First Republic Bank (First Republic Bank) Cash-to-Debt : 0.28 (As of Dec. 2022)

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What is First Republic Bank 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. First Republic Bank's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.28.

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, First Republic Bank couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

FRCPRACL.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.26 Max: 2.36
Current: 0.28

During the past 13 years, First Republic Bank's highest Cash to Debt Ratio was 2.36. The lowest was 0.12. And the median was 0.26.

FRCPRACL.PFD's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.235 vs FRCPRACL.PFD: 0.28

First Republic Bank Cash-to-Debt Historical Data

The historical data trend for First Republic Bank'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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First Republic Bank Cash-to-Debt Chart

First Republic Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.27

0.12

0.38

2.36

0.28

First Republic Bank Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															2.36	1.42	0.51	0.45	0.28

Competitive Comparison of First Republic Bank's Cash-to-Debt

For the Banks - Regional subindustry, First Republic Bank'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.

First Republic Bank's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where First Republic Bank's Cash-to-Debt falls into.

First Republic Bank 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.

First Republic Bank's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	4283	/	(6700	+	8579)
	=	0.28

First Republic Bank's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	4283	/	(6700	+	8579)
	=	0.28

First Republic Bank (NYSE:FRCPRACL.PFD) 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.

First Republic Bank Cash-to-Debt Related Terms

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First Republic Bank (First Republic Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Republic Bank (NYSE:FRCPRACL.PFD) » Definitions » Cash-to-Debt

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Address

111 Pine Street, 2nd Floor, San Francisco, CA, USA, 94111

Website

https://www.firstrepublic.com

First Republic offers private banking and wealth management services to high net worth clients. Services are primarily offered in the San Francisco, New York City, and Los Angeles markets. The bank was founded in 1985.