CAB Payments Holdings (LSE:CABP) Cash-to-Debt : 667.16 (As of Jun. 2023)

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What is CAB Payments Holdings 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. CAB Payments Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 667.16.

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, CAB Payments Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for CAB Payments Holdings's Cash-to-Debt or its related term are showing as below:

LSE:CABP' s Cash-to-Debt Range Over the Past 10 Years
Min: 637.66 Med: 939.86 Max: 1237.15
Current: 1184.57

During the past 4 years, CAB Payments Holdings's highest Cash to Debt Ratio was 1237.15. The lowest was 637.66. And the median was 939.86.

LSE:CABP's Cash-to-Debt is ranked better than
96.06% of 1421 companies
in the Banks industry
Industry Median: 1.3 vs LSE:CABP: 1184.57

CAB Payments Holdings Cash-to-Debt Historical Data

The historical data trend for CAB Payments Holdings'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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CAB Payments Holdings Cash-to-Debt Chart

CAB Payments Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

695.15

1,237.15

637.66

1,184.57

CAB Payments Holdings Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	637.66	681.71	667.16	1,184.57

Competitive Comparison of CAB Payments Holdings's Cash-to-Debt

For the Banks - Diversified subindustry, CAB Payments Holdings'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.

CAB Payments Holdings's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where CAB Payments Holdings's Cash-to-Debt falls into.

CAB Payments Holdings 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.

CAB Payments Holdings'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)
	=	1047.16	/	(0	+	0.884)
	=	1,184.57

CAB Payments Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	742.554	/	(0	+	1.113)
	=	667.16

CAB Payments Holdings (LSE:CABP) 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.

CAB Payments Holdings Cash-to-Debt Related Terms

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

CAB Payments Holdings (LSE:CABP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CAB Payments Holdings PLC (LSE:CABP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CABPF:USA CABPl:UK 2SY:Germany

Address

Quadrant House, The Quadrant, Sutton, GBR, SM2 5AS

Website

https://www.cabpayments.com

CAB Payments Holdings Plc engages in offering business-to-business cross-border payments across emerging markets.

CAB Payments Holdings (LSE:CABP) Headlines

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