NBS Bank (MSW:NBS) Cash-to-Debt : 3.96 (As of Jun. 2023)

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What is NBS 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. NBS Bank's cash to debt ratio for the quarter that ended in Jun. 2023 was 3.96.

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, NBS Bank could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

MSW:NBS' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.58 Med: 5.89 Max: 2579.97
Current: 3.96

During the past 8 years, NBS Bank's highest Cash to Debt Ratio was 2579.97. The lowest was 1.58. And the median was 5.89.

MSW:NBS's Cash-to-Debt is ranked better than
77.54% of 1425 companies
in the Banks industry
Industry Median: 1.3 vs MSW:NBS: 3.96

NBS Bank Cash-to-Debt Historical Data

The historical data trend for NBS 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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NBS Bank Cash-to-Debt Chart

NBS Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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2,579.97

2.23

2.39

3.09

3.32

NBS Bank Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial										1.58	3.09	N/A	3.32	3.96

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

For the Banks - Regional subindustry, NBS 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.

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

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

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

NBS 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.

NBS Bank's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	86778.188	/	(0	+	26180.62)
	=	3.31

NBS Bank's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	44168	/	(0	+	11157)
	=	3.96

NBS Bank (MSW:NBS) 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.

NBS Bank Cash-to-Debt Related Terms

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

NBS Bank (MSW:NBS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner Chipembere Highway & Johnstone Roads, NBS House, PO Box 32251, Chichiri, Ginnery Corner, Blantyre, MWI

Website

https://www.nbs.mw

NBS Bank PLC is primarily involved in commercial banking, covering corporate and retail banking and treasury management. Services offered by the bank include current account, saving account, investment, loans, international trades, and internet banking. The company segments are divided into geographical areas including Northern region, Central region and the Southern region. Its branches are spread across Malawi.

NBS Bank (MSW:NBS) Headlines

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