Calvin B. Taylor Bankshares (Calvin B. Taylor Bankshares) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Calvin B. Taylor Bankshares 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. Calvin B. Taylor Bankshares's cash to debt ratio for the quarter that ended in Mar. 2024 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, Calvin B. Taylor Bankshares could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Calvin B. Taylor Bankshares's Cash-to-Debt or its related term are showing as below:

TYCB' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.2 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Calvin B. Taylor Bankshares's highest Cash to Debt Ratio was No Debt. The lowest was 4.20. And the median was No Debt.

TYCB's Cash-to-Debt is ranked better than
99.72% of 1425 companies
in the Banks industry
Industry Median: 1.29 vs TYCB: No Debt

Calvin B. Taylor Bankshares Cash-to-Debt Historical Data

The historical data trend for Calvin B. Taylor Bankshares'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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Calvin B. Taylor Bankshares Cash-to-Debt Chart

Calvin B. Taylor Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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18.32

No Debt

Calvin B. Taylor Bankshares 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Calvin B. Taylor Bankshares's Cash-to-Debt

For the Banks - Regional subindustry, Calvin B. Taylor Bankshares'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.

Calvin B. Taylor Bankshares's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Calvin B. Taylor Bankshares's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Calvin B. Taylor Bankshares's Cash-to-Debt falls into.

Calvin B. Taylor Bankshares 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.

Calvin B. Taylor Bankshares's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Calvin B. Taylor Bankshares had no debt ⁽¹⁾.

Calvin B. Taylor Bankshares's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Calvin B. Taylor Bankshares had no debt ⁽¹⁾.

Calvin B. Taylor Bankshares (OTCPK:TYCB) 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.

Calvin B. Taylor Bankshares Cash-to-Debt Related Terms

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

Calvin B. Taylor Bankshares (Calvin B. Taylor Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Calvin B. Taylor Bankshares Inc (OTCPK:TYCB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 North Main Street, P.O. Box 5, Berlin, MD, USA, 21811

Website

https://www.taylorbank.com

Calvin B. Taylor Bankshares Inc is a part of the financial service domain. As a holding company for Calvin B. Taylor Banking Company, it offers a wide range of loan, deposit and ancillary banking services through both physical and digital delivery channels to corporate and individual clients. The company's banking operations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia. The Bank also operates a Loan Production Office in Onley, Virginia.

Executives

Louis H Taylor	director	12329 VIVIAN STREET, BISHOPVILLE MD 21813
Michael Dean Lewis	officer: Treasurer/Prin Financial Offcr	303 POWELL CIRCLE, BERLIN MD 21811
Bergey James R Jr	director	6213 SOUTH POINT RD, BERLIN MD 21811
Charlotte K Cathell	director	36 PINEHURST ROAD, BERLIN MD 21811
Jennifer G Hawkins	other: Retired Officer (Treasurer)
Hale Harrison	director	1522 TEAL DRIVE, OCEAN CITY MD 21842
Todd E Burbage	director	9494 STEPHEN DECATUR HIGHWAY, BERLIN MD 21811
Joseph E Moore	director
William H Mitchell	director, officer: Vice President	24 N MAIN ST, BERLIN MD 21811
Cropper Reese F Iii	director	9501 ABACO LANE, OCEAN CITY MD 21842
Bunting George H Jr	director	24 N MAIN ST, P O BOX 5, BERLIN MD 21811
Bergey James R Sr	other: Retired director	PO BOX 234, BISHOPVILLE MD 21813
David Kenneth Bates	officer: Secretary	24 NORTH MAIN STREET, BERLIN MD 21811
Cropper Reese F Jr	director, officer: Chairman & CEO	9620 OCEAN VIEW LANE, OCEAN CITY MD 21842
Quillin Michael L Sr	director	P O BOX 248, OCEAN CITY MD 21843