CFACW (CF Finance Acquisition III) Cash-to-Debt : 0.04 (As of Jun. 2021)

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What is CF Finance Acquisition III 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. CF Finance Acquisition III's cash to debt ratio for the quarter that ended in Jun. 2021 was 0.04.

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, CF Finance Acquisition III couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

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

CFACW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: No Debt
Current: 0.04

During the past 3 years, CF Finance Acquisition III's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.04.

CFACW's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 6.66 vs CFACW: 0.04

CF Finance Acquisition III Cash-to-Debt Historical Data

The historical data trend for CF Finance Acquisition III'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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CF Finance Acquisition III Cash-to-Debt Chart

CF Finance Acquisition III Annual Data

Trend

Dec18

Dec19

Dec20

Cash-to-Debt

N/A

No Debt

CF Finance Acquisition III Semi-Annual Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cash-to-Debt	Get a 7-Day Free Trial				N/A	No Debt	-	0.04	0.04

Competitive Comparison of CF Finance Acquisition III's Cash-to-Debt

For the Shell Companies subindustry, CF Finance Acquisition III'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.

CF Finance Acquisition III's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CF Finance Acquisition III's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CF Finance Acquisition III's Cash-to-Debt falls into.

CF Finance Acquisition III 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.

CF Finance Acquisition III's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	0.001	/	(0.428	+	0)
	=	0.00

CF Finance Acquisition III's Cash to Debt Ratio for the quarter that ended in Jun. 2021 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)
	=	0.129	/	(3.461	+	0)
	=	0.04

CF Finance Acquisition III (NAS:CFACW) 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.

CF Finance Acquisition III Cash-to-Debt Related Terms

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