Far Eastern International Bank (TPE:2845) Cash-to-Debt : 1.03 (As of Mar. 2024)

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What is Far Eastern International 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. Far Eastern International Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.03.

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, Far Eastern International Bank could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TPE:2845' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.72 Med: 1.2 Max: 4.29
Current: 1.03

During the past 13 years, Far Eastern International Bank's highest Cash to Debt Ratio was 4.29. The lowest was 0.72. And the median was 1.20.

TPE:2845's Cash-to-Debt is ranked worse than
56.5% of 1423 companies
in the Banks industry
Industry Median: 1.28 vs TPE:2845: 1.03

Far Eastern International Bank Cash-to-Debt Historical Data

The historical data trend for Far Eastern International 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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Far Eastern International Bank Cash-to-Debt Chart

Far Eastern International Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.03

1.31

1.06

0.82

0.92

Far Eastern International Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.00	0.73	1.04	0.92	1.03

Competitive Comparison of Far Eastern International Bank's Cash-to-Debt

For the Banks - Regional subindustry, Far Eastern International 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.

Far Eastern International Bank's Cash-to-Debt Distribution in the Banks Industry

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

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

Far Eastern International 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.

Far Eastern International Bank'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)
	=	47867.397	/	(0	+	52150.349)
	=	0.92

Far Eastern International Bank's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	56827.006	/	(0	+	55121.103)
	=	1.03

Far Eastern International Bank (TPE:2845) 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.

Far Eastern International Bank Cash-to-Debt Related Terms

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

Far Eastern International Bank (TPE:2845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Far Eastern International Bank (TPE:2845) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207, Tun Hwa South Road, 26, 27th Floor, Section 2, Taipei, TWN

Website

https://www.feib.com.tw

Far Eastern International Bank is a provider of financial solutions in Taiwan. The bank serves both individual and institutional customers through personal banking and corporate banking. The bank offers services such as savings and checking accounts, foreign exchange services, insurance, tax-savings, wealth management, credit cards, consumer loans, mortgages, car loans, offshore banking services, derivatives, margin trading, asset swaps, trading of government and corporate bonds, bank debentures, trusts, and real estate services. The bank generates all revenue domestically.

Far Eastern International Bank (TPE:2845) Headlines

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