WaFd (WAFD) Cash-to-Debt : 0.30 (As of Dec. 2023)

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What is WaFd 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. WaFd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.30.

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, WaFd couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

WAFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.26 Max: 1.22
Current: 0.27

During the past 13 years, WaFd's highest Cash to Debt Ratio was 1.22. The lowest was 0.11. And the median was 0.26.

WAFD's Cash-to-Debt is ranked worse than
83.51% of 1437 companies
in the Banks industry
Industry Median: 1.26 vs WAFD: 0.27

WaFd Cash-to-Debt Historical Data

The historical data trend for WaFd'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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WaFd Cash-to-Debt Chart

WaFd Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.19

0.63

1.22

0.32

0.27

WaFd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.30	0.27	0.30	0.27

Competitive Comparison of WaFd's Cash-to-Debt

For the Banks - Regional subindustry, WaFd'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.

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

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

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

WaFd 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.

WaFd's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	980.649	/	(0	+	3650)
	=	0.27

WaFd's Cash to Debt Ratio for the quarter 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)
	=	1144.774	/	(0	+	3875)
	=	0.30

WaFd (NAS:WAFD) 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.

WaFd Cash-to-Debt Related Terms

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

WaFd (WAFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » WaFd Inc (NAS:WAFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WAFDP.PFD:USA WAO:Germany

Address

425 Pike Street, Seattle, WA, USA, 98101

Website

https://www.wafdbank.com

WaFd Inc is engaged in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Geographically It operates in Washington, Oregon, Arizona, Texas, Utah. New Mexico, Nevada, Idaho and others. WaFd Inc provides, Personal Banking, Business Banking, Commercial Banking and Home Loans.

Executives

Randall H Talbot	director	777 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98124-1690
David K Grant	director
Blayne Sanden	officer: SVP & PAO	425 PIKE STREET, SEATTLE WA 98101
Brent J Beardall	officer: EVP & CFO	425 PIKE STREET, SEATTLE WA 98101
Kim E Robison	officer: EVP & Chief Operations Officer	425 PIKE STREET, SEATTLE WA 98101
Cathy E Cooper	officer: EVP & Chief Consumer Banker	425 PIKE STREET, SEATTLE WA 98101
Kelli Holz	officer: EVP & CFO	PO BOX 580, BELLINGHAM WA 98227
Vincent L Beatty	officer: EVP & Chief Financial Officer	425 PIKE STREET, SEATTLE WA 98101
Shawn Bice	director	C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Ryan Mauer	officer: EVP & Chief Credit Officer	425 PIKE STREET, SEATTLE WA 98101
James Endrizzi	officer: EVP & Chief Commercial Banker	425 PIKE STREET, SEATTLE WA 98101
Sean Singleton	director	425 PIKE ST, SEATTLE WA 98101
Sylvia Hampel	director	425 PIKE ST, SEATTLE WA 98101
Sudhir Steven Singh	director	6222 185TH AVE, REDMOND WA 98052
Linda S Brower	director