CHEB (Chenghe Acquisition II Co) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Chenghe Acquisition II Co 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. Chenghe Acquisition II Co's cash to debt ratio for the quarter that ended in Sep. 2024 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, Chenghe Acquisition II Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Chenghe Acquisition II Co's Cash-to-Debt or its related term are showing as below:

CHEB' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.25 Med: No Debt Max: No Debt
Current: 7.25

During the past 0 years, Chenghe Acquisition II Co's highest Cash to Debt Ratio was No Debt. The lowest was 7.25. And the median was No Debt.

CHEB's Cash-to-Debt is ranked better than
51.46% of 478 companies
in the Diversified Financial Services industry
Industry Median: 6.725 vs CHEB: 7.25

Chenghe Acquisition II Co Cash-to-Debt Historical Data

The historical data trend for Chenghe Acquisition II Co'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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Chenghe Acquisition II Co Cash-to-Debt Chart

Chenghe Acquisition II Co Annual Data

Trend

Cash-to-Debt

Chenghe Acquisition II Co Quarterly Data
	Feb24	May24	Sep24
Cash-to-Debt	-	No Debt	No Debt

Competitive Comparison of Chenghe Acquisition II Co's Cash-to-Debt

For the Shell Companies subindustry, Chenghe Acquisition II Co'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.

Chenghe Acquisition II Co's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chenghe Acquisition II Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chenghe Acquisition II Co's Cash-to-Debt falls into.

Chenghe Acquisition II Co 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.

Chenghe Acquisition II Co's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Chenghe Acquisition II Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Chenghe Acquisition II Co had no debt ⁽¹⁾.

Chenghe Acquisition II Co (AMEX:CHEB) 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.

Chenghe Acquisition II Co Cash-to-Debt Related Terms

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