TFS Financial (TFS Financial) Cash-to-Debt

: 0.11 (As of Dec. 2023)

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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. TFS Financial's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.11.

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

TFSL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.08 Max: 0.24
Current: 0.11

During the past 13 years, TFS Financial's highest Cash to Debt Ratio was 0.24. The lowest was 0.07. And the median was 0.08.

TFSL's Cash-to-Debt is ranked worse than
93.02% of 1447 companies
in the Banks industry
Industry Median: 1.23 vs TFSL: 0.11

TFS Financial Cash-to-Debt Historical Data

The historical data trend for TFS Financial'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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TFS Financial Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

0.07

0.14

0.16

0.08

0.09

TFS Financial 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																0.09	0.08	0.08	0.09	0.11

Competitive Comparison

For the Banks - Regional subindustry, TFS Financial'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.

TFS Financial Cash-to-Debt Distribution

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

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

TFS Financial 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.

TFS Financial's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	466.746	/	(0	+	5303.448)
	=	0.09

TFS Financial'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)
	=	551.768	/	(0	+	5059.765)
	=	0.11

TFS Financial (NAS:TFSL) 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.

TFS Financial Cash-to-Debt Related Terms

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TFS Financial (TFS Financial) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PWT:Germany

Address

7007 Broadway Avenue, Cleveland, OH, USA, 44105

Website

https://www.thirdfederal.com

TFS Financial Corp is the holding company for the Third Federal Savings and Loan Association of Cleveland. The company's ownership in the savings and loan association is its primary business activity. The association's principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits. It does so by offering products with competitive rates and yields. The company also operates Third Capital, a wholly owned subsidiary that serves as a holding company or as an investor in vehicles such as private equity funds. Third Capital has interests in lease transactions of commercial buildings, title agencies providing escrow and settlement services, and reinsurance of private mortgage insurance on residential loans.

Executives

Daniel Fabian Weir	director	7007 BROADWAY AVE, CLEVELAND OH 44105
Russell Clay Holmes	officer: Chief Retail Officer	7007 BROADWAY, CLEVELAND OH 44105
Meredith S Weil	officer: Chief Retail Officer	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Ashley H Williams	director	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Benjamin Stefanski Gavin	officer: Chief Lending Officer	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Marc A Stefanski	director, officer: Chairman, President and CEO	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Barbara J. Anderson	director	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Anthony J Asher	director	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Timothy W Mulhern	officer: Finance Manager - Future CFO	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Martin J Cohen	director	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Bradley Taylor Stefanski	officer: Chief Strategy Officer	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Paul J Huml	officer: Chief Operating Officer	7007 BROADWAY AVENUE, CLEVELAND OH 44105
Robert A Fiala	director	7007 BROADWAY AVENUE, CLEVELAND OH 44105
William C Mulligan	director	201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Susanne Noel Miller	officer: Chief Accounting Officer	7007 BROADWAY AVENUE, CLEVELAND OH 44105