Mars Bancorp (Mars Bancorp) Cash-to-Debt : N/A (As of Sep. 2023)

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What is Mars Bancorp 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. Mars Bancorp's cash to debt ratio for the quarter that ended in Sep. 2023 was N/A.

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

MNBP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 1.72 Max: No Debt
Current: 0.5

During the past 10 years, Mars Bancorp's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 1.72.

MNBP's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.245 vs MNBP: 0.50

Mars Bancorp Cash-to-Debt Historical Data

The historical data trend for Mars Bancorp'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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Mars Bancorp Cash-to-Debt Chart

Mars Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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1.63

1.28

7.85

No Debt

4.57

Mars Bancorp Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															3.62	4.57	1.14	0.50	N/A

Competitive Comparison of Mars Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Mars Bancorp'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.

Mars Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

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

Mars Bancorp 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.

Mars Bancorp'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)
	=	24.602	/	(0	+	5.379)
	=	4.57

Mars Bancorp's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Mars Bancorp (OTCPK:MNBP) 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.

Mars Bancorp Cash-to-Debt Related Terms

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

Mars Bancorp (Mars Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mars Bancorp Inc (OTCPK:MNBP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 Grand Avenue, P.O. Box 927, Mars, PA, USA, 16046-0927

Website

https://www.marsbank.com

Mars Bancorp Inc along with its subsidiaries provides banking products and services to individuals and businesses. It offers loans, deposits, mortgages, and online banking services. The primary activities of the bank are owning and supervising its subsidiary Mars Bank which is a national association located in Pennsylvania. The Bank derives its principal sources of revenue from its residential and commercial real estate portfolios, commercial, industrial and consumer loans, investment securities portfolio, as well as a variety of deposit services offered to its customers through six branch offices, which are located in areas of Allegheny, Butler, and Mercer counties in Western Pennsylvania.

Mars Bancorp (Mars Bancorp) Headlines

From GuruFocus

Shareholder Alert: Ademi LLP investigates whether Mars Bancorp, Inc. has obtained a Fair Price in its transaction with NexTier

By PRNewswire • 08-31-2023