Ohio Valley Banc (Ohio Valley Banc) Cash-to-Debt : 2.36 (As of Dec. 2023)

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What is Ohio Valley Banc 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. Ohio Valley Banc's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.36.

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, Ohio Valley Banc 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 Ohio Valley Banc's Cash-to-Debt or its related term are showing as below:

OVBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.92 Med: 1.62 Max: 5.27
Current: 2.44

During the past 13 years, Ohio Valley Banc's highest Cash to Debt Ratio was 5.27. The lowest was 0.92. And the median was 1.62.

OVBC's Cash-to-Debt is ranked better than
67.16% of 1431 companies
in the Banks industry
Industry Median: 1.3 vs OVBC: 2.44

Ohio Valley Banc Cash-to-Debt Historical Data

The historical data trend for Ohio Valley Banc'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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Ohio Valley Banc Cash-to-Debt Chart

Ohio Valley Banc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.26

3.78

5.27

1.73

2.36

Ohio Valley Banc 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															3.35	1.55	1.64	2.36	2.44

Competitive Comparison of Ohio Valley Banc's Cash-to-Debt

For the Banks - Regional subindustry, Ohio Valley Banc'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.

Ohio Valley Banc's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Ohio Valley Banc's Cash-to-Debt falls into.

Ohio Valley Banc 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.

Ohio Valley Banc'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)
	=	128.126	/	(0	+	54.298)
	=	2.36

Ohio Valley Banc'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)
	=	128.126	/	(0	+	54.298)
	=	2.36

Ohio Valley Banc (NAS:OVBC) 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.

Ohio Valley Banc Cash-to-Debt Related Terms

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

Ohio Valley Banc (Ohio Valley Banc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ohio Valley Banc Corporation (NAS:OVBC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

420 Third Avenue, PO Box 240, Gallipolis, OH, USA, 45631

Website

https://www.ovbc.com

Ohio Valley Banc Corporation is a financial holding company. The bank is a full-service financial institution offering a blend of commercial and consumer banking services within Southeastern Ohio as well as western West Virginia. The banking services offered by the bank include the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, and student loans; and the making of construction and real estate loans. It also offers individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. The bank segmented its operating activities into two reportable segments, Banking and Consumer Finance. The majority of its total revenue is derived from the Banking segment.

Executives

Edward Bryant Roberts	director	420 THIRD AVENUE, PO BOX 240, GALLIPOLIS OH 45631
Bryan F Stepp	officer: SVP and CCO	420 THIRD AVENUE, P O BOX 240, GALLIPOLIS OH 45631-0240
Anna P Barnitz	director	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Edward Allen Bell	other: Not a reporting person	5521 OHIO RIVER ROAD, POINT PLEASANT WV 25550
Ryan Joseph Jones	officer: RISK OFFICER/COO	420 THIRD AVENUE, GALLIPOLIS OH 45631
Brent A Saunders	director	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Kevin Ryan Smith	director	420 THIRD AVENUE, P.O. BOX 240, GALLIPOLIS OH 45631
David W Thomas	director	1204 BROKEN BOW CT, WESTERVILLE OH 43081-3262
Katrinka V Hart	officer: Vice President of OVBC	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Edward J Robbins	director	420 THIRD AVENUE P O BOX 240, GALLIPOLIS OH 45631
Thomas E Wiseman	director	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Kimberly A Canady	director	420 THIRD AVENUE P O BOX 240, GALLIPOLIS OH 45631
Jeffrey E Smith	director, officer: President and CEO of OVBC	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
John G Jones	director	420 THIRD AVENUE, P O BOX 240, GALLIPOLIS OH 45631
Harold A Howe	director, officer: Vice President of OVBC	P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240