Compute Health Acquisition (Compute Health Acquisition) Cash-to-Debt : 0.09 (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Compute Health Acquisition 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. Compute Health Acquisition's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.09.

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, Compute Health Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

CPUH.U' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.62 Max: No Debt
Current: 0.09

During the past 3 years, Compute Health Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.62.

CPUH.U's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.48 vs CPUH.U: 0.09

Compute Health Acquisition Cash-to-Debt Historical Data

The historical data trend for Compute Health Acquisition'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.

Compute Health Acquisition Cash-to-Debt Chart

Compute Health Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

0.28

0.60

0.82

Compute Health Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial					0.20	0.05	1.11	0.82	0.09

Competitive Comparison of Compute Health Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Compute Health Acquisition'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.

Compute Health Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Compute Health Acquisition's Cash-to-Debt falls into.

Compute Health Acquisition 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.

Compute Health Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.766	/	(0.932	+	0)
	=	0.82

Compute Health Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.281	/	(3.105	+	0)
	=	0.09

Compute Health Acquisition (NYSE:CPUH.U) 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.

Compute Health Acquisition Cash-to-Debt Related Terms

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

Compute Health Acquisition (Compute Health Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Compute Health Acquisition Corp (NYSE:CPUH.U) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1105 North Market Street, 4th Floor, Wilmington, DE, USA, 19890

Website

https://www.compute-health.com

Compute Health Acquisition Corp is a blank check company.

Executives

Omar Ishrak	director, 10 percent owner	710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Gwendolyn A Watanabe	director	C/O SARATOGA VENTURES, 210 ALMENDRA AVENUE, LOS GATOS CA 95030
Joshua A Fink	director, 10 percent owner	540 MADISON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Michael Harsh	director	3600 GREEN COURT, SUITE 350, ANN ARBOR MI 48105
Compute Health Sponsor Llc	director, 10 percent owner	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Hani Barhoush	director	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Jean Nehme	director, 10 percent owner	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Compute Health Sponsor Ii Llc	director, 10 percent owner	1105 N. MARKET STREET, SUITE 1300, WILIMINGTON DE 19801
Osama Alswailem	director	1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801