CGBS (Crown LNG Holdings) Cash-to-Debt : 0.64 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Crown LNG Holdings 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. Crown LNG Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.64.

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, Crown LNG Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

CGBS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 1.09
Current: 0.64

During the past 4 years, Crown LNG Holdings's highest Cash to Debt Ratio was 1.09. The lowest was 0.00. And the median was 0.13.

CGBS's Cash-to-Debt is ranked better than
53.64% of 988 companies
in the Oil & Gas industry
Industry Median: 0.52 vs CGBS: 0.64

Crown LNG Holdings Cash-to-Debt Historical Data

The historical data trend for Crown LNG Holdings'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.

Crown LNG Holdings Cash-to-Debt Chart

Crown LNG Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.25

0.02

1.09

Crown LNG Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.02	0.02	1.09	0.64

Competitive Comparison of Crown LNG Holdings's Cash-to-Debt

For the Oil & Gas Integrated subindustry, Crown LNG Holdings'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.

Crown LNG Holdings's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crown LNG Holdings's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Crown LNG Holdings 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.

Crown LNG Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	4.316	/	(2.706	+	1.255)
	=	1.09

Crown LNG Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	4.686	/	(5.007	+	2.303)
	=	0.64

Crown LNG Holdings (NAS:CGBS) 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.

Crown LNG Holdings Cash-to-Debt Related Terms

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

Crown LNG Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Crown LNG Holdings Ltd (NAS:CGBS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG

Website

https://www.crownlng.com

Crown LNG Holdings Ltd is an LNG infrastructure company that seeks to provide natural gas liquefaction, storage, and re-gasification services. It focuses on enabling a stable and reliable supply of LNG to customers, especially in geographic areas where onshore or floating facilities may be difficult or less desirable as a result of harsh weather conditions, safety or environmental concerns, or cost. It specializes in the design and operation of offshore, all-weather LNG liquefication and re-gasification terminals, such as gravity-based structures. Through Its technologies and design, It believes it can deliver tailored LNG infrastructure suitable for energy-isolated locations, as well as provide critical LNG infrastructure to under-served markets around the world.