Chorus (Chorus) Cash-to-Debt

: 0.03 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

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. Chorus's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Chorus couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CHRYY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.23
Current: 0.03

During the past 12 years, Chorus's highest Cash to Debt Ratio was 0.23. The lowest was 0.02. And the median was 0.06.

CHRYY's Cash-to-Debt is ranked worse than
91.21% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.37 vs CHRYY: 0.03

Chorus Cash-to-Debt Historical Data

The historical data trend for Chorus'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.

* Premium members only.

Chorus Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.11

0.02

0.04

0.03

Chorus Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.04	0.07	0.03	0.03

Competitive Comparison

For the Telecom Services subindustry, Chorus'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.

Chorus Cash-to-Debt Distribution

For the Telecommunication Services industry and Communication Services sector, Chorus's Cash-to-Debt distribution charts can be found below:

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

Chorus Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities 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.

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	46.626	/	(233.742	+	1428.221)
	=	0.03

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	54.138	/	(100.809	+	1675.793)
	=	0.03

Chorus (OTCPK:CHRYY) 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.

Chorus Cash-to-Debt Related Terms

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

Chorus (Chorus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Chorus Ltd (OTCPK:CHRYY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CHRUF:USA CNU:New Zealand 7CH:Germany CNU:Australia

Address

1 Willis Street, Level 10, P.O. Box 632, Wellington, NTL, NZL

Website

https://www.chorus.co.nz

Chorus is New Zealand's largest fixed-line communications infrastructure entity, and was demerged in 2011 from Telecom New Zealand. Chorus offers wholesale access to its nationwide copper and fibre network to retail service providers. It also provides backhaul services to retail service providers and connects mobile phone towers. At the end of 2022, Chorus completed the government's rollout of ultra-fast broadband, or UFB, a fibre-to-the-premises network to cover 87% of the population in New Zealand.