Banco De Bogota (BOG:BOGOTA) Cash-to-Debt : 0.38 (As of Dec. 2023)

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What is Banco De Bogota 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. Banco De Bogota's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.38.

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, Banco De Bogota 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 Banco De Bogota's Cash-to-Debt or its related term are showing as below:

BOG:BOGOTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 0.76 Max: 0.91
Current: 0.38

During the past 13 years, Banco De Bogota's highest Cash to Debt Ratio was 0.91. The lowest was 0.29. And the median was 0.76.

BOG:BOGOTA's Cash-to-Debt is ranked worse than
78.13% of 1436 companies
in the Banks industry
Industry Median: 1.275 vs BOG:BOGOTA: 0.38

Banco De Bogota Cash-to-Debt Historical Data

The historical data trend for Banco De Bogota'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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Banco De Bogota Cash-to-Debt Chart

Banco De Bogota Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.91

0.89

0.78

0.29

0.38

Banco De Bogota 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															0.29	0.36	0.36	0.33	0.38

Competitive Comparison of Banco De Bogota's Cash-to-Debt

For the Banks - Regional subindustry, Banco De Bogota'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.

Banco De Bogota's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco De Bogota's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Banco De Bogota's Cash-to-Debt falls into.

Banco De Bogota 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.

Banco De Bogota'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)
	=	8860728	/	(0	+	23185508)
	=	0.38

Banco De Bogota'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)
	=	8860728	/	(0	+	23185508)
	=	0.38

Banco De Bogota (BOG:BOGOTA) 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.

Banco De Bogota Cash-to-Debt Related Terms

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

Banco De Bogota (BOG:BOGOTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Bogota SA (BOG:BOGOTA) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

36th street No. 7-47, Piso 15, Bogota, COL, 3436

Website

https://www.bancodebogota.com

Banco De Bogota SA is a lending institution that provides financial services at different maturities which include loans, capital leases, commercial, consumer and mortgage lending, and microcredit. It has a portfolio of bonds and equity investments, including a stake in subsidiaries and other firms. It also operates on the currency and derivatives markets. The objectives of the group in terms of managing its capital focus on, complying with the capital requirements defined by the Colombian government for the Bank and its financial subsidiaries in Colombia and by foreign governments in countries where the Bank has financial subsidiaries and maintaining an adequate equity structure that allows the group to generate value for its shareholders.

Banco De Bogota (BOG:BOGOTA) Headlines

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