CHPMW (CHP Merger) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2021)

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What is CHP Merger 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. CHP Merger's cash to debt ratio for the quarter that ended in Dec. 2021 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, CHP Merger could pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

(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 CHP Merger's Cash-to-Debt or its related term are showing as below:

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

During the past 3 years, CHP Merger's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CHPMW's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 6.6 vs CHPMW: No Debt

CHP Merger Cash-to-Debt Historical Data

The historical data trend for CHP Merger'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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CHP Merger Cash-to-Debt Chart

CHP Merger Annual Data

Trend

Dec19

Dec20

Dec21

Cash-to-Debt

No Debt

CHP Merger Semi-Annual Data
	Jul19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of CHP Merger's Cash-to-Debt

For the Shell Companies subindustry, CHP Merger'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.

CHP Merger's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where CHP Merger's Cash-to-Debt falls into.

CHP Merger 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.

CHP Merger's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

CHP Merger had no debt ⁽¹⁾.

CHP Merger's Cash to Debt Ratio for the quarter that ended in Dec. 2021 is calculated as:

CHP Merger had no debt ⁽¹⁾.

CHP Merger (NAS:CHPMW) 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.

CHP Merger Cash-to-Debt Related Terms

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