Northwest Bancshares (Northwest Bancshares) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is Northwest Bancshares 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. Northwest Bancshares's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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, Northwest Bancshares couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NWBI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.22 Max: 3.27
Current: 0.19

During the past 13 years, Northwest Bancshares's highest Cash to Debt Ratio was 3.27. The lowest was 0.15. And the median was 0.22.

NWBI's Cash-to-Debt is ranked worse than
88.41% of 1424 companies
in the Banks industry
Industry Median: 1.295 vs NWBI: 0.19

Northwest Bancshares Cash-to-Debt Historical Data

The historical data trend for Northwest Bancshares'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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Northwest Bancshares Cash-to-Debt Chart

Northwest Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.17

1.79

3.27

0.15

0.19

Northwest Bancshares 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															0.10	0.15	0.19	0.19	0.19

Competitive Comparison of Northwest Bancshares's Cash-to-Debt

For the Banks - Regional subindustry, Northwest Bancshares'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.

Northwest Bancshares's Cash-to-Debt Distribution in the Banks Industry

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

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

Northwest Bancshares 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.

Northwest Bancshares'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)
	=	122.26	/	(398.895	+	243.763)
	=	0.19

Northwest Bancshares'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)
	=	122.26	/	(398.895	+	243.763)
	=	0.19

Northwest Bancshares (NAS:NWBI) 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.

Northwest Bancshares Cash-to-Debt Related Terms

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

Northwest Bancshares (Northwest Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northwest Bancshares Inc (NAS:NWBI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NHS:Germany

Address

3 Easton Oval, Suite 500, Columbus, OH, USA, 43219

Website

https://www.northwest.bank

Northwest Bancshares Inc is a stockholding company for Northwest Bank. Northwest Bank is a stock savings bank and a community-oriented financial institution offering personal and banking business solutions, investment management, trust services and insurance products. It also offers consumer finance loans through a wholly-owned subsidiary. The bank's loan portfolio segment consists of personal banking and business banking loans. Personal banking includes residential mortgages, home equity loans, and other consumer loans. Business banking loans consist of commercial real estate loans and commercial loans. Net interest income is the company's primary contributor to revenue.

Executives

Timothy B Fannin	director	100 LIBERTY STREET, WARREN PA 16365
Devin T Cygnar	officer: EVP, Chief Marketing Officer	100 LIBERTY STREET, WARREN PA 16365
Jeffrey J Maddigan	officer: EVP, Corporate Treasurer	3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Louis J Torchio	officer: Sr. EVP Retail Lending	100 LIBERTY STREET, WARREN PA 16365
Carey A. Barnum	officer: SVP, Chief Auditor	3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Scott J Watson	officer: EVP, Chief Information Officer	100 LIBERTY STREET, WARREN PA 16365
Jacques Marc Desmarteau	officer: SEVP, Chief Comm. Banking Ofc.	3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
James M Colestro	officer: EVP, Retail Lend & Bus Banking	3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Amber Lee Williams	director	3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Mark A Paup	director	100 LIBERTY STREET, WARREN PA 16365
Robert M Campana	director	NORTHWEST BANCSHARES, INC., 100 LIBERTY STREET, WARREN PA 16365
David M Tullio	director	100 LIBERTY STREET, WARREN PA 16365
Richard K Laws	officer: EVP Chief Legal Counsel	100 LIBERTY STREET, WARREN PA 16365
Mark T. Reitzes	officer: EVP Head of Commercial Lending	3723 GLENMORE AVENUE, CHEVIOT OH 45211
Gregory J. Betchkal	officer: EVP, Chief Risk Officer	3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219