Pinnacle Bank (Pinnacle Bank) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Pinnacle 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. Pinnacle Bank'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, Pinnacle Bank 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 Pinnacle Bank's Cash-to-Debt or its related term are showing as below:

PBNK' s Cash-to-Debt Range Over the Past 10 Years
Min: 20.97 Med: No Debt Max: No Debt
Current: No Debt

During the past 11 years, Pinnacle Bank's highest Cash to Debt Ratio was No Debt. The lowest was 20.97. And the median was No Debt.

PBNK's Cash-to-Debt is ranked better than
99.72% of 1426 companies
in the Banks industry
Industry Median: 1.3 vs PBNK: No Debt

Pinnacle Bank Cash-to-Debt Historical Data

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

Pinnacle Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

20.97

No Debt

Pinnacle Bank Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	20.97	No Debt	No Debt	No Debt

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

For the Banks - Regional subindustry, Pinnacle 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.

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

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

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

Pinnacle 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.

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

Pinnacle Bank had no debt ⁽¹⁾.

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

Pinnacle Bank had no debt ⁽¹⁾.

Pinnacle Bank (OTCPK:PBNK) 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.

Pinnacle Bank Cash-to-Debt Related Terms

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

Pinnacle Bank (Pinnacle Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pinnacle Bank (OTCPK:PBNK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7597 Monterey Street, Gilroy, CA, USA, 95020

Website

https://www.pinnaclebankonline.com

Pinnacle Bank is a bank holding company. The bank offers a range of commercial and retail banking products and services, including checking, savings and time deposits, individual retirement accounts, merchant bankcard processing, residential and commercial mortgages, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit and letters of credit. It offers various types of deposits, including noninterest-bearing demand deposits and interest-bearing deposits. It provides products and services to small to middle-market businesses, professionals, not-for-profit organizations, and individuals.