Redwood Capital Bancorp (Redwood Capital Bancorp) Cash-to-Debt : 1.86 (As of Dec. 2023)

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What is Redwood Capital Bancorp 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. Redwood Capital Bancorp's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.86.

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

RWCB' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.86 Med: 4.83 Max: 8.72
Current: 1.86

During the past 7 years, Redwood Capital Bancorp's highest Cash to Debt Ratio was 8.72. The lowest was 1.86. And the median was 4.83.

RWCB's Cash-to-Debt is ranked better than
60.3% of 1423 companies
in the Banks industry
Industry Median: 1.3 vs RWCB: 1.86

Redwood Capital Bancorp Cash-to-Debt Historical Data

The historical data trend for Redwood Capital Bancorp'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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Redwood Capital Bancorp Cash-to-Debt Chart

Redwood Capital Bancorp Annual Data

Trend

Dec04

Dec05

Dec06

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

6.60

8.72

3.05

1.86

Redwood Capital Bancorp Semi-Annual Data
	Dec04	Dec05	Dec06	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	6.60	8.72	3.05	1.86

Competitive Comparison of Redwood Capital Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Redwood Capital Bancorp'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.

Redwood Capital Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

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

Redwood Capital Bancorp 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.

Redwood Capital Bancorp'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)
	=	20.411	/	(0	+	11)
	=	1.86

Redwood Capital Bancorp'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)
	=	20.411	/	(0	+	11)
	=	1.86

Redwood Capital Bancorp (OTCPK:RWCB) 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.

Redwood Capital Bancorp Cash-to-Debt Related Terms

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

Redwood Capital Bancorp (Redwood Capital Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Redwood Capital Bancorp (OTCPK:RWCB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

402 G Street, Eureka, CA, USA, 95501

Website

https://www.redwoodcapitalbank.com

Redwood Capital Bancorp provides various banking products and services. The company offers personal such as savings and certificates, real estate loans, and home equity loans; business services such as commercial lending, and money market accounts; online banking info, fraud prevention and other services.