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Spirit of Texas Bancshares Cash-to-Debt

: 2.57 (As of Dec. 2020)
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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. Spirit of Texas Bancshares's cash to debt ratio for the quarter that ended in Dec. 2020 was 2.57.

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, Spirit of Texas Bancshares could pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

NAS:STXB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.64   Med: 2.15   Max: 3.11
Current: 2.57

0.64
3.11

During the past 5 years, Spirit of Texas Bancshares's highest Cash to Debt Ratio was 3.11. The lowest was 0.64. And the median was 2.15.

NAS:STXB's Cash-to-Debt is ranked higher than
61% of the 1448 Companies
in the Banks industry.

( Industry Median: 1.71 vs. NAS:STXB: 2.57 )

Spirit of Texas Bancshares Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Spirit of Texas Bancshares Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20
Cash-to-Debt 2.15 0.64 1.02 3.11 2.57

Spirit of Texas Bancshares Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.11 2.01 2.40 1.45 2.57

Competitive Comparison
* 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.


Spirit of Texas Bancshares Cash-to-Debt Distribution

* The bar in red indicates where Spirit of Texas Bancshares's Cash-to-Debt falls into.



Spirit of Texas Bancshares Cash-to-Debt Calculation

This is the ratio of a company's 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.

Spirit of Texas Bancshares's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Spirit of Texas Bancshares's Cash to Debt Ratio for the quarter that ended in Dec. 2020 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Spirit of Texas Bancshares  (NAS:STXB) 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.


Spirit of Texas Bancshares Cash-to-Debt Related Terms


Spirit of Texas Bancshares Cash-to-Debt Headlines

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