Chain Bridge I (Chain Bridge I) Cash-to-Debt : 0.03 (As of Mar. 2024)

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What is Chain Bridge I 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. Chain Bridge I's cash to debt ratio for the quarter that ended in Mar. 2024 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, Chain Bridge I couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Chain Bridge I's Cash-to-Debt or its related term are showing as below:

CBRGU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.14 Max: No Debt
Current: 0.03

During the past 3 years, Chain Bridge I's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.14.

CBRGU's Cash-to-Debt is ranked worse than
89.41% of 529 companies
in the Diversified Financial Services industry
Industry Median: 5.5 vs CBRGU: 0.03

Chain Bridge I Cash-to-Debt Historical Data

The historical data trend for Chain Bridge I'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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Chain Bridge I Cash-to-Debt Chart

Chain Bridge I Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.70

0.08

No Debt

Chain Bridge I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								0.14	0.02	0.02	No Debt	0.03

Competitive Comparison of Chain Bridge I's Cash-to-Debt

For the Shell Companies subindustry, Chain Bridge I'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.

Chain Bridge I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chain Bridge I's Cash-to-Debt distribution charts can be found below:

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

Chain Bridge I 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.

Chain Bridge I's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Chain Bridge I had no debt ⁽¹⁾.

Chain Bridge I's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	0.005	/	(0	+	0.15)
	=	0.03

Chain Bridge I (NAS:CBRGU) 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.

Chain Bridge I Cash-to-Debt Related Terms

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

Chain Bridge I (Chain Bridge I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chain Bridge I (NAS:CBRGU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CBRG:USA

Address

330 Primrose Road, Suite 500, Burlingame, CA, USA, 94010

Website

https://www.chainbg.com

Chain Bridge I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Chain Bridge I (Chain Bridge I) Headlines

From GuruFocus

Chain Bridge I Will Redeem Public Shares

By Business Wire • 10-31-2023

Chain Bridge I Securities to Commence Separate Trading

By Business Wire Business Wire • 12-29-2021

Chain Bridge I Announces Full Exercise of Underwriters' Over-Allotment Option and Closing of $230 Million Initial Public Offering

By Business Wire Business Wire • 11-15-2021