Schweizerische Nationalbank (XSWX:SNBN) Cash-to-Debt

: 0.45 (As of Jun. 2023)

View and export this data going back to 1996. Start your Free Trial

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. Schweizerische Nationalbank's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.45.

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, Schweizerische Nationalbank couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

XSWX:SNBN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.91 Med: No Debt Max: No Debt
Current: 0.91

During the past 13 years, Schweizerische Nationalbank's highest Cash to Debt Ratio was No Debt. The lowest was 0.91. And the median was No Debt.

XSWX:SNBN's Cash-to-Debt is ranked worse than
58.05% of 1447 companies
in the Banks industry
Industry Median: 1.23 vs XSWX:SNBN: 0.91

Schweizerische Nationalbank Cash-to-Debt Historical Data

The historical data trend for Schweizerische Nationalbank'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.

* Premium members only.

Schweizerische Nationalbank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

1.50

0.91

Schweizerische Nationalbank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt																3.18	1.50	0.61	0.45	0.91

Competitive Comparison

For the Banks - Regional subindustry, Schweizerische Nationalbank'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.

Schweizerische Nationalbank Cash-to-Debt Distribution

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

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

Schweizerische Nationalbank 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.

Schweizerische Nationalbank's Cash to Debt Ratio for the fiscal year 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)
	=	79170.4	/	(0	+	86699.7)
	=	0.91

Schweizerische Nationalbank's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	59363.3	/	(0	+	131384.4)
	=	0.45

Schweizerische Nationalbank (XSWX:SNBN) 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.

Schweizerische Nationalbank Cash-to-Debt Related Terms

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

Schweizerische Nationalbank (XSWX:SNBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Schweizerische Nationalbank (XSWX:SNBN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SNBNz:UK

Address

Borsenstrasse 15, Zurich, CHE, 8022

Website

https://www.snb.ch

Schweizerische Nationalbank is a special-statute joint-stock company. The bank conducts the country's monetary policy as an independent central bank. It provides banking services to the confederation. Its primary goal is to ensure price stability while taking due account economic developments. In addition, the bank engages in money market operations, asset management, economic affairs, international monetary cooperation and statistics, and risk management.

Schweizerische Nationalbank (XSWX:SNBN) Headlines

No Headlines