Compu Clearing Outsourcing (JSE:CCL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2014)

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What is Compu Clearing Outsourcing 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. Compu Clearing Outsourcing's cash to debt ratio for the quarter that ended in Dec. 2014 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, Compu Clearing Outsourcing could pay off its debt using the cash in hand for the quarter that ended in Dec. 2014.

(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 Compu Clearing Outsourcing's Cash-to-Debt or its related term are showing as below:

JSE:CCL's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.55
* Ranked among companies with meaningful Cash-to-Debt only.

Compu Clearing Outsourcing Cash-to-Debt Historical Data

The historical data trend for Compu Clearing Outsourcing'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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Compu Clearing Outsourcing Cash-to-Debt Chart

Compu Clearing Outsourcing Annual Data

Trend

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Cash-to-Debt

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No Debt

Compu Clearing Outsourcing Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Compu Clearing Outsourcing's Cash-to-Debt

For the Information Technology Services subindustry, Compu Clearing Outsourcing'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.

Compu Clearing Outsourcing's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Compu Clearing Outsourcing's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Compu Clearing Outsourcing's Cash-to-Debt falls into.

Compu Clearing Outsourcing 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.

Compu Clearing Outsourcing's Cash to Debt Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Compu Clearing Outsourcing had no debt ⁽¹⁾.

Compu Clearing Outsourcing's Cash to Debt Ratio for the quarter that ended in Dec. 2014 is calculated as:

Compu Clearing Outsourcing had no debt ⁽¹⁾.

Compu Clearing Outsourcing (JSE:CCL) 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.

Compu Clearing Outsourcing Cash-to-Debt Related Terms

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