Banque Nationale de Belgique (XBRU:BNB) Cash-to-Debt : 0.56 (As of Dec. 2022)

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What is Banque Nationale de Belgique 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. Banque Nationale de Belgique's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.56.

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, Banque Nationale de Belgique couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

XBRU:BNB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 0.42 Max: 0.56
Current: 0.56

During the past 13 years, Banque Nationale de Belgique's highest Cash to Debt Ratio was 0.56. The lowest was 0.39. And the median was 0.42.

XBRU:BNB's Cash-to-Debt is ranked worse than
70.19% of 1439 companies
in the Banks industry
Industry Median: 1.25 vs XBRU:BNB: 0.56

Banque Nationale de Belgique Cash-to-Debt Historical Data

The historical data trend for Banque Nationale de Belgique'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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Banque Nationale de Belgique Cash-to-Debt Chart

Banque Nationale de Belgique Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.39

0.41

0.40

0.55

0.56

Banque Nationale de Belgique Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash-to-Debt	Get a 7-Day Free Trial												0.39	0.41	0.40	0.55	0.56

Competitive Comparison of Banque Nationale de Belgique's Cash-to-Debt

For the Banks - Regional subindustry, Banque Nationale de Belgique'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.

Banque Nationale de Belgique's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Banque Nationale de Belgique's Cash-to-Debt falls into.

Banque Nationale de Belgique 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.

Banque Nationale de Belgique'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)
	=	29541.065	/	(0	+	52694.546)
	=	0.56

Banque Nationale de Belgique's Cash to Debt Ratio for the quarter 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)
	=	29541.065	/	(0	+	52694.546)
	=	0.56

Banque Nationale de Belgique (XBRU:BNB) 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.

Banque Nationale de Belgique Cash-to-Debt Related Terms

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

Banque Nationale de Belgique (XBRU:BNB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Nationale de Belgique SA (XBRU:BNB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BKB:Germany

Address

Boulevard de Berlaimont 14, Brussels, BEL, 1000

Website

http://www.bnb.be

Banque Nationale de Belgique SA, or the National Bank of Belgium, is the country's central bank. The bank does not operate like other banks whose chief objective is profit maximization for its shareholders. Its primary aim is to maintain price stability as well as supervision of the Belgian financial sector and other related tasks in the national interest. The most notable portion of assets on the balance sheet include securities held for monetary policy purposes. Other notable assets include other securities and net claims related to the allocation of euro banknotes within the Eurosystem. Net interest income is the overwhelming majority of net revenue.