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Pioneer Bancorp (Pioneer Bancorp) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Pioneer Bancorp 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. Pioneer Bancorp's cash to debt ratio for the quarter that ended in Dec. 2023 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, Pioneer Bancorp could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Pioneer Bancorp's Cash-to-Debt or its related term are showing as below:

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

During the past 7 years, Pioneer Bancorp's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

PBFS's Cash-to-Debt is ranked better than
99.72% of 1431 companies
in the Banks industry
Industry Median: 1.3 vs PBFS: No Debt

Pioneer Bancorp Cash-to-Debt Historical Data

The historical data trend for Pioneer Bancorp'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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Pioneer Bancorp Cash-to-Debt Chart

Pioneer Bancorp Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Pioneer Bancorp 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Pioneer Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Pioneer Bancorp'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.


Pioneer Bancorp's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Pioneer Bancorp's Cash-to-Debt falls into.



Pioneer Bancorp 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.

Pioneer Bancorp's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Pioneer Bancorp had no debt (1).

Pioneer Bancorp's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Pioneer Bancorp had no debt (1).

* 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.


Pioneer Bancorp  (NAS:PBFS) 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.


Pioneer Bancorp Cash-to-Debt Related Terms

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


Pioneer Bancorp (Pioneer Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
652 Albany Shaker Road, Albany, NY, USA, 12211
Pioneer Bancorp Inc is involved in providing banking services. These services include Personal services such as Checking, Savings, eBanking Cards, and Business services such as Business Deposit and operating Accounts, Business eBanking, and Business loans. Some of the other services of the company include Government Banking, Wealth Management, Benefits Consulting, and Insurance.
Executives
James Edward Murphy officer: EVP and CCO 652 ALBANY-SHAKER RD, ALBANY NY 12211
Thomas Signor officer: EVP and CAO 652 ALBANY-SHAKER RD, ALBANY NY 12211
Stacy Hengsterman director 652 ALBANY-SHAKER ROAD, ALBANY NY 12211
Kelli Arnold officer: EVP 652 ALBANY-SHAKER ROAD, ALBANY NY 12211
Robert James Nichols officer: EVP and CCO 652 ALBANY-SHAKER ROAD, ALBANY NY 12211
James K Reed director 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Frank C Sarratori officer: EVP, CAO, GC & Corp. Sec. 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Jesse Tomczak officer: EVP and CCEO 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Susan M Hollister officer: EVP and CHRO 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Joseph A Fleming officer: EVP and CLO 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Laura A Mazzara officer: EVP and CRO 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Shaun Mahoney director 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Edward Reinfurt director 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Eileen C Bagnoli director 652 ALBANY SHAKER ROAD, ALBANY NY 12211
Donald E Fane director 652 ALBANY SHAKER ROAD, ALBANY NY 12211

Pioneer Bancorp (Pioneer Bancorp) Headlines

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