Bank of Tianjin Co (HKSE:01578) Cash-to-Debt : 0.93 (As of Dec. 2023)

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What is Bank of Tianjin Co 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. Bank of Tianjin Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.93.

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, Bank of Tianjin Co 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 Bank of Tianjin Co's Cash-to-Debt or its related term are showing as below:

HKSE:01578' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 0.73 Max: 38.52
Current: 0.93

During the past 12 years, Bank of Tianjin Co's highest Cash to Debt Ratio was 38.52. The lowest was 0.49. And the median was 0.73.

HKSE:01578's Cash-to-Debt is ranked worse than
58.07% of 1438 companies
in the Banks industry
Industry Median: 1.27 vs HKSE:01578: 0.93

Bank of Tianjin Co Cash-to-Debt Historical Data

The historical data trend for Bank of Tianjin Co'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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Bank of Tianjin Co Cash-to-Debt Chart

Bank of Tianjin Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.59

0.61

0.65

0.80

0.93

Bank of Tianjin Co Semi-Annual Data
	Dec13	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															0.65	0.72	0.80	0.88	0.93

Competitive Comparison of Bank of Tianjin Co's Cash-to-Debt

For the Banks - Regional subindustry, Bank of Tianjin Co'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.

Bank of Tianjin Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Tianjin Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bank of Tianjin Co's Cash-to-Debt falls into.

Bank of Tianjin Co 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.

Bank of Tianjin Co'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)
	=	85559.334	/	(0	+	92254.949)
	=	0.93

Bank of Tianjin Co'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)
	=	85559.334	/	(0	+	92254.949)
	=	0.93

Bank of Tianjin Co (HKSE:01578) 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.

Bank of Tianjin Co Cash-to-Debt Related Terms

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

Bank of Tianjin Co (HKSE:01578) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Tianjin Co Ltd (HKSE:01578) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 15 Youyi Road, Hexi District, Tianjin, CHN, 300201

Website

http://www.bankoftianjin.com

Bank of Tianjin Co Ltd is a commercial bank providing banking and financial services. It also provides agency services for the housing maintenance fund. Its segments are corporate banking Business, personal banking Business, treasury business, and Others. Majority of its revenue generated from Personal Banking Business Segment. Geographical presence in Asia Pacific (excluding mainland China of which: attributed to Hong Kong, Europe and North America.

Bank of Tianjin Co (HKSE:01578) Headlines

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