Tri City Bankshares (Tri City Bankshares) Cash-to-Debt : 0.55 (As of Sep. 2023)

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What is Tri City Bankshares 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. Tri City Bankshares's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.55.

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, Tri City Bankshares couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

TRCY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.55 Med: No Debt Max: No Debt
Current: 0.55

During the past 13 years, Tri City Bankshares's highest Cash to Debt Ratio was No Debt. The lowest was 0.55. And the median was No Debt.

TRCY's Cash-to-Debt is ranked worse than
71.61% of 1423 companies
in the Banks industry
Industry Median: 1.3 vs TRCY: 0.55

Tri City Bankshares Cash-to-Debt Historical Data

The historical data trend for Tri City Bankshares'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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Tri City Bankshares Cash-to-Debt Chart

Tri City Bankshares Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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No Debt

5.26

11.77

Tri City Bankshares Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															11.11	11.77	17.08	N/A	0.55

Competitive Comparison of Tri City Bankshares's Cash-to-Debt

For the Banks - Regional subindustry, Tri City Bankshares'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.

Tri City Bankshares's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Tri City Bankshares's Cash-to-Debt falls into.

Tri City Bankshares 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.

Tri City Bankshares'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)
	=	184.345	/	(0	+	15.66)
	=	11.77

Tri City Bankshares'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)
	=	89.555	/	(0	+	162.255)
	=	0.55

Tri City Bankshares (OTCPK:TRCY) 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.

Tri City Bankshares Cash-to-Debt Related Terms

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

Tri City Bankshares (Tri City Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tri City Bankshares Corp (OTCPK:TRCY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6400 South 27th Street, Oak Creek, WI, USA, 53154

Website

https://www.tcnb.com

Tri City Bankshares Corp is a bank holding company. It provides consumer and commercial banking services to individuals and businesses. The services provided by the bank are loan facilities, credit card facilities, reverse mortgages, online banking services, business cards, savings facilities, and other services. It has one reportable segment community banking.

Executives

Christ Krantz	director	9999 W NORTH AVE, STE 115, WAUWATOSA WI 53226
Frederick R Klug	officer: Sr. Vice President & CFO
Scott D Geradin	director, officer: Senior Vice President	6400 S 27TH STREET, OAK CREEK WI 53154
William Gravitter	director
Frank Bauer	director	W312 S5860 DABLE ROAD, MUKWONAGO WI 53149
Thomas G Ulrich	other: See remarks below	P.O. BOX 180437, DELAFIELD WI 53018-1590
Ulrich Voting Trust	10 percent owner	C/O KATHLEEN L. MCGARRY, VOTING TRUSTEE, P.O.BOX 180437, DELAFIELD WI 53018-0437
Kathleen L Mcgarry	other: See remarks below	P.O. BOX 180437, DELAFIELD WI 53018-0437
Scott A Wilson	director, officer: Sr. Vice Pres./Secretary	8410 S 29TH STREET, OAK CREED WI 53154
Sanford Fedderly	director	161 E BAY RIDGE DRIVE, FORT LAUDERDALE FL 33326
Brian T Mcgarry	director	P.O. BOX 180437, DELAFIELD WI 53018-0437
Agatha T Ulrich	director, 10 percent owner
Ulrich David A Jr	director	7388 TRINITY COURT, FRANKLIN WI 53132
William N Beres	director	21095 STRATFORD COURT, BROOKFIELD WI 53045
Robert W Orth	director, officer: Senior Vice President	8410 S 29TH STREET, OAK CREED WI 53154

Tri City Bankshares (Tri City Bankshares) Headlines

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