CNB Financial Services (CNB Financial Services) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2010)

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What is CNB Financial Services 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. CNB Financial Services's cash to debt ratio for the quarter that ended in Sep. 2010 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, CNB Financial Services could pay off its debt using the cash in hand for the quarter that ended in Sep. 2010.

(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 CNB Financial Services's Cash-to-Debt or its related term are showing as below:

CBFC's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.3
* Ranked among companies with meaningful Cash-to-Debt only.

CNB Financial Services Cash-to-Debt Historical Data

The historical data trend for CNB Financial Services'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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CNB Financial Services Cash-to-Debt Chart

CNB Financial Services Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Cash-to-Debt

0.57

0.40

0.21

0.19

1.10

CNB Financial Services Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Cash-to-Debt	Get a 7-Day Free Trial															0.75	1.10	5.29	1.43	No Debt

Competitive Comparison of CNB Financial Services's Cash-to-Debt

For the Banks - Regional subindustry, CNB Financial Services'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.

CNB Financial Services's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where CNB Financial Services's Cash-to-Debt falls into.

CNB Financial Services 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.

CNB Financial Services's Cash to Debt Ratio for the fiscal year that ended in Dec. 2009 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)
	=	7.057	/	(0	+	6.4)
	=	1.10

CNB Financial Services's Cash to Debt Ratio for the quarter that ended in Sep. 2010 is calculated as:

CNB Financial Services had no debt ⁽¹⁾.

CNB Financial Services (OTCPK:CBFC) 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.

CNB Financial Services Cash-to-Debt Related Terms

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

CNB Financial Services (CNB Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNB Financial Services Inc (OTCPK:CBFC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 S. Washington Street, Berkeley Springs, WV, USA, 25411

Website

https://www.cnb.bank

CNB Financial Services Inc operates as the bank holding company for CNB Bank, Inc which is a full-service commercial bank conducting general banking and trust activities through various full-service offices and automated teller machines located in Morgan and Berkeley Counties, West Virginia and Washington County, Maryland among others. The sources of revenue for the Bank are interest income from loans and investments and non-interest income.

CNB Financial Services (CNB Financial Services) Headlines

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CNB Financial Services (CNB Financial Services) Cash-to-Debt : No Debt (1) (As of Sep. 2010)