Stanbic IBTC Holdings (NSA:STANBIC) Cash-to-Debt : 3.06 (As of Sep. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Stanbic IBTC Holdings 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. Stanbic IBTC Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 3.06.

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, Stanbic IBTC Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

NSA:STANBIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.74 Med: 2.95 Max: 5.06
Current: 3.06

During the past 13 years, Stanbic IBTC Holdings's highest Cash to Debt Ratio was 5.06. The lowest was 1.74. And the median was 2.95.

NSA:STANBIC's Cash-to-Debt is ranked better than
72.68% of 1424 companies
in the Banks industry
Industry Median: 1.29 vs NSA:STANBIC: 3.06

Stanbic IBTC Holdings Cash-to-Debt Historical Data

The historical data trend for Stanbic IBTC Holdings'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.

Stanbic IBTC Holdings Cash-to-Debt Chart

Stanbic IBTC Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

3.74

2.47

2.97

3.98

2.68

Stanbic IBTC Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															2.80	2.68	3.28	2.86	3.06

Competitive Comparison of Stanbic IBTC Holdings's Cash-to-Debt

For the Banks - Regional subindustry, Stanbic IBTC Holdings'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.

Stanbic IBTC Holdings's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Stanbic IBTC Holdings's Cash-to-Debt falls into.

Stanbic IBTC Holdings 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.

Stanbic IBTC Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	664450	/	(0	+	247830)
	=	2.68

Stanbic IBTC Holdings'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)
	=	1249167	/	(0	+	407662)
	=	3.06

Stanbic IBTC Holdings (NSA:STANBIC) 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.

Stanbic IBTC Holdings Cash-to-Debt Related Terms

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

Stanbic IBTC Holdings (NSA:STANBIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stanbic IBTC Holdings PLC (NSA:STANBIC) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Walter Carrington Crescent, IBTC Place, P.O. Box 71707, Victoria Island, Lagos, NGA

Website

https://www.stanbicibtcbank.com

Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Clients; Wholesale Clients and Consumer and High Net Worth Clients. It generates maximum revenue from the Consumer and High Net Worth Clients segment. The Consumer and High Net Worth (CHNW) client segment is responsible for the end-to-end lifecycle of clients.

Stanbic IBTC Holdings (NSA:STANBIC) Headlines

No Headlines