CIB Marine Bancshares (CIB Marine Bancshares) Cash-to-Debt : 0.35 (As of Mar. 2024)

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What is CIB Marine Bancshares 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. CIB Marine Bancshares's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.35.

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, CIB Marine Bancshares couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

CIBH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.14 Max: 3.27
Current: 0.35

During the past 13 years, CIB Marine Bancshares's highest Cash to Debt Ratio was 3.27. The lowest was 0.06. And the median was 0.14.

CIBH's Cash-to-Debt is ranked worse than
79.83% of 1423 companies
in the Banks industry
Industry Median: 1.3 vs CIBH: 0.35

CIB Marine Bancshares Cash-to-Debt Historical Data

The historical data trend for CIB Marine 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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CIB Marine Bancshares Cash-to-Debt Chart

CIB Marine Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.24

0.47

0.16

0.07

CIB Marine Bancshares Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.33	0.16	0.30	0.07	0.35

Competitive Comparison of CIB Marine Bancshares's Cash-to-Debt

For the Banks - Regional subindustry, CIB Marine 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.

CIB Marine Bancshares's Cash-to-Debt Distribution in the Banks Industry

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

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

CIB Marine 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.

CIB Marine 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)
	=	9.491	/	(45	+	98.754)
	=	0.07

CIB Marine Bancshares's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	7.727	/	(22.383	+	0)
	=	0.35

CIB Marine Bancshares (OTCPK:CIBH) 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.

CIB Marine Bancshares Cash-to-Debt Related Terms

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

CIB Marine Bancshares (CIB Marine Bancshares) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

19601 West Bluemound Road, Brookfield, WI, USA, 53045

Website

https://www.cibmarine.com

CIB Marine Bancshares Inc is a financial service holding company. It provides a full range of banking and related services through its banking subsidiary. The primary sources of revenue are predominantly from loans to small and middle-market business customers, investments in securities, and mortgage banking activity. CIBM Bank also offers a range of deposit and other financial products to its customers. Its offices and, generally, customers are in the central and northeastern Illinois, Milwaukee, and Indianapolis markets.

Executives

Mark Arthur Elste	director	1930 WEST BLUEMOUND ROAD, SUITE D, WAUKESHA WI 53186
Paul Curtis Melnick	officer: EVP & Chief Credit Officer	1930 WEST BLUEMOUND ROAD, SUITE D, WAUKESHA WI 53186
Willard Iii Bunn	director	1930 WEST BLUEMOUND ROAD, SUITE D, WAUKESHA WI 53186
Charles David Mires	director	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Ronald Eugene Rhoades	director	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Charles E Baker	director	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Charles J Ponicki	officer: SVP, Chief Credit Officer	1930 WEST BLUEMOUND ROAD, SUITE D, WAUKESHA WI 53186
Edwin J. Depenbrok	officer: SVP, Chief Financial Officer	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Hickey John P Jr	officer: President and CEO	1930 WEST BLUEMOUND ROAD, SUITE D, WAUKESHA WI 53186
Merlon James Schuneman	officer: EVP and Sr. Commercial Banker	525 WEST MONROE STREET, SUITE 560, CHICAGO IL 60661
Michael L Paoletta	officer: SVP, Chief Credit Officer	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Daniel J Rasmussen	officer: SVP and General Counsel	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Cib Marine Bancshares, Inc.	officer: SVP and General Counsel	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Gary L Longman	director	N27 W24025 PAUL COURT, PEWAUKEE WI 53072
Steven C Hillard	director	C/O CENTRAL ILLINOIS BANCORP INC, N27 W24025 PAUL COURT, PEWAUKEE WI 53072