Surnadal Sparebank (OSL:SUSB) Cash-to-Debt : 0.00 (As of Mar. 2021)

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What is Surnadal Sparebank 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. Surnadal Sparebank's cash to debt ratio for the quarter that ended in Mar. 2021 was 0.00.

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, Surnadal Sparebank couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

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

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

Surnadal Sparebank Cash-to-Debt Historical Data

The historical data trend for Surnadal Sparebank'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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Surnadal Sparebank Cash-to-Debt Chart

Surnadal Sparebank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

0.03

0.05

Surnadal Sparebank Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash-to-Debt	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Surnadal Sparebank's Cash-to-Debt

For the Banks - Regional subindustry, Surnadal Sparebank'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.

Surnadal Sparebank's Cash-to-Debt Distribution in the Banks Industry

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

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

Surnadal Sparebank 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.

Surnadal Sparebank's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	2.532	/	(0	+	1604.708)
	=	0.00

Surnadal Sparebank's Cash to Debt Ratio for the quarter that ended in Mar. 2021 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)
	=	2.472	/	(0	+	1524.405)
	=	0.00

Surnadal Sparebank (OSL:SUSB) 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.

Surnadal Sparebank Cash-to-Debt Related Terms

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Surnadal Sparebank (OSL:SUSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Surnadal Sparebank (OSL:SUSB) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Bardshaugvegen 7, Surnadal, NOR, 6650

Website

https://www.bank.no

Surnadal Sparebank is an independent saving bank. It is a medium-sized savings bank with a wide range of products and services within loans, placement, self-service solutions, cards, insurance and real estate.