Ottawa Bancorp (Ottawa Bancorp) Cash-to-Debt : 0.41 (As of Dec. 2023)

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What is Ottawa 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. Ottawa Bancorp's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.41.

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

OTTW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.75 Max: 5.53
Current: 0.41

During the past 13 years, Ottawa Bancorp's highest Cash to Debt Ratio was 5.53. The lowest was 0.27. And the median was 0.75.

OTTW's Cash-to-Debt is ranked worse than
75.96% of 1439 companies
in the Banks industry
Industry Median: 1.25 vs OTTW: 0.41

Ottawa Bancorp Cash-to-Debt Historical Data

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

Ottawa Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.83

0.78

0.41

0.53

0.41

Ottawa 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	Get a 7-Day Free Trial															0.53	0.50	0.35	0.36	0.41

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

For the Banks - Regional subindustry, Ottawa 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.

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

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

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

Ottawa 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.

Ottawa 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)
	=	13.396	/	(0	+	32.45)
	=	0.41

Ottawa 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)
	=	13.396	/	(0	+	32.45)
	=	0.41

Ottawa Bancorp (OTCPK:OTTW) 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.

Ottawa Bancorp Cash-to-Debt Related Terms

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

Ottawa Bancorp (Ottawa Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ottawa Bancorp Inc (OTCPK:OTTW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

925 LaSalle Street, Ottawa, IL, USA, 61350

Website

https://www.ottawasavings.com

Ottawa Bancorp Inc is a bank holding company. The bank offers services such as checking, savings, loans, online banking, commercial leasing, and others. It generates revenue in the form of interest.

Executives

Craig M Hepner	director, officer: COO	925 LASALLE STREET, OTTAWA IL 61350
Jon Kranov	director, officer: President & CEO	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Thomas Michael Adler	director	925 LASALLE STREET, OTTAWA IL 61350
William Kuiper	director	925 LASALLE STREET, OTTAWA IL 61350
John M. Armstrong	director	OTTAWA SAVINGS BANCORP, INC., 925 LASALLE STREET, OTTAWA IL 61350
Marc N Kingry	officer: CFO	925 LASALLE STREET, OTTAWA IL 61350
Mark Stoudt	officer: Chief Lending Officer	925 LASALLE STREET, OTTAWA IL 61350
Arthur Mueller	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
James Ferrero	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Keith Johnson	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Daniel Reynolds	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350