Alpine Banks of Colorado (Alpine Banks of Colorado) Cash-to-Debt : 3.42 (As of Mar. 2024)

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What is Alpine Banks of Colorado 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. Alpine Banks of Colorado's cash to debt ratio for the quarter that ended in Mar. 2024 was 3.42.

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, Alpine Banks of Colorado could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ALPIB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.58 Med: 3.99 Max: 9.42
Current: 3.42

During the past 5 years, Alpine Banks of Colorado's highest Cash to Debt Ratio was 9.42. The lowest was 0.58. And the median was 3.99.

ALPIB's Cash-to-Debt is ranked better than
74.88% of 1425 companies
in the Banks industry
Industry Median: 1.29 vs ALPIB: 3.42

Alpine Banks of Colorado Cash-to-Debt Historical Data

The historical data trend for Alpine Banks of Colorado'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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Alpine Banks of Colorado Cash-to-Debt Chart

Alpine Banks of Colorado Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

4.56

7.25

7.23

0.58

1.32

Alpine Banks of Colorado Quarterly Data
	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														1.15	1.18	2.22	1.32	3.42

Competitive Comparison of Alpine Banks of Colorado's Cash-to-Debt

For the Banks - Regional subindustry, Alpine Banks of Colorado'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.

Alpine Banks of Colorado's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Alpine Banks of Colorado's Cash-to-Debt falls into.

Alpine Banks of Colorado 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.

Alpine Banks of Colorado'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)
	=	223.731	/	(0	+	169.179)
	=	1.32

Alpine Banks of Colorado'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)
	=	407.605	/	(0	+	119.179)
	=	3.42

Alpine Banks of Colorado (OTCPK:ALPIB) 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.

Alpine Banks of Colorado Cash-to-Debt Related Terms

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Alpine Banks of Colorado (Alpine Banks of Colorado) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alpine Banks of Colorado (OTCPK:ALPIB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2200 Grand Avenue, PO Box 10000, Glenwood Springs, CO, USA, 81601

Website

https://www.alpinebank.com

Alpine Banks of Colorado is engaged in providing personal, business, wealth management, mortgage, and electronic banking services. The company offers Personal Checking, Personal Loans. Digital Banking, credit cards, debit cards, merchant services Business Checking, Business Loans, and Other services.