Zuger Kantonalbank AG (XSWX:ZUGER) Cash-to-Debt : 0.76 (As of Dec. 2023)

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What is Zuger Kantonalbank AG 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. Zuger Kantonalbank AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.76.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Zuger Kantonalbank AG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Zuger Kantonalbank AG's Cash-to-Debt or its related term are showing as below:

XSWX:ZUGER' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.45 Med: 0.58 Max: 0.91
Current: 0.76

During the past 13 years, Zuger Kantonalbank AG's highest Cash to Debt Ratio was 0.91. The lowest was 0.45. And the median was 0.58.

XSWX:ZUGER's Cash-to-Debt is ranked worse than
65.19% of 1425 companies
in the Banks industry
Industry Median: 1.3 vs XSWX:ZUGER: 0.76

Zuger Kantonalbank AG Cash-to-Debt Historical Data

The historical data trend for Zuger Kantonalbank AG'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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Zuger Kantonalbank AG Cash-to-Debt Chart

Zuger Kantonalbank AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.58

0.77

0.91

0.87

0.76

Zuger Kantonalbank AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.91	0.85	0.87	1.02	0.76

Competitive Comparison of Zuger Kantonalbank AG's Cash-to-Debt

For the Banks - Regional subindustry, Zuger Kantonalbank AG'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.

Zuger Kantonalbank AG's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Zuger Kantonalbank AG's Cash-to-Debt falls into.

Zuger Kantonalbank AG 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.

Zuger Kantonalbank AG'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)
	=	3015.994	/	(0	+	3996.199)
	=	0.75

Zuger Kantonalbank AG'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)
	=	3015.994	/	(0	+	3996.199)
	=	0.75

Zuger Kantonalbank AG (XSWX:ZUGER) 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.

Zuger Kantonalbank AG Cash-to-Debt Related Terms

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

Zuger Kantonalbank AG (XSWX:ZUGER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zuger Kantonalbank AG (XSWX:ZUGER) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ZUGERz:UK

Address

Zuger Kantonalbank, Baarerstrasse 37, Zug, CHE, CH-6301

Website

http://www.zugerkb.ch

Zuger Kantonalbank AG is a cantonal, universal Swiss bank. The canton of Zug is the majority shareholder with just over half of the outstanding shares. The cantonal government also guarantees state protection of funds deposited with the bank. The bank's operations include retail banking, private banking, and corporate banking. Most of its products and services cater to residents in the canton of Zug. Products and offerings include traditional banking services, home financing, financial planning, asset management, corporate and real estate financing, pension planning, and succession planning. Most of the bank's net revenue consists of net interest income derived from mortgages.

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