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Dacotah Banks (Dacotah Banks) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Dacotah Banks 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. Dacotah Banks's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt (1).

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, Dacotah Banks could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

DBIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.17   Med: 22.76   Max: No Debt
Current: 61.52

During the past 9 years, Dacotah Banks's highest Cash to Debt Ratio was No Debt. The lowest was 9.17. And the median was 22.76.

DBIN's Cash-to-Debt is ranked better than
93.61% of 1440 companies
in the Banks industry
Industry Median: 1.245 vs DBIN: 61.52

Dacotah Banks Cash-to-Debt Historical Data

The historical data trend for Dacotah Banks'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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Dacotah Banks Cash-to-Debt Chart

Dacotah Banks Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only 9.17 22.51 41.95 22.76 No Debt

Dacotah Banks 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.76 35.92 16.04 No Debt No Debt

Competitive Comparison of Dacotah Banks's Cash-to-Debt

For the Banks - Regional subindustry, Dacotah Banks'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.


Dacotah Banks's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Dacotah Banks's Cash-to-Debt falls into.



Dacotah Banks 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.

Dacotah Banks's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Dacotah Banks had no debt (1).

Dacotah Banks's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Dacotah Banks had no debt (1).

* 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.


Dacotah Banks  (OTCPK:DBIN) 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.


Dacotah Banks Cash-to-Debt Related Terms

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


Dacotah Banks (Dacotah Banks) Business Description

Traded in Other Exchanges
N/A
Address
401 South Main Street, Suite 212, Aberdeen, SD, USA, 57402-1496
Dacotah Banks Inc operates as a state-chartered bank in Dakota. It provides banking, insurance, mortgage, trust, and wealth management services to customers. It operates in three divisions including Agricultural, Business, and Personal. The company provides services like loans, insurance, card solutions, money market services, mobile, and online solutions.

Dacotah Banks (Dacotah Banks) Headlines

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