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American Business Bank (American Business Bank) Cash-to-Debt : 0.30 (As of Mar. 2024)


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What is American Business 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. American Business Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.30.

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, American Business Bank couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

AMBZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11   Med: No Debt   Max: No Debt
Current: 0.3

During the past 12 years, American Business Bank's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was No Debt.

AMBZ's Cash-to-Debt is ranked worse than
82.44% of 1424 companies
in the Banks industry
Industry Median: 1.295 vs AMBZ: 0.30

American Business Bank Cash-to-Debt Historical Data

The historical data trend for American Business 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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American Business Bank Cash-to-Debt Chart

American Business Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt 0.24 0.79

American Business Bank 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.28 2.09 0.79 0.30

Competitive Comparison of American Business Bank's Cash-to-Debt

For the Banks - Regional subindustry, American Business 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.

American Business Bank's Cash-to-Debt Distribution in the Banks Industry

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

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


American Business 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.

American Business 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)
=43.158 / (0 + 55)
=0.78

American Business Bank'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)
=62.566 / (0 + 210)
=0.30

* 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.

American Business Bank  (OTCPK:AMBZ) 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.

American Business Bank Cash-to-Debt Related Terms

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

American Business Bank (American Business Bank) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » American Business Bank (OTCPK:AMBZ) » Definitions » Cash-to-Debt
Comparable Companies
FRBA BSRR FNBT EBTC FMAO ACNB HBCP FBIZ MOFG ORRF NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
400 South Hope Street, Suite 300, Los Angeles, CA, USA, 90071
Website
https://www.americanbb.bank
American Business Bank provides financial services to businesses in the middle market. It offers deposit, credit, consulting and referral, personal banking, and international banking services. The Bank's revenues are derived principally from interest on loans and investments, and other fees.