Finward Bancorp (Finward Bancorp) Cash-to-Debt : 2.85 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Finward Bancorp 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. Finward Bancorp's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.85.

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, Finward Bancorp 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 Finward Bancorp's Cash-to-Debt or its related term are showing as below:

FNWD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.8 Max: 10882.6
Current: 2.85

During the past 13 years, Finward Bancorp's highest Cash to Debt Ratio was 10882.60. The lowest was 0.26. And the median was 0.80.

FNWD's Cash-to-Debt is ranked better than
71.18% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs FNWD: 2.85

Finward Bancorp Cash-to-Debt Historical Data

The historical data trend for Finward Bancorp'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.

* Premium members only.

Finward Bancorp Cash-to-Debt Chart

Finward Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.42

3.55

No Debt

0.28

1.07

Finward Bancorp 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															0.57	0.75	0.71	1.07	2.85

Competitive Comparison of Finward Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Finward Bancorp'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.

Finward Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Finward Bancorp's Cash-to-Debt falls into.

Finward Bancorp 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.

Finward Bancorp'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)
	=	85.589	/	(0	+	80)
	=	1.07

Finward Bancorp'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)
	=	71.173	/	(0	+	25)
	=	2.85

Finward Bancorp (NAS:FNWD) 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.

Finward Bancorp Cash-to-Debt Related Terms

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

Finward Bancorp (Finward Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Finward Bancorp (NAS:FNWD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9204 Columbia Avenue, Munster, IN, USA, 46321

Website

https://www.ibankpeoples.com

Finward Bancorp is a bank holding company, which engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Saving Account, ebanking, Wealth Management, and Insurance Services. It is primarily engaged in the business of attracting deposits from the general public and the origination of loans, mostly upon the security of single-family residences and commercial real estate, construction loans, commercial business loans, and municipal loans. Geographically, the activities are carried out through the United States.

Executives

David A Bochnowski	director, 10 percent owner, officer: Chief Executive Officer	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Peymon Torabi	officer: Senior Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert T Lowry	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Amy Wong Han	director	1008 KILLARNEY DRIVE, DYER IN 46321
Benjamin J Bochnowski	officer: EVP	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert W. Youman	director	129 THATCHER AVE., RIVER FOREST IL 60305
James L Wieser	director	13304 LAKESHORE DRIVE, UNIT 202, CEDAR LAKE IN 46303
Johnson Robert E. Iii	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Todd M. Scheub	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Leane English Cerven	officer: Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Danette Garza	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Jillonda Washington	officer: Senior Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Kleek Joshua Van	officer: Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Tanya A. Leetz	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Donald P Fesko	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321