Columbia Banking System (Columbia Banking System) Cash-to-Debt : 0.48 (As of Dec. 2023)

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What is Columbia Banking System 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. Columbia Banking System's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.48.

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, Columbia Banking System 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 Columbia Banking System's Cash-to-Debt or its related term are showing as below:

COLB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 0.95 Max: 5.72
Current: 0.5

During the past 13 years, Columbia Banking System's highest Cash to Debt Ratio was 5.72. The lowest was 0.48. And the median was 0.95.

COLB's Cash-to-Debt is ranked worse than
73.67% of 1424 companies
in the Banks industry
Industry Median: 1.295 vs COLB: 0.50

Columbia Banking System Cash-to-Debt Historical Data

The historical data trend for Columbia Banking System'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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Columbia Banking System Cash-to-Debt Chart

Columbia Banking System Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.98

2.09

5.72

0.92

0.48

Columbia Banking System Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.56	0.50	0.53	0.48	0.50

Competitive Comparison of Columbia Banking System's Cash-to-Debt

For the Banks - Regional subindustry, Columbia Banking System'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.

Columbia Banking System's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Columbia Banking System's Cash-to-Debt falls into.

Columbia Banking System 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.

Columbia Banking System'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)
	=	2162.534	/	(0	+	4504.911)
	=	0.48

Columbia Banking System'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)
	=	2162.534	/	(0	+	4504.911)
	=	0.48

Columbia Banking System (NAS:COLB) 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.

Columbia Banking System Cash-to-Debt Related Terms

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

Columbia Banking System (Columbia Banking System) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Columbia Banking System Inc (NAS:COLB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1301 A Street, Tacoma, WA, USA, 98402-2156

Website

https://www.columbiabank.com

Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium-sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.

Executives

Drew K Anderson	officer: Chief Administrative Officer	C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035
Luis Machuca	director	ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
John F Schultz	director	C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Maria M Pope	director	C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Peggy Y Fowler	director	C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204
Terry Hilliard C. Iii	director	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Anddria Varnado	director	ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Torran B Nixon	officer: Senior Executive VP	ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Ron L Farnsworth	officer: Chief Financial Officer	200 SW MARKET ST STE 1900, PORTLAND OR 97201
Frank Namdar	officer: Chief Credit Officer	ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Lisa M White	officer: PAO & Corporate Controller	9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124
Sheri Burns	officer: Chief Human Resources Officer	C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229
O'haver Cort L	director, officer: Executive Chairman	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Andrew H Ognall	officer: IMO General Counsel	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Laura Alvarez Schrag	director	1301 A STREET, TACOMA WA 98402