Bank Fur Tirol und Vorarlberg AG (WBO:BTS) Cash-to-Debt : 69.53 (As of Sep. 2023)

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What is Bank Fur Tirol und Vorarlberg AG 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. Bank Fur Tirol und Vorarlberg AG's cash to debt ratio for the quarter that ended in Sep. 2023 was 69.53.

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, Bank Fur Tirol und Vorarlberg AG could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Bank Fur Tirol und Vorarlberg AG's Cash-to-Debt or its related term are showing as below:

WBO:BTS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 2.44 Max: No Debt
Current: 69.53

During the past 13 years, Bank Fur Tirol und Vorarlberg AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 2.44.

WBO:BTS's Cash-to-Debt is ranked better than
93.89% of 1424 companies
in the Banks industry
Industry Median: 1.295 vs WBO:BTS: 69.53

Bank Fur Tirol und Vorarlberg AG Cash-to-Debt Historical Data

The historical data trend for Bank Fur Tirol und Vorarlberg AG'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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Bank Fur Tirol und Vorarlberg AG Cash-to-Debt Chart

Bank Fur Tirol und Vorarlberg AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.78

1.16

2.49

2.66

2.40

Bank Fur Tirol und Vorarlberg AG 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															92.90	2.40	69.92	69.68	69.53

Competitive Comparison of Bank Fur Tirol und Vorarlberg AG's Cash-to-Debt

For the Banks - Regional subindustry, Bank Fur Tirol und Vorarlberg AG'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.

Bank Fur Tirol und Vorarlberg AG's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Fur Tirol und Vorarlberg AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bank Fur Tirol und Vorarlberg AG's Cash-to-Debt falls into.

Bank Fur Tirol und Vorarlberg AG 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.

Bank Fur Tirol und Vorarlberg AG'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)
	=	2549.361	/	(0	+	1062.944)
	=	2.40

Bank Fur Tirol und Vorarlberg AG's Cash to Debt Ratio for the quarter 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)
	=	2073.911	/	(0	+	29.827)
	=	69.53

Bank Fur Tirol und Vorarlberg AG (WBO:BTS) 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.

Bank Fur Tirol und Vorarlberg AG Cash-to-Debt Related Terms

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

Bank Fur Tirol und Vorarlberg AG (WBO:BTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Fur Tirol und Vorarlberg AG (WBO:BTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ZTY:Germany

Address

Stadtforum 1, Innsbruck, AUT, 6020

Website

http://www.btv.at

Bank Fur Tirol und Vorarlberg AG provides banking and financial products and services. It operates in Austria, Switzerland and Germany. It has corporate clients, retail clients, institutional clients and banks, leasing, and cable cars segments. The firm derives the majority of the revenues from the corporate client's segment.

Bank Fur Tirol und Vorarlberg AG (WBO:BTS) Headlines

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