Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Cash-to-Debt : 0.44 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Banco Latinoamericano de Comercio Exterior 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. Banco Latinoamericano de Comercio Exterior's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.44.

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, Banco Latinoamericano de Comercio Exterior couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Banco Latinoamericano de Comercio Exterior's Cash-to-Debt or its related term are showing as below:

BLX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.33 Max: 0.77
Current: 0.44

During the past 13 years, Banco Latinoamericano de Comercio Exterior's highest Cash to Debt Ratio was 0.77. The lowest was 0.18. And the median was 0.33.

BLX's Cash-to-Debt is ranked worse than
75.89% of 1431 companies
in the Banks industry
Industry Median: 1.3 vs BLX: 0.44

Banco Latinoamericano de Comercio Exterior Cash-to-Debt Historical Data

The historical data trend for Banco Latinoamericano de Comercio Exterior'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.

Banco Latinoamericano de Comercio Exterior Cash-to-Debt Chart

Banco Latinoamericano de Comercio Exterior Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.38

0.44

0.38

0.28

0.47

Banco Latinoamericano de Comercio Exterior 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															0.33	0.45	0.40	0.47	0.44

Competitive Comparison of Banco Latinoamericano de Comercio Exterior's Cash-to-Debt

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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.

Banco Latinoamericano de Comercio Exterior's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Latinoamericano de Comercio Exterior's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's Cash-to-Debt falls into.

Banco Latinoamericano de Comercio Exterior 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.

Banco Latinoamericano de Comercio Exterior'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)
	=	2047.452	/	(1725.748	+	2642.947)
	=	0.47

Banco Latinoamericano de Comercio Exterior's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	1726.295	/	(0	+	3949.737)
	=	0.44

Banco Latinoamericano de Comercio Exterior (NYSE:BLX) 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.

Banco Latinoamericano de Comercio Exterior Cash-to-Debt Related Terms

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

Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

D8Q:Germany D8Q:Germany

Address

Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN

Website

https://www.bladex.com

Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.