Bank First (FRA:42H) Cash-to-Debt : 1.76 (As of Mar. 2024)

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What is Bank First 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. Bank First's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.76.

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

FRA:42H' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 2.39 Max: No Debt
Current: 1.76

During the past 13 years, Bank First's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was 2.39.

FRA:42H's Cash-to-Debt is ranked better than
58.46% of 1430 companies
in the Banks industry
Industry Median: 1.29 vs FRA:42H: 1.76

Bank First Cash-to-Debt Historical Data

The historical data trend for Bank First'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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Bank First Cash-to-Debt Chart

Bank First Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.78

4.16

11.64

4.69

4.82

Bank First 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															2.39	1.58	1.08	4.82	1.76

Competitive Comparison of Bank First's Cash-to-Debt

For the Banks - Regional subindustry, Bank First'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.

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

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

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

Bank First 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.

Bank First'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)
	=	226.928	/	(0	+	47.128)
	=	4.82

Bank First'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)
	=	76.704	/	(0	+	43.511)
	=	1.76

Bank First (FRA:42H) 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.

Bank First Cash-to-Debt Related Terms

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

Bank First (FRA:42H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank First Corp (FRA:42H) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BFC:USA

Address

402 North 8th Street, Manitowoc, WI, USA, 54220

Website

https://www.bankfirstwi.bank

Bank First Corp is a United States-based company engaged in providing financial services provides a full range of consumer and commercial financial institution services to individuals and businesses including retail and commercial banking in Wisconsin. These services include credit cards; secured and unsecured consumer, commercial, and real estate loans; demand, time, and savings deposits; and ATM processing. The Corporation also offers a full line of insurance services and checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, commercial and industrial loans, commercial real estate loans, construction and development loans, residential mortgages, consumer loans, credit cards, online banking, telephone banking, and mobile banking.

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