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Mission Bancorp (Mission Bancorp) Cash-to-Debt : 4.01 (As of Sep. 2023)


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What is Mission Bancorp 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. Mission Bancorp's cash to debt ratio for the quarter that ended in Sep. 2023 was 4.01.

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, Mission Bancorp could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

MSBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.01   Med: 4.01   Max: 4.01
Current: 4.01

During the past 5 years, Mission Bancorp's highest Cash to Debt Ratio was 4.01. The lowest was 4.01. And the median was 4.01.

MSBC's Cash-to-Debt is ranked better than
77.39% of 1424 companies
in the Banks industry
Industry Median: 1.29 vs MSBC: 4.01

Mission Bancorp Cash-to-Debt Historical Data

The historical data trend for Mission Bancorp'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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Mission Bancorp Cash-to-Debt Chart

Mission Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Cash-to-Debt
No Debt No Debt No Debt No Debt No Debt

Mission Bancorp Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Sep22 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt N/A 4.01

Competitive Comparison of Mission Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Mission Bancorp'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.

Mission Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

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


Mission Bancorp 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.

Mission Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2006 is calculated as:

Mission Bancorp had no debt (1).

Mission Bancorp's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=167.686 / (0 + 41.845)
=4.01

* 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.

Mission Bancorp  (OTCPK:MSBC) 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.

Mission Bancorp Cash-to-Debt Related Terms

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Mission Bancorp (Mission Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mission Bancorp (OTCPK:MSBC) » Definitions » Cash-to-Debt
Comparable Companies
CVLY SSBK PCB SFST LCNB NECB USCB BLFY ALPIB PLBC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
1301 17th Street, Bakersfield, CA, USA, 93301
Website
http://www.missionbank.com
Mission Bancorp through its wholly owned subsidiary Mission Bank is a single bank holding company. The company offers a full range of commercial banking services primarily to the business and professional community and individuals.