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Wells Fargo (NYSE:WFC) Cash-to-Debt

: 0.92 (As of Sep. 2022)
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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. Wells Fargo's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.92.

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, Wells Fargo couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

WFC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07   Med: 0.19   Max: 1.52
Current: 0.7

During the past 13 years, Wells Fargo's highest Cash to Debt Ratio was 1.52. The lowest was 0.07. And the median was 0.19.

WFC's Cash-to-Debt is ranked worse than
64.28% of 1397 companies
in the Banks industry
Industry Median: 1.37 vs WFC: 0.70

Wells Fargo Cash-to-Debt Historical Data

The historical data trend for Wells Fargo'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.

* Premium members only.

Wells Fargo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.59 1.17 1.35 0.70

Wells Fargo Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 1.35 1.21 0.95 0.92 0.70

Competitive Comparison

For the Banks - Diversified subindustry, Wells Fargo'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.

   

Wells Fargo Cash-to-Debt Distribution

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

* The bar in red indicates where Wells Fargo's Cash-to-Debt falls in comparison to its industry or sector. The grey bar indicates the Cash-to-Debt's extreme value range as defined by GuruFocus.



Wells Fargo 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.

Wells Fargo's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Wells Fargo's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

* 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.


Wells Fargo  (NYSE:WFC) 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.


Wells Fargo Cash-to-Debt Related Terms

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


Wells Fargo (NYSE:WFC) Business Description

Wells Fargo logo
Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Executives
Kristy Fercho officer: Sr. Executive Vice President 5151 CORPORATE DRIVE, TROY MI 48098
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Felicia F Norwood director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Cecelia Morken director 26025 MUREAU ROAD, CALABASAS CA 91302
Bei Ling officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Kyle G Hranicky officer: Sr. Executive Vice President 1000 LOUISIANA STREET, HOUSTON TX 77002
Kleber Santos officer: Sr. Executive Vice President 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ather Iii Williams officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Michael P. Santomassimo officer: Sr. EVP & CFO 225 LIBERTY STREET, NEW YORK NY 10286
Mark A Chancy director 303 PEACHTREE ST., 30TH FLOOR, ATLANTA GA 30308
Lester Owens officer: Sr. Executive Vice President 240 GREENWICH STREET, NEW YORK NY 10286
Barry Sommers officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Michael S Weinbach officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Steven D Black director C/O JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Muneera S Carr officer: EVP, CAO & Controller 1717 MAIN STREET, MAIL CODE 6500, DALLAS TX 75201

Wells Fargo (NYSE:WFC) Headlines

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