Central Pacific Financial (Central Pacific Financial) Cash-to-Debt

: 2.80 (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

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. Central Pacific Financial's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.80.

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

CPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.63 Max: 2.8
Current: 2.8

During the past 13 years, Central Pacific Financial's highest Cash to Debt Ratio was 2.80. The lowest was 0.32. And the median was 0.63.

CPF's Cash-to-Debt is ranked better than
70.58% of 1448 companies
in the Banks industry
Industry Median: 1.235 vs CPF: 2.80

Central Pacific Financial Cash-to-Debt Historical Data

The historical data trend for Central Pacific 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.

* Premium members only.

Central Pacific Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.34

0.60

2.25

0.76

2.80

Central Pacific 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																0.76	0.92	1.64	2.32	2.80

Competitive Comparison

For the Banks - Regional subindustry, Central Pacific 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.

Central Pacific Financial Cash-to-Debt Distribution

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

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

Central Pacific 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.

Central Pacific Financial'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)
	=	522.437	/	(0	+	186.736)
	=	2.80

Central Pacific 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)
	=	522.437	/	(0	+	186.736)
	=	2.80

Central Pacific Financial (NYSE:CPF) 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.

Central Pacific Financial Cash-to-Debt Related Terms

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

Central Pacific Financial (Central Pacific Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Central Pacific Financial Corp (NYSE:CPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 South King Street, Honolulu, HI, USA, 96813

Website

https://www.cpb.bank

Central Pacific Financial Corp operates in the financial services sector in the United States. It is a full-service commercial bank offering a broad range of banking products and services, including accepting time and demand deposits and originating loans. Bank's deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to applicable limits. The bank is not a member of the Federal Reserve System. The company's loans include commercial loans, construction loans, commercial and residential mortgage loans and consumer loans. The company derives income from interest and fees on loans, interest on investment securities and fees received in connection with deposits and other services.

Executives

Agnes Catherine Ngo	officer: EVP and CAO	220 S KING STREET, HONOLULU HI 96817
Camp Friedman Christine H H	director	220 SOUTH KING STREET, HONOLULU HI 96813
Arnold D Martines	officer: Senior Vice President	220 SOUTH KING ST, HONOLULU HI 96813
Paul K Yonamine	director	C/O HOKU SCIENTIFIC, INC., 2153 NORTH KING STREET, SUITE 300, HONOLULU HI 96819
Earl E Fry	director	C/O INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kisan Jo	officer: EVP	220 SOUTH KING ST, 870, HONOLULU HI 96813
Diane Murakami	officer: EVP	220 SOUTH KING ST, 870, HONOLULU HI 96813
Jason Fujimoto	director	220 SOUTH KING ST, 870, HONOLULU HI 96813
Paul Kosasa	director	ABC STORE, 766 POHNKAINA ST, HONOLULU HI 96813
Jonathan B Kindred	director	220 SOUTH KING STREET, HONOLULU HI 96813
Saedene K Ota	director	220 SOUTH KING ST, #870, HONOLULU HI 96813
Wayne K Kamitaki	director	220 SOUTH KING ST, #870, HONOLULU HI 96813
Crystal Rose	director	47-460 WAIHEE PLACE, KANEOHE HI 96744
Kevin Vincent Dahlstrom	officer: EVP, CHIEF MARKETING OFFICER	220 S KING STREET, #870, HONOLULU HI 96813
John C Dean	other: Acting Exec Chairman of Board	220 S. KING STREET, HONOLULU HI 96813