CrossFirst Bankshares (CFB) Debt Metrics
Market Cap: $788.64M
Avg Volume: 236.11K
Industry: Banks - Regional
Sector: Financial Services
How much debt does CrossFirst Bankshares have?
According to CrossFirst Bankshares's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
CrossFirst Bankshares's total debt stands at $86.84M. This is broken down into:
- Long-term debt: $86.84M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-147.19M. In terms of overall financial obligations, CrossFirst Bankshares's total liabilities amount to $6.67B.
Debt Ratios and Metrics
To better understand CrossFirst Bankshares's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.12 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 1.18% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.40 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 10.92% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 10.92% - this indicates the total debt in the company's capital structure.
These metrics provide insight into CrossFirst Bankshares's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$86.84M
Long-term Debt
$86.84M
Short-term Debt
$-
Net Debt
$-147.19M
Total Liabilities
$6.67B
Interest Coverage
0.40
Debt to Equity Ratio
0.12
Debt Ratio
1.18%
CrossFirst Bankshares Historical Debt Metrics
CrossFirst Bankshares Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $86.84M | $86.84M | $- | $-147.19M | $6.67B | 0.12 | 1.18% | 0.40 | 10.92% | 10.92% |
| 2022 | $258.57M | $228.57M | $5.00M | $-41.57M | $5.99B | 0.42 | 3.92% | 2.41 | 27.30% | 29.82% |
| 2021 | $237.61M | $237.61M | $- | $-245.12M | $4.95B | 0.36 | 4.23% | 3.56 | 26.25% | 26.25% |
| 2020 | $294.06M | $294.06M | $- | $-114.75M | $5.03B | 0.47 | 5.20% | 0.35 | 32.02% | 32.02% |
| 2019 | $359.66M | $359.66M | $- | $172.34M | $4.33B | 0.59 | 7.28% | 0.65 | 36.96% | 36.96% |
| 2018 | $313.87M | $313.87M | $- | $97.33M | $3.62B | 0.64 | 7.64% | 1.37 | 39.03% | 39.03% |
| 2017 | $320.06M | $320.06M | $- | $189.25M | $2.67B | 1.11 | 10.81% | 1.19 | 52.71% | 52.71% |
Related Metrics
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