Cardinal Financial (Cardinal Financial) Cash-to-Debt : 0.05 (As of Dec. 2016)

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What is Cardinal Financial 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. Cardinal Financial's cash to debt ratio for the quarter that ended in Dec. 2016 was 0.05.

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, Cardinal Financial couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2016.

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

CFNL's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.29
* Ranked among companies with meaningful Cash-to-Debt only.

Cardinal Financial Cash-to-Debt Historical Data

The historical data trend for Cardinal Financial'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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Cardinal Financial Cash-to-Debt Chart

Cardinal Financial Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

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0.05

0.04

0.05

Cardinal Financial Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.05	0.05	0.05	0.07

Competitive Comparison of Cardinal Financial's Cash-to-Debt

For the Banks - Regional subindustry, Cardinal Financial'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.

Cardinal Financial's Cash-to-Debt Distribution in the Banks Industry

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

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

Cardinal Financial 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.

Cardinal Financial's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 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)
	=	21.104	/	(0	+	426.671)
	=	0.05

Cardinal Financial's Cash to Debt Ratio for the quarter that ended in Dec. 2016 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)
	=	21.104	/	(0	+	426.671)
	=	0.05

Cardinal Financial (NAS:CFNL) 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.

Cardinal Financial Cash-to-Debt Related Terms

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

Cardinal Financial (Cardinal Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cardinal Financial Corp (NAS:CFNL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cardinalbank.com

Cardinal Financial Corporation was incorporated under the laws of Virginia as a financial holding Company on June, 25, 2003. The Company's activities consist of investments in its wholly-owned subsidiaries. The main operating subsidiary of the company is Cardinal Bank. Cardinal Bank offers a range of traditional bank loan and deposit products and services to both its commercial and retail customers. The Company's commercial relationship managers attract small and medium sized businesses as well as government contractors, commercial real estate developers and builders and professionals, such as physicians, accountants and attorneys. The Company operates in three business segments, commercial banking, mortgage banking and wealth management and trust services. The commercial banking segment includes both commercial and consumer lending and provides customers such products as commercial loans, real estate loans, and other business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products, including demand deposit accounts, savings accounts and certificates of deposit. The mortgage banking segment engages mainly in the origination and acquisition of residential mortgages for sale into the secondary market on a efforts basis. The wealth management and trust services segment provides investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, trust, estates, custody, investment management, escrows, and retirement plans. The Company competes as a financial intermediary with other commercial banks, savings and loan associations, savings banks, credit unions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, mutual fund groups and other types of financial institutions. The Bank is subject to regulation, supervision and examination by the Bureau of Financial Institutions of the Virginia State Corporation Commission. The Bank and its also are subject to regulation, supervision and examination by the Federal Deposit Insurance Corporation.

Executives

Mark A Wendel	officer: EVP/Chief Financial Officer	C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Bernard H Clineburg	director, officer: Executive Chairman	CARDINAL FINANCIAL CORP, 8270 GREENSBORO DRIVE STE 500, MCLEAN VA 22102
Barbara B Lang	director	8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Steven M Wiltse	director	11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Alan G Merten	director	11020 POPES HEAD ROAD, FAIRFAX VA 22030
Kendal E Carson	officer: President	514 MARKET STREET, PARKERSBURG WV 26101
Cynthia A Cole	officer: EVP/Marketing Director	8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102