Cilo Cybin Holdings (JSE:CCC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Cilo Cybin Holdings 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. Cilo Cybin Holdings'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, Cilo Cybin Holdings 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 Cilo Cybin Holdings's Cash-to-Debt or its related term are showing as below:

JSE:CCC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Cilo Cybin Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.26. And the median was No Debt.

JSE:CCC's Cash-to-Debt is ranked better than
99.8% of 1004 companies
in the Drug Manufacturers industry
Industry Median: 1.02 vs JSE:CCC: No Debt

Cilo Cybin Holdings Cash-to-Debt Historical Data

The historical data trend for Cilo Cybin Holdings'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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Cilo Cybin Holdings Cash-to-Debt Chart

Cilo Cybin Holdings Annual Data

Trend

Mar22

Mar23

Cash-to-Debt

No Debt

0.26

Cilo Cybin Holdings Semi-Annual Data
	Mar22	Mar23	Sep23	Sep24
Cash-to-Debt	No Debt	0.26	N/A	No Debt

Competitive Comparison of Cilo Cybin Holdings's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Cilo Cybin Holdings'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.

Cilo Cybin Holdings's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cilo Cybin Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cilo Cybin Holdings's Cash-to-Debt falls into.

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Cilo Cybin Holdings 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.

Cilo Cybin Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	0.077	/	(0.302	+	0)
	=	0.25

Cilo Cybin Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cilo Cybin Holdings had no debt ⁽¹⁾.

Cilo Cybin Holdings (JSE:CCC) 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.

Cilo Cybin Holdings Cash-to-Debt Related Terms

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Cilo Cybin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cilo Cybin Holdings Ltd (JSE:CCC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Sterling Street, The Point Office Park, Unit C1, Samrand, Pretoria, GT, ZAF, 0157

Website

https://www.cilocybin.com

Cilo Cybin Holdings Ltd is a Company whose core focus is on supplying GMP medical cannabis products, including GMP CBD, CBG, CBN isolates and GMP THC and CBD distillates to meet the highest standards of quality, effectiveness, care, and safety. It specializes in supplying medical-grade cannabis flower and final products, using a cold ethanol extraction process with high-quality input materials.

Cilo Cybin Holdings Headlines

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Cilo Cybin Holdings (JSE:CCC) Cash-to-Debt : No Debt (1) (As of Sep. 2024)