First US Bancshares (First US Bancshares) Cash-to-Debt

: 2.42 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

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. First US Bancshares's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.42.

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

FUSB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.94 Med: 3.32 Max: 94.12
Current: 2.42

During the past 13 years, First US Bancshares's highest Cash to Debt Ratio was 94.12. The lowest was 0.94. And the median was 3.32.

FUSB's Cash-to-Debt is ranked better than
66.97% of 1444 companies
in the Banks industry
Industry Median: 1.23 vs FUSB: 2.42

First US Bancshares Cash-to-Debt Historical Data

The historical data trend for First US 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.

* Premium members only.

First US Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

5.69

9.43

2.96

0.98

2.42

First US 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																0.98	1.91	1.83	1.62	2.42

Competitive Comparison

For the Banks - Regional subindustry, First US 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.

First US Bancshares Cash-to-Debt Distribution

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

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

First US 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.

First US 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)
	=	50.279	/	(10	+	10.799)
	=	2.42

First US 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)
	=	50.279	/	(10	+	10.799)
	=	2.42

First US Bancshares (NAS:FUSB) 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.

First US Bancshares Cash-to-Debt Related Terms

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

First US Bancshares (First US Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First US Bancshares Inc (NAS:FUSB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243

Website

https://www.firstusbank.com

First US Bancshares Inc is a bank holding company. The Bank conducts a general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank has two reportable operating segments namely the Bank and Acceptance Loan Company. The majority of the revenue is generated through interest earned on financial instruments, including loans and investment securities.

Executives

Robert S Briggs	director
James F House	director, officer: President & CEO	P O BOX 249, THOMASVILLE AL 36784
David Peter Hale	director	131 WEST FRONT STREET, P O BOX 249, THOMASVILLE AL 36784
Thomas S Elley	officer: VP,CFO,PAO,Treas,Asst Sec	P O BOX 249, THOMASVILLE AL 36784
Marlene M Mccain	director	P O BOX 249, THOMASVILLE AL 36784
Bearden Andrew C Jr	director
Anthony Cashio	officer: EVP, Chief Credit Officer-FUSB	P O BOX 249, THOMASVILLE AL 36784
Bruce N Wilson	director
Henderson J Samuel Iii	officer: EVP, Bham Market Exec, FUSB	P O BOX 249, THOMASVILLE AL 36784
Sheri S Cook	director	P O BOX 249, THOMASVILLE AL 36784
Aubrey S Miller	director	P O BOX 249, THOMASVILLE AL 36784
Donna D Smith	director	P O BOX 249, THOMASVILLE AL 36784
Phillip Wheat	officer: SVP,CIO/Info Sec Off of FUSB	P O BOX 249, THOMASVILLE AL 36784
Strickland Alonzo A J J	director
David L Saylors	officer: SVP, HR Director of FUSB	P O BOX 249, THOMASVILLE AL 36784