Home BancShares (Home BancShares) Cash-to-Debt : 0.57 (As of Dec. 2023)

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What is Home BancShares 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. Home BancShares's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.57.

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, Home BancShares couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HOMB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.44 Max: 4.73
Current: 0.68

During the past 13 years, Home BancShares's highest Cash to Debt Ratio was 4.73. The lowest was 0.15. And the median was 0.44.

HOMB's Cash-to-Debt is ranked worse than
65.28% of 1440 companies
in the Banks industry
Industry Median: 1.245 vs HOMB: 0.68

Home BancShares Cash-to-Debt Historical Data

The historical data trend for Home BancShares'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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Home BancShares Cash-to-Debt Chart

Home BancShares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.50

1.64

4.73

0.67

0.57

Home BancShares 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															0.63	0.54	0.34	0.57	0.68

Competitive Comparison of Home BancShares's Cash-to-Debt

For the Banks - Regional subindustry, Home BancShares'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.

Home BancShares's Cash-to-Debt Distribution in the Banks Industry

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

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

Home BancShares 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.

Home BancShares'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)
	=	1000.213	/	(0	+	1741.134)
	=	0.57

Home BancShares'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)
	=	1000.213	/	(0	+	1741.134)
	=	0.57

Home BancShares (NYSE:HOMB) 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.

Home BancShares Cash-to-Debt Related Terms

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

Home BancShares (Home BancShares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Home BancShares Inc (NYSE:HOMB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

719 Harkrider, Suite 100, Conway, AR, USA, 72032

Website

https://www.homebancshares.com

Home BancShares Inc is a bank holding company that primarily operates through its wholly owned community bank subsidiary, Centennial Bank. The bank provides a broad range of commercial and retail banking, as well as related financial services, to a diverse customer base. Its customer base includes businesses, real estate developers and investors, individuals, and municipalities. The company's loan portfolio, while diversified, is typically between half and two thirds in commercial real estate loans. The company's strategy emphasizes growth, both through strategic acquisitions and organically within its existing markets. The bank also emphasizes attracting experienced bankers, strong credit quality, and a solid balance sheet. The bank's main source of net revenue is net interest income.

Executives

James Pat Hickman	director	P.O. BOX 966, CONWAY AR 72033
Adcock Robert H Jr	director	P O BOX 966, CONWAY AR 72033
Tracy French	director, officer: Centennial Bank CEO/ President	78 GREYSTONE BLVD, CABOT AR 72023
Carter Russell Davis Iii	officer: Executive Vice President	15 GETTYSBURG SOUTH, CABOT AR 72023
Williamson Kenneth Mikel Jr	officer: Centennial Bank Regional Pres.	P.O. BOX 966, CONWAY AR 72033
Larry W Ross	director	P.O. BOX 966, CONWAY AR 72033
Richard H Ashley	director	2851 LAKEWOOD VILLAGE DR., NORTH LITTLE ROCK AR 72116
Brian Davis	director, officer: Chief Financial Officer	6 GATEWOOD CV, LITTLE ROCK AR 72206
Jim Rankin	director	P.O. BOX 966, CONWAY AR 72033
Alex R Lieblong	director	210 E. ELM STREET, P. O. BOX 7200, EL DORADO AR 71730
John Stephen Tipton	officer: Chief Operating Officer	P.O. BOX 966, CONWAY AR 72033
Jack Engelkes	director	P O BOX 1167, CONWAY AR 72032
Jennifer C. Floyd	officer: Chief Accounting Officer	P.O. BOX 966, CONWAY AR 72033
John W Allison	director, officer: Chairman
James G Hinkle	director	P.O. BOX 1228, MOUNTAIN VIEW AR 72560