Conduit Capital (Conduit Capital) Cash-to-Debt : 2.79 (As of Dec. 2021)

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What is Conduit Capital 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. Conduit Capital's cash to debt ratio for the quarter that ended in Dec. 2021 was 2.79.

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, Conduit Capital could pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

CNCPF's Cash-to-Debt is not ranked ^*
in the Insurance industry.
Industry Median: 1.835
* Ranked among companies with meaningful Cash-to-Debt only.

Conduit Capital Cash-to-Debt Historical Data

The historical data trend for Conduit Capital'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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Conduit Capital Cash-to-Debt Chart

Conduit Capital Annual Data

Trend

Aug12

Aug13

Aug14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

532.17

3.12

2.16

2.30

Conduit Capital Semi-Annual Data
	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial															1.86	2.16	1.36	2.30	2.79

Competitive Comparison of Conduit Capital's Cash-to-Debt

For the Insurance - Diversified subindustry, Conduit Capital'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.

Conduit Capital's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Conduit Capital's Cash-to-Debt distribution charts can be found below:

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

Conduit Capital Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Conduit Capital's Cash to Debt Ratio for the fiscal year that ended in Jun. 2021 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	11.412	/	(1.43	+	3.527)
	=	2.30

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

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	11.284	/	(1.178	+	2.87)
	=	2.79

Conduit Capital (OTCPK:CNCPF) 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.

Conduit Capital Cash-to-Debt Related Terms

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

Conduit Capital (Conduit Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Capital Ltd (OTCPK:CNCPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191

Website

http://www.conduitcapital.co.za

Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.

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