CNA Financial (FRA:CNH) Cash-to-Debt : 0.15 (As of Sep. 2024)

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What is CNA Financial 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. CNA Financial's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.15.

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, CNA Financial couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

FRA:CNH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.12 Max: 0.32
Current: 0.15

During the past 13 years, CNA Financial's highest Cash to Debt Ratio was 0.32. The lowest was 0.06. And the median was 0.12.

FRA:CNH's Cash-to-Debt is ranked worse than
92.32% of 482 companies
in the Insurance industry
Industry Median: 1.735 vs FRA:CNH: 0.15

CNA Financial Cash-to-Debt Historical Data

The historical data trend for CNA Financial'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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CNA Financial Cash-to-Debt Chart

CNA Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.09

0.15

0.19

0.17

0.11

CNA Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.15	0.11	0.12	0.13	0.15

Competitive Comparison of CNA Financial's Cash-to-Debt

For the Insurance - Property & Casualty subindustry, CNA Financial'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.

CNA Financial's Cash-to-Debt Distribution in the Insurance Industry

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

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

CNA Financial 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.

CNA Financial's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	316.365	/	(504.35	+	2275.077)
	=	0.11

CNA Financial's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	410.856	/	(0	+	2677.772)
	=	0.15

CNA Financial (FRA:CNH) 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.

CNA Financial Cash-to-Debt Related Terms

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CNA Financial Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CNA:USA CNH:Germany

Address

151 N. Franklin Street, Chicago, IL, USA, 60606

Website

https://www.cna.com

CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.