United Bancshares (United Bancshares) Cash-to-Debt

: 1.49 (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. United Bancshares's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.49.

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, United Bancshares could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

UBOH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 1.49 Max: 3.77
Current: 1.49

During the past 13 years, United Bancshares's highest Cash to Debt Ratio was 3.77. The lowest was 0.21. And the median was 1.49.

UBOH's Cash-to-Debt is ranked better than
55.7% of 1447 companies
in the Banks industry
Industry Median: 1.23 vs UBOH: 1.49

United Bancshares Cash-to-Debt Historical Data

The historical data trend for United Bancshares'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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United Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.37

2.76

3.77

1.50

1.49

United Bancshares 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																1.50	4.78	3.30	2.77	1.49

Competitive Comparison

For the Banks - Regional subindustry, United Bancshares'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.

United Bancshares Cash-to-Debt Distribution

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

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

United Bancshares 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.

United Bancshares'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)
	=	26.915	/	(0	+	18.043)
	=	1.49

United Bancshares'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)
	=	26.915	/	(0	+	18.043)
	=	1.49

United Bancshares (OTCPK:UBOH) 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.

United Bancshares Cash-to-Debt Related Terms

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

United Bancshares (United Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bancshares Inc (OTCPK:UBOH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Progressive Drive, Columbus Grove, OH, USA, 45830

Website

https://www.theubank.com

United Bancshares Inc is a bank holding company. The company provides commercial and retail banking services. It offers a range of commercial banking services, including checking accounts, savings and money market accounts, online banking, wealth management services and treasury management services. The company also provides commercial, consumer, agricultural, residential mortgage and home equity loans; certificates of deposit, safe deposit box rentals, and other personalized banking services.

Executives

H Edward Rigel	director, other: Director of Subsidiary	9725 ROAD B, LEIPSIC OH 45856
Brian D Young	officer: CFO	100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Norman V Schnipke	officer: Sr Compliance Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Heather Marie Oatman	officer: Secretary	100 SOUTH HIGH STREET, COLUMBUS GROVE OH 45830
Stacey L Clemens	officer: Chief Risk Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Brent D Nussbaum	officer: Chief Information Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Teresa M Deitering	officer: Chief Credit Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Klint D Manz	officer: Chief Lending Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Travis E Vulich	officer: SVP of Mortgage Division	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
John Patrick Miller	officer: Chief Lending Officer	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Curtis E Shepherd	officer: EVP of Retail Banking
Stacy A Cox	officer: CFO	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
David P Roach	director	1211 HEDRICK, DELPHOS OH 45833
Daniel J Lucke	officer: Interim CFO	100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Herbert H Huffman	director	105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830