Bank of Valletta (MAL:BOV) Cash-to-Debt : 4.52 (As of Dec. 2023)

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What is Bank of Valletta 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. Bank of Valletta's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.52.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Bank of Valletta could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

MAL:BOV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 5.51 Max: 26.93
Current: 4.52

During the past 13 years, Bank of Valletta's highest Cash to Debt Ratio was 26.93. The lowest was 0.49. And the median was 5.51.

MAL:BOV's Cash-to-Debt is ranked better than
79.24% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs MAL:BOV: 4.52

Bank of Valletta Cash-to-Debt Historical Data

The historical data trend for Bank of Valletta'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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Bank of Valletta Cash-to-Debt Chart

Bank of Valletta Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

15.06

22.05

26.93

6.49

4.52

Bank of Valletta Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															26.93	26.96	6.49	5.37	4.52

Competitive Comparison of Bank of Valletta's Cash-to-Debt

For the Banks - Regional subindustry, Bank of Valletta'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.

Bank of Valletta's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Valletta's Cash-to-Debt falls into.

Bank of Valletta 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.

Bank of Valletta'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)
	=	2353.317	/	(0	+	520.229)
	=	4.52

Bank of Valletta's Cash to Debt Ratio for the quarter 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)
	=	2353.317	/	(0	+	520.229)
	=	4.52

Bank of Valletta (MAL:BOV) 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.

Bank of Valletta Cash-to-Debt Related Terms

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

Bank of Valletta (MAL:BOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Valletta PLC (MAL:BOV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

58, Triq San Zakkarija, Il-Belt, Valletta, MLT, VLT1130

Website

https://www.bov.com

Bank of Valletta PLC is a public limited company. It provides investment services business. It also provides retail banking services as well as the sale of financial products such as units in collective investment schemes. The group has operating segments which consist of Retail Banking, Wealth Management, Business Banking, Treasury, Associates and Others. The group earns the majority of its revenue from Business Banking. Interest income is the main revenue generating activity.

Bank of Valletta (MAL:BOV) Headlines

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