National Bank Of Malawi (MSW:NBM) Cash-to-Debt : 12.05 (As of Dec. 2023)

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What is National Bank Of Malawi 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. National Bank Of Malawi's cash to debt ratio for the quarter that ended in Dec. 2023 was 12.05.

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, National Bank Of Malawi could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

MSW:NBM' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.53 Med: 11.48 Max: 31.68
Current: 12.05

During the past 9 years, National Bank Of Malawi's highest Cash to Debt Ratio was 31.68. The lowest was 3.53. And the median was 11.48.

MSW:NBM's Cash-to-Debt is ranked better than
87.57% of 1424 companies
in the Banks industry
Industry Median: 1.3 vs MSW:NBM: 12.05

National Bank Of Malawi Cash-to-Debt Historical Data

The historical data trend for National Bank Of Malawi'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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National Bank Of Malawi Cash-to-Debt Chart

National Bank Of Malawi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.53

6.46

8.95

17.55

12.05

National Bank Of Malawi Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										8.95	N/A	17.55	8.13	12.05

Competitive Comparison of National Bank Of Malawi's Cash-to-Debt

For the Banks - Regional subindustry, National Bank Of Malawi'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.

National Bank Of Malawi's Cash-to-Debt Distribution in the Banks Industry

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

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

National Bank Of Malawi 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.

National Bank Of Malawi'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)
	=	212952	/	(0	+	17674)
	=	12.05

National Bank Of Malawi's Cash to Debt Ratio for the quarter 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)
	=	212952	/	(0	+	17674)
	=	12.05

National Bank Of Malawi (MSW:NBM) 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.

National Bank Of Malawi Cash-to-Debt Related Terms

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National Bank Of Malawi (MSW:NBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank Of Malawi PLC (MSW:NBM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Henderson Street, NBM Tower, P.O Box 945, Blantyre, MWI

Website

https://www.natbank.co.mw

National Bank Of Malawi PLC provides personal, corporate, and investment banking as well as stockbroking, insurance, and pension administration services in Malawi. Its business operations are divided into three segments including Retail and corporate banking that incorporates savings, deposits, investment savings products, consumer loans, current accounts, overdrafts, loans, and other credit facilities, trade finance, and corporate leasing; Treasury segment offers financial instruments trading, dealings in foreign currency, stock broking and derivative products; and Other operations comprising fund management, custodial services and providing training services. Revenue from Retail and corporate banking is one of the majority sources of income for the Bank.

National Bank Of Malawi (MSW:NBM) Headlines

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