F I B I Holding (XTAE:FIBIH) Cash-to-Debt : 13.42 (As of Dec. 2023)

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What is F I B I Holding 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. F I B I Holding's cash to debt ratio for the quarter that ended in Dec. 2023 was 13.42.

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, F I B I Holding 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 F I B I Holding's Cash-to-Debt or its related term are showing as below:

XTAE:FIBIH' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.03 Med: 10.68 Max: 15.49
Current: 13.42

During the past 9 years, F I B I Holding's highest Cash to Debt Ratio was 15.49. The lowest was 5.03. And the median was 10.68.

XTAE:FIBIH's Cash-to-Debt is ranked better than
88.4% of 1422 companies
in the Banks industry
Industry Median: 1.29 vs XTAE:FIBIH: 13.42

F I B I Holding Cash-to-Debt Historical Data

The historical data trend for F I B I Holding'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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F I B I Holding Cash-to-Debt Chart

F I B I Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

10.22

12.09

15.49

11.14

13.42

F I B I Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															11.14	12.11	12.43	12.98	13.42

Competitive Comparison of F I B I Holding's Cash-to-Debt

For the Banks - Regional subindustry, F I B I Holding'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.

F I B I Holding's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, F I B I Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where F I B I Holding's Cash-to-Debt falls into.

F I B I Holding 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.

F I B I Holding'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)
	=	68874	/	(0	+	5134)
	=	13.42

F I B I Holding'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)
	=	68874	/	(0	+	5134)
	=	13.42

F I B I Holding (XTAE:FIBIH) 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.

F I B I Holding Cash-to-Debt Related Terms

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

F I B I Holding (XTAE:FIBIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » F I B I Holding Ltd (XTAE:FIBIH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

42, Rothschild Boulevard, Tel Aviv, ISR, 6688310

Website

http://www.fibi.co.il

F I B I Holding Ltd is the holding company for the First International Bank of Israel. The bank is domiciled in Israel and provides banking products and services in Israel and Western Europe. The vast majority of the bank's revenue is generated domestically. The bank is organised into several segments, the largest of which is household banking. Household banking provides credit products, guarantees, loans, foreign exchange services, securities, savings plans, demand and fixed-term deposits, mortgages, investing services, mutual funds, and Internet and mobile banking services. The bank also serves corporations, large and small companies, and high-net-worth individuals.

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