Banco De Chile (Banco De Chile) Cash-to-Debt : 0.33 (As of Mar. 2024)

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What is Banco De Chile 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. Banco De Chile's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.33.

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, Banco De Chile couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BCH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.26 Max: 0.44
Current: 0.28

During the past 13 years, Banco De Chile's highest Cash to Debt Ratio was 0.44. The lowest was 0.17. And the median was 0.26.

BCH's Cash-to-Debt is ranked worse than
83.09% of 1431 companies
in the Banks industry
Industry Median: 1.3 vs BCH: 0.28

Banco De Chile Cash-to-Debt Historical Data

The historical data trend for Banco De Chile'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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Banco De Chile Cash-to-Debt Chart

Banco De Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.30

0.32

0.44

0.34

0.28

Banco De Chile 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															0.32	0.26	0.34	0.28	0.33

Competitive Comparison of Banco De Chile's Cash-to-Debt

For the Banks - Regional subindustry, Banco De Chile'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.

Banco De Chile's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Banco De Chile's Cash-to-Debt falls into.

Banco De Chile 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.

Banco De Chile'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)
	=	3299.333	/	(0	+	11998.029)
	=	0.27

Banco De Chile'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)
	=	4146.365	/	(0	+	12711.072)
	=	0.33

Banco De Chile (NYSE:BCH) 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.

Banco De Chile Cash-to-Debt Related Terms

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Banco De Chile (Banco De Chile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Chile (NYSE:BCH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

G4RA:Germany CHILE:Chile

Address

Paseo Ahumada 251, Santiago, CHL

Website

https://www.bancochile.cl

Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.