Capitec Bank Holdings (Capitec Bank Holdings) Cash-to-Debt : 5.75 (As of Aug. 2023)

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Capitec Bank Holdings Cash-to-Debt Definition

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. Capitec Bank Holdings's cash to debt ratio for the quarter that ended in Aug. 2023 was 5.75.

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, Capitec Bank Holdings could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

CKHGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.15 Med: 5.98 Max: No Debt
Current: 5.75

During the past 13 years, Capitec Bank Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 1.15. And the median was 5.98.

CKHGY's Cash-to-Debt is ranked better than
82.22% of 1440 companies
in the Banks industry
Industry Median: 1.235 vs CKHGY: 5.75

Capitec Bank Holdings Cash-to-Debt Historical Data

Capitec Bank Holdings Cash-to-Debt Chart

The historical data trend for Capitec Bank Holdings'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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Capitec Bank Holdings Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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6.06

2.93

4.68

6.27

5.86

Capitec Bank Holdings Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															8.63	6.27	7.13	5.86	5.75

Competitive Comparison

For the Banks - Regional subindustry, Capitec Bank Holdings'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.

Capitec Bank Holdings Cash-to-Debt Distribution

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

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

Capitec Bank Holdings 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.

Capitec Bank Holdings's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	1552.213	/	(0	+	264.921)
	=	5.86

Capitec Bank Holdings's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	1436.599	/	(0	+	249.971)
	=	5.75

Capitec Bank Holdings (OTCPK:CKHGY) 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.

Capitec Bank Holdings Cash-to-Debt Related Terms

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Capitec Bank Holdings (Capitec Bank Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Capitec Bank Holdings Ltd (OTCPK:CKHGY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CPIP.PFD:South Africa CPI:South Africa

Address

5 Neutron Road, Techno Park, Stellenbosch, WC, ZAF, 7600

Website

https://www.capitecbank.co.za

Capitec Bank Holdings Ltd is a retail bank with more than 850 branches in South Africa. Its services focus on three customer needs: saving, which provides customers the ability to receive and store funds; credit, which satisfies customer needs to access and borrow funds; and transacting, which allows for payments and movement of funds. It operates in three segments: -Retail bank, Business bank, and the Insurance business. Net interest income accounts for more than two-thirds of total company revenue. The company also generates revenue from fees on loans and transactions. Roughly a third of the company's loans are mortgages, and another third are other secured loans. Credit facilities and unsecured credit loans make up most of the remaining loans outstanding.

Capitec Bank Holdings (Capitec Bank Holdings) Headlines

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