Standard Bank Malawi (MSW:STANDARD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Standard Bank 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. Standard Bank Malawi's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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

(1) 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.

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

MSW:STANDARD' s Cash-to-Debt Range Over the Past 10 Years
Min: 43.49 Med: 96.45 Max: No Debt
Current: No Debt

During the past 6 years, Standard Bank Malawi's highest Cash to Debt Ratio was No Debt. The lowest was 43.49. And the median was 96.45.

MSW:STANDARD's Cash-to-Debt is ranked better than
99.72% of 1425 companies
in the Banks industry
Industry Median: 1.3 vs MSW:STANDARD: No Debt

Standard Bank Malawi Cash-to-Debt Historical Data

The historical data trend for Standard Bank 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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Standard Bank Malawi Cash-to-Debt Chart

Standard Bank Malawi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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43.73

43.49

75.67

117.23

No Debt

Standard Bank Malawi Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						75.67	No Debt	117.23	No Debt	No Debt

Competitive Comparison of Standard Bank Malawi's Cash-to-Debt

For the Banks - Regional subindustry, Standard Bank 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.

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

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

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

Standard Bank 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.

Standard Bank Malawi's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Standard Bank Malawi had no debt ⁽¹⁾.

Standard Bank Malawi's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Standard Bank Malawi had no debt ⁽¹⁾.

Standard Bank Malawi (MSW:STANDARD) 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.

Standard Bank Malawi Cash-to-Debt Related Terms

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

Standard Bank Malawi (MSW:STANDARD) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Africa Unity Avenue, P O Box 30380, Standard Bank Centre, Lilongwe, MWI, 3

Website

https://www.standardbank.co.mw

Standard Bank Malawi PLC provides banking services. Its business operations are divided into three segments Corporate and Investment Banking, Consumer and High Net Worth clients, Business and Commercial clients & Treasury and Capital Management. Services offered by the company include current accounts, savings, deposits, investment savings products, custody, debit cards, consumer loans, mortgages, internet banking, telephone banking, foreign exchange, commodities, debt securities, and equities trading, among others. Its branches are located across Malawi. The Bank offers its services to individual customers and small to medium-sized enterprises.

Standard Bank Malawi (MSW:STANDARD) Headlines

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Standard Bank Malawi (MSW:STANDARD) Cash-to-Debt : No Debt (1) (As of Dec. 2023)