Stopanska banka AD Skopje (XMAE:STB) Cash-to-Debt : 7.94 (As of Mar. 2024)

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What is Stopanska banka AD Skopje 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. Stopanska banka AD Skopje's cash to debt ratio for the quarter that ended in Mar. 2024 was 7.94.

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, Stopanska banka AD Skopje could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XMAE:STB' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.58 Med: 31.53 Max: 365.36
Current: 7.94

During the past 13 years, Stopanska banka AD Skopje's highest Cash to Debt Ratio was 365.36. The lowest was 3.58. And the median was 31.53.

XMAE:STB's Cash-to-Debt is ranked better than
84.5% of 1432 companies
in the Banks industry
Industry Median: 1.3 vs XMAE:STB: 7.94

Stopanska banka AD Skopje Cash-to-Debt Historical Data

The historical data trend for Stopanska banka AD Skopje'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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Stopanska banka AD Skopje Cash-to-Debt Chart

Stopanska banka AD Skopje Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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101.69

32.69

12.36

11.58

8.97

Stopanska banka AD Skopje 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															9.68	10.14	11.05	8.97	7.94

Competitive Comparison of Stopanska banka AD Skopje's Cash-to-Debt

For the Banks - Regional subindustry, Stopanska banka AD Skopje'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.

Stopanska banka AD Skopje's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Stopanska banka AD Skopje's Cash-to-Debt falls into.

Stopanska banka AD Skopje 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.

Stopanska banka AD Skopje'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)
	=	24565.915	/	(0	+	2739.776)
	=	8.97

Stopanska banka AD Skopje's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	20889.116	/	(0	+	2631.724)
	=	7.94

Stopanska banka AD Skopje (XMAE:STB) 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.

Stopanska banka AD Skopje Cash-to-Debt Related Terms

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

Stopanska banka AD Skopje (XMAE:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stopanska banka AD Skopje (XMAE:STB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STBP.PFD:Macedonia SBT:Macedonia

Address

Street 11 October 7, Skopje, MKD, 1000

Website

http://www.stb.com.mk

Stopanska banka AD Skopje operates as a bank in Macedonia providing financial products and services for retail and corporate segment operation. The bank provides various types of loan, deposit as well as a variety of other traditional services, deposit accounts, loans, foreign exchange and trade service, safekeeping and administration of financial instruments for clients, including custodianship and related services and own portfolio management bonds investment portfolio to individuals, large, medium-sized and small companies. The bank operates its business in three segments Retail banking, Corporate banking, and Investment banking and generates revenues from interest income and commission income.