Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Cash-to-Debt : 2.22 (As of Dec. 2023)

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What is Sai Gon - Hanoi Commercial Joint Stock Bank 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. Sai Gon - Hanoi Commercial Joint Stock Bank's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.22.

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, Sai Gon - Hanoi Commercial Joint Stock Bank 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 Sai Gon - Hanoi Commercial Joint Stock Bank's Cash-to-Debt or its related term are showing as below:

STC:SHB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.87 Med: 1.21 Max: 2.69
Current: 2.22

During the past 13 years, Sai Gon - Hanoi Commercial Joint Stock Bank's highest Cash to Debt Ratio was 2.69. The lowest was 0.87. And the median was 1.21.

STC:SHB's Cash-to-Debt is ranked better than
65.06% of 1431 companies
in the Banks industry
Industry Median: 1.3 vs STC:SHB: 2.22

Sai Gon - Hanoi Commercial Joint Stock Bank Cash-to-Debt Historical Data

The historical data trend for Sai Gon - Hanoi Commercial Joint Stock Bank'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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Sai Gon - Hanoi Commercial Joint Stock Bank Cash-to-Debt Chart

Sai Gon - Hanoi Commercial Joint Stock Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.99

0.92

1.30

1.60

2.22

Sai Gon - Hanoi Commercial Joint Stock Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.60	1.38	1.63	1.93	2.22

Competitive Comparison of Sai Gon - Hanoi Commercial Joint Stock Bank's Cash-to-Debt

For the Banks - Regional subindustry, Sai Gon - Hanoi Commercial Joint Stock Bank'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.

Sai Gon - Hanoi Commercial Joint Stock Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sai Gon - Hanoi Commercial Joint Stock Bank's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sai Gon - Hanoi Commercial Joint Stock Bank's Cash-to-Debt falls into.

Sai Gon - Hanoi Commercial Joint Stock Bank 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.

Sai Gon - Hanoi Commercial Joint Stock Bank'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)
	=	110960400	/	(0	+	49913166)
	=	2.22

Sai Gon - Hanoi Commercial Joint Stock Bank'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)
	=	110960400	/	(0	+	49913166)
	=	2.22

Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) 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.

Sai Gon - Hanoi Commercial Joint Stock Bank Cash-to-Debt Related Terms

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

Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Tran Hung Dao Street, Hoan Kiem District, Hanoi, VNM

Website

https://www.shb.com.vn

Sai Gon - Hanoi Commercial Joint Stock Bank is a Vietnam-based banking corporation. It offers various banking services to its customers including retail banking, corporate banking, and other banking-related services. Its products and services include savings, current account, money transfer services, E-banking, guarantee service, and forex trading and treasury services. It also provides credit in the form of car loans, rubber loans, agricultural product loans, business overdraft, and medium and long-term loans and credit facilities. The company has four reportable segments such as credit, investment, services, and treasury. The primary source of its revenue is interest income, commission, and fees received by providing advisory and financial services to the customer.

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