Bank of Queensland (Bank of Queensland) Cash-to-Debt

: 0.18 (As of Feb. 2024)

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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. Bank of Queensland's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.18.

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, Bank of Queensland couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

BKQNY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.14 Max: 0.19
Current: 0.18

During the past 13 years, Bank of Queensland's highest Cash to Debt Ratio was 0.19. The lowest was 0.10. And the median was 0.14.

BKQNY's Cash-to-Debt is ranked worse than
88.5% of 1443 companies
in the Banks industry
Industry Median: 1.23 vs BKQNY: 0.18

Bank of Queensland Cash-to-Debt Historical Data

The historical data trend for Bank of Queensland'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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Bank of Queensland Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

0.17

0.19

0.18

0.15

Bank of Queensland Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt																0.13	0.15	0.14	0.15	0.18

Competitive Comparison

For the Banks - Regional subindustry, Bank of Queensland'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.

Bank of Queensland Cash-to-Debt Distribution

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

* The bar in red indicates where Bank of Queensland's Cash-to-Debt falls into.

Bank of Queensland 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.

Bank of Queensland's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	1864.462	/	(0	+	12530.48)
	=	0.15

Bank of Queensland's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	2064.579	/	(0	+	11521.2)
	=	0.18

Bank of Queensland (OTCPK:BKQNY) 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.

Bank of Queensland Cash-to-Debt Related Terms

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

Bank of Queensland (Bank of Queensland) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Queensland Ltd (OTCPK:BKQNY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BXZ:Germany BOQPF.PFD:Australia BOQPE.PFD:Australia BOQ:Australia

Address

100 Skyring Terrace, Level 6, Newstead, QLD, AUS, 4006

Website

https://www.boq.com.au

Bank of Queensland, or BOQ, is an Australia-based bank offering home loans, personal finance, and commercial loans. BOQ operates both owner-managed and corporate branches, and is the owner of Virgin Money Australia and Me Bank. Its BOQ business includes the BOQ branded commercial lending activity, BOQ Finance and BOQ Specialist businesses. The division provides tailored business banking solutions including commercial lending, equipment finance and leasing, cash flow finance, foreign exchange, interest rate hedging, transaction banking, and deposit solutions for commercial customers.

Bank of Queensland (Bank of Queensland) Headlines

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