Salisbury Bancorp (Salisbury Bancorp) Cash-to-Debt : 1.11 (As of Jun. 2023)

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What is Salisbury 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. Salisbury Bancorp's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.11.

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, Salisbury Bancorp could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

SAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 1.12 Max: 4.96
Current: 1.11

During the past 13 years, Salisbury Bancorp's highest Cash to Debt Ratio was 4.96. The lowest was 0.31. And the median was 1.12.

SAL's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.25 vs SAL: 1.11

Salisbury Bancorp Cash-to-Debt Historical Data

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

Salisbury Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.73

0.44

3.85

4.84

1.30

Salisbury Bancorp Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															2.49	1.15	1.30	0.39	1.11

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

For the Banks - Regional subindustry, Salisbury 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.

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

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

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

Salisbury 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.

Salisbury Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	50.539	/	(0	+	38.921)
	=	1.30

Salisbury Bancorp's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	54.057	/	(0	+	48.854)
	=	1.11

Salisbury Bancorp (NAS:SAL) 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.

Salisbury Bancorp Cash-to-Debt Related Terms

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

Salisbury Bancorp (Salisbury Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Salisbury Bancorp Inc (NAS:SAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Bissell Street, Lakeville, CT, USA, 06039

Website

https://www.salisburybank.com

Salisbury Bancorp Inc is a full-service bank. It provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services through a network of thirteen banking offices. Its product offerings include savings and money market accounts, mortgage loans, retirement plans, business loans, online and mobile banking, and direct deposits. The bank also offers a range of fiduciary services including trust and estate administration, wealth advisory, and investment management to individuals, families, businesses, and institutions.

Executives

Steven M Essex	officer: EVP and Head of Trust	21 CHESTNUT HILL ROAD, WEST SIMSBURY CT 06092
Stephen J Scott	officer: EVP, Chief Operating Officer	5 BISSELL STREET, LAKEVILLE CT 06039
Todd J Rubino	officer: EVP, CCLO	5 BISSELL STREET, LAKEVILLE CT 06039
Paul S Hoffner	director	5 BISSELL STREET, LAKEVILLE CT 06039
Carla L Balesano	officer: EVP, Chief Credit Officer	5 BISSELL STREET, LAKEVILLE CT 06039
Neila B Radin	director	5 BISSELL STREET, LAKEVILLE CT 06039
Grace E Schalkwyk	director	5 BISSELL STREET, LAKEVILLE CT 06039
Amy D Raymond	officer: EVP & Chief RBO	5 BISSELL STREET, LAKEVILLE CT 06039
Peter Albero	officer: EVP & Chief Financial Officer	5 BISSELL STREET, LAKEVILLE CT 06039
George E Banta	director	ONE HORNBECK RIDGE, POUGHKEEPSIE NY 12603
John Matthew Davies	officer: President of NY Region & CLO	38 MELISSA LANE, WASHINGTONVILLE NY 10992
Michael D Gordon	director	92 CREEK ROAD, PLEASANT VALLEY NY 12569
David B Farrell	director	SALISBURY BANCORP, INC., 5 BISSELL STREET, LAKEVILLE CT 06039
Holly J Nelson	director
Charles M Andola	director	210 SOUTH STREET, HIGHLAND NY 12528