Churchill Capital IV (Churchill Capital IV) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2020)

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What is Churchill Capital IV 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. Churchill Capital IV's cash to debt ratio for the quarter that ended in Dec. 2020 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, Churchill Capital IV could pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

(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 Churchill Capital IV's Cash-to-Debt or its related term are showing as below:

CCIV.WS's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 4.68
* Ranked among companies with meaningful Cash-to-Debt only.

Churchill Capital IV Cash-to-Debt Historical Data

The historical data trend for Churchill Capital IV'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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Churchill Capital IV Cash-to-Debt Chart

Churchill Capital IV Annual Data

Trend

Dec20

Cash-to-Debt

No Debt

Churchill Capital IV Semi-Annual Data
	May20	Jun20	Sep20	Dec20
Cash-to-Debt	No Debt	0.57	No Debt	No Debt

Competitive Comparison of Churchill Capital IV's Cash-to-Debt

For the Shell Companies subindustry, Churchill Capital IV'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.

Churchill Capital IV's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Churchill Capital IV's Cash-to-Debt distribution charts can be found below:

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

Churchill Capital IV 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.

Churchill Capital IV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Churchill Capital IV had no debt ⁽¹⁾.

Churchill Capital IV's Cash to Debt Ratio for the quarter that ended in Dec. 2020 is calculated as:

Churchill Capital IV had no debt ⁽¹⁾.

Churchill Capital IV (NYSE:CCIV.WS) 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.

Churchill Capital IV Cash-to-Debt Related Terms

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