jack Cornelius	director	105 S MAIN STREET, BRYAN OH 43506
Marcia Sloan Latta	director	1528 MUIRFIELD DR, BOWLING GREEN OH 43402
Katrina L Degroff	officer: Sr. Vice President	6085 COUNTY RD 13, WAUSEON OH 43567
Phillip P Lucas	officer: Sr. Vice President	5047 STONESPRING CRT, ANDERSON IN 46012
Benet S Rupp	officer: Sr. Vice President	3963 TIMBER VALLEY DR, MAUMEE OH 4337