IBERIABANK (IBERIABANK) Cash-to-Debt : 0.56 (As of Mar. 2020)

View and export this data going back to 1995. Start your Free Trial

What is IBERIABANK 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. IBERIABANK's cash to debt ratio for the quarter that ended in Mar. 2020 was 0.56.

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, IBERIABANK couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2020.

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

IBKC's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.3
* Ranked among companies with meaningful Cash-to-Debt only.

IBERIABANK Cash-to-Debt Historical Data

The historical data trend for IBERIABANK'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.

IBERIABANK Cash-to-Debt Chart

IBERIABANK Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

Get a 7-Day Free Trial

1.13

1.69

0.32

0.30

0.67

IBERIABANK Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Cash-to-Debt	Get a 7-Day Free Trial															0.26	0.33	0.49	0.67	0.56

Competitive Comparison of IBERIABANK's Cash-to-Debt

For the Banks - Regional subindustry, IBERIABANK'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.

IBERIABANK's Cash-to-Debt Distribution in the Banks Industry

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

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

IBERIABANK 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.

IBERIABANK's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	894.723	/	(0	+	1343.687)
	=	0.67

IBERIABANK's Cash to Debt Ratio for the quarter that ended in Mar. 2020 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)
	=	945.062	/	(390.747	+	1288.172)
	=	0.56

IBERIABANK (NAS:IBKC) 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.

IBERIABANK Cash-to-Debt Related Terms

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

IBERIABANK (IBERIABANK) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 West Congress Street, Lafayette, LA, USA, 70501

Website

https://www.iberiabank.com

Iberiabank is a bank holding company that concentrates on commercial banking in the southeastern United States. In addition, the company provides other comprehensive financial services, including retail banking, private banking, and mortgages. The company's strategy emphasizes growth, organically and through acquisitions. The company also emphasizes efficient operations through expense reduction and revenue enhancement. Iberiabank, the company's bank subsidiary, has hundreds of locations. Most of its income is net interest income. Nearly half of its commercial loan portfolio is in real estate.

Executives

Shea E Stewart Iii	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Kemp Sr James Michael	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Monica R. Sylvain	officer: EVP, Chief Diversity Officer	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicolas Young	officer: EVP, CHIEF CREDIT OFFICER	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Fernando Perez-hickman	officer: VICE CHAIRMAN	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Ricky E Maples	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
J Randolph Bryan	officer: EVP, Dir of Bus Transformation	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Michael Scott Price	officer: CHIEF ACCOUNTING OFFICER	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Worley Robert Bruce Jr	officer: EVP, GENERAL COUNSEL	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Terry Lawson Akins	officer: SEVP, CHIEF RISK OFFICER	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Elizabeth A Ardoin	officer: SR EXECUTIVE VICE PRESIDENT	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Rosa Sugranes	director	2975 N.W. 77TH AVE, DORAL FL 33132
Anthony J Restel	officer: VICE CHAIRMAN, CFO	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Jefferson G Parker	officer: VICE CHAIRMAN	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
William H Fenstermaker	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501