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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. California First Leasing's cash to debt ratio for the quarter that ended in Jun. 2026 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, California First Leasingcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(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 California First Leasing's Cash-to-Debt or its related term are showing as below:
CFNB'
s Cash-to-Debt Range Over the Past 10 Years
Min: 2.39 Med: 91.68 Max: No Debt
Current: No Debt
During the past 13 years, California First Leasing's highest Cash to Debt Ratio was No Debt. The lowest was 2.39. And the median was 91.68.
CFNB's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 6.55
vs CFNB: No Debt
California First Leasing (OTCPK:CFNB) 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.
California First Leasing Cash-to-Debt Related Terms
California First Leasing Cash-to-Debt Historical Data
* 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.
For the Asset Management subindustry, California First Leasing'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.
California First Leasing Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, California First Leasing's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where California First Leasing's Cash-to-Debt falls into.
California First Leasing's Cash to Debt Ratio for the fiscal year that ended in Jun. 2026 is calculated as:
California First Leasing had no debt (1).
California First Leasing's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
California First Leasing had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
California First Leasing (CFNB) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 99% below median its historical median of 91.68. Over the past decade, California First Leasing's Cash-to-Debt has ranged from 2.39 to 10,000.00.
Is California First Leasing's Cash-to-Debt too high?
California First Leasing's current Cash-to-Debt of No Debt (1) is 99% below median its 10-year median of 91.68. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 10,000.00. Overall, California First Leasing has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does California First Leasing's Cash-to-Debt compare to NBH and MXF?
California First Leasing's Cash-to-Debt of No Debt (1) can be compared against companies in the Asset Management industry. The industry median Cash-to-Debt is 6.55. Historically, California First Leasing's own Cash-to-Debt has ranged from 2.39 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 6.55, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California First Leasing's current Cash-to-Debt is No Debt (1), which is 99% below median its own 10-year median of 91.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California First Leasing stock overvalued right now?
California First Leasing (CFNB) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 99% below median its 10-year median of 91.68. California First Leasing's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For California First Leasing (CFNB), the current Cash-to-Debt is No Debt (1) as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
California First Leasing Corp is an internally managed non-diversified closed-end investment company. The company retains its lease business while using equity and other investments to maximize current income and generate capital appreciation.
35GF Score
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