Debt to EBITDA ratio Analysis of Cathay General Bancorp - Deep Dive
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PivotPointDebt to EBITDA of CATY
Dec-230.857Excellent Debt to EBITDA | Dec-221.08Very Good Debt to EBITDA | Growth-20.38% |
Debt to EBITDA Analysis of Cathay General Bancorp
| Debt to EBITDA Ratio 0.857 of Cathay General Bancorp shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of CATY drastically fell by -20.38 % this year. |
| Debt to EBITDA Ratio with value of 1.08 was highest in Year Dec-22 in last Five Years. |
| Debt to EBITDA Ratio with value of 0.259 was lowest in Year Dec-19 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 0.857 is Greater than Average Debt to EBITDA of 0.625 in last five years. |
Other Debt to EBITDA Related Info of CATY that may interest you.
Cathay General Bancorp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CATY | 36.84 | 36.4 | 1.21 % | Banks-Regional |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..
Debt to EBITDA Related Ratios
| CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
| No Significant Stability | |
FY - Historical Debt to EBITDA of Cathay General Bancorp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 0.857 | 1.08 | 0.365 | 0.569 | 0.259 | 0.446 | 0.538 |
| Change | -20.38 % | 194.98 % | -35.81 % | 119.48 % | -41.87 % | -17.12 % | 35.53 % |
FY Chart of Debt to EBITDA of Cathay General Bancorp
Note : All Data Generated at the End of Trading Hours (EOD Data)