Linkbancorp (Linkbancorp) Cash-to-Debt : 1.47 (As of Mar. 2024)

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What is Linkbancorp 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. Linkbancorp's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.47.

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

LNKB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: 1.27 Max: 33.7
Current: 1.47

During the past 4 years, Linkbancorp's highest Cash to Debt Ratio was 33.70. The lowest was 0.50. And the median was 1.27.

LNKB's Cash-to-Debt is ranked better than
54% of 1424 companies
in the Banks industry
Industry Median: 1.3 vs LNKB: 1.47

Linkbancorp Cash-to-Debt Historical Data

The historical data trend for Linkbancorp'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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Linkbancorp Cash-to-Debt Chart

Linkbancorp Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

33.70

1.40

0.50

0.91

Linkbancorp Quarterly Data
	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											0.64	0.62	0.85	0.91	1.47

Competitive Comparison of Linkbancorp's Cash-to-Debt

For the Banks - Regional subindustry, Linkbancorp'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.

Linkbancorp's Cash-to-Debt Distribution in the Banks Industry

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

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

Linkbancorp 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.

Linkbancorp'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)
	=	80.19	/	(10	+	78.498)
	=	0.91

Linkbancorp'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)
	=	172.283	/	(0	+	117.602)
	=	1.46

Linkbancorp (NAS:LNKB) 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.

Linkbancorp Cash-to-Debt Related Terms

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

Linkbancorp (Linkbancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Linkbancorp Inc (NAS:LNKB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1250 Camp Hill Bypass, Suite 202, Camp Hill, PA, USA, 17011

Website

https://ir.linkbancorp.com

Linkbancorp Inc operates in the banking industry. It provides banking services for individuals and businesses such as commercial lending, non-profit banking, treasury management, deposits and loans.

Executives

Andrew S Samuel	director, officer: CEO and Vice Chairman	102 WEST BAKER STREET, PLANT CITY FL 33563
William Lloyd Jones	director	3045 MARKET STREET, CAMP HILL PA 17011
Diane Poillon	director	3045 MARKET STREET, CAMP HILL PA 17011
Debra Pierson	director	3045 MARKET STREET, CAMP HILL PA 17011
Tiffanie Horton	officer: Chief Credit Officer	3045 MARKET STREET, CAMP HILL PA 17011
Michetti Joseph C Jr	director	3045 MARKET STREET, CAMP HILL PA 17011
David H Koppenhaver	director	3045 MARKET STREET, CAMP HILL PA 17011
Kristen Snyder	director	3045 MARKET STREET, CAMP HILL PA 17011
Jennifer Delaye	director	3045 MARKET STREET, CAMP HILL PA 17011
Anson Flake	director	3045 MARKET STREET, CAMP HILL PA 17011
Brent S. Smith	director, officer: EVP	102 WEST BAKER STREET, PLANT CITY FL 33563
Kristofer A Paul	officer: Chief Financial Officer	3045 MARKET STREET, CAMP HILL PA 17011
William E Pommerening	director	102 WEST BAKER STREET, PLANT CITY FL 33563
Carl D Lundblad	officer: President and CRO	3045 MARKET STREET, CAMP HILL PA 17011
Steven I Tressler	director	3045 MARKET STREET, CAMP HILL PA 17011