MF Banka AD (XBLB:IEFB-R-A) Cash-to-Debt : 1.70 (As of Dec. 2023)

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What is MF Banka AD 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. MF Banka AD's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.70.

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, MF Banka AD could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XBLB:IEFB-R-A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.99 Med: 1.8 Max: 4.61
Current: 1.7

During the past 13 years, MF Banka AD's highest Cash to Debt Ratio was 4.61. The lowest was 0.99. And the median was 1.80.

XBLB:IEFB-R-A's Cash-to-Debt is ranked better than
57.54% of 1425 companies
in the Banks industry
Industry Median: 1.3 vs XBLB:IEFB-R-A: 1.70

MF Banka AD Cash-to-Debt Historical Data

The historical data trend for MF Banka AD'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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MF Banka AD Cash-to-Debt Chart

MF Banka AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.36

1.90

1.86

1.75

1.70

MF Banka AD Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.86	2.08	1.75	1.76	1.70

Competitive Comparison of MF Banka AD's Cash-to-Debt

For the Banks - Regional subindustry, MF Banka AD'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.

MF Banka AD's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where MF Banka AD's Cash-to-Debt falls into.

MF Banka AD 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.

MF Banka AD'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)
	=	169.68	/	(0	+	99.972)
	=	1.70

MF Banka AD'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)
	=	169.68	/	(0	+	99.972)
	=	1.70

MF Banka AD (XBLB:IEFB-R-A) 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.

MF Banka AD Cash-to-Debt Related Terms

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

MF Banka AD (XBLB:IEFB-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MF Banka AD (XBLB:IEFB-R-A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aleja Svetog Save Street No. 61, Banja Luka, BIH

Website

https://www.mfbanka.com

MF Banka AD provides is a regional bank engaged in providing banking products and services. The bank is licensed to perform banking activities that include payment transfers, crediting and depositary operations in the country and abroad. It offers savings products, loans, domestic and foreign payment services, deposit and documentary operations services, cards, and electronic and mobile banking, SMS, and ATM services. Geographically it operates in the region of Bosnia and Herzegovina and serves individuals, businesses, and small and medium-sized enterprises.

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