Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Cash-to-Debt : 1.36 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Chongqing Rural Commercial Bank Co 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. Chongqing Rural Commercial Bank Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.36.

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, Chongqing Rural Commercial Bank Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Chongqing Rural Commercial Bank Co's Cash-to-Debt or its related term are showing as below:

CRCBY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.75 Med: 1.66 Max: 36.71
Current: 1.36

During the past 13 years, Chongqing Rural Commercial Bank Co's highest Cash to Debt Ratio was 36.71. The lowest was 0.75. And the median was 1.66.

CRCBY's Cash-to-Debt is ranked better than
51.89% of 1428 companies
in the Banks industry
Industry Median: 1.3 vs CRCBY: 1.36

Chongqing Rural Commercial Bank Co Cash-to-Debt Historical Data

The historical data trend for Chongqing Rural Commercial Bank Co'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.

Chongqing Rural Commercial Bank Co Cash-to-Debt Chart

Chongqing Rural Commercial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.71

1.17

0.75

0.86

1.36

Chongqing Rural Commercial Bank Co Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.86	1.17	1.11	1.36	N/A

Competitive Comparison of Chongqing Rural Commercial Bank Co's Cash-to-Debt

For the Banks - Regional subindustry, Chongqing Rural Commercial Bank Co'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.

Chongqing Rural Commercial Bank Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Chongqing Rural Commercial Bank Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chongqing Rural Commercial Bank Co's Cash-to-Debt falls into.

Chongqing Rural Commercial Bank Co 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.

Chongqing Rural Commercial Bank Co'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)
	=	23028.446	/	(0	+	16893.134)
	=	1.36

Chongqing Rural Commercial Bank Co's Cash to Debt Ratio for the quarter 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)
	=	23028.446	/	(0	+	16893.134)
	=	1.36

Chongqing Rural Commercial Bank Co (OTCPK:CRCBY) 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.

Chongqing Rural Commercial Bank Co Cash-to-Debt Related Terms

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

Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chongqing Rural Commercial Bank Co Ltd (OTCPK:CRCBY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

03618:Hong Kong C3B:Germany 601077:China

Address

1 Matheson Street, 31th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.cqrcb.com

Chongqing Rural Commercial Bank Co Ltd provides a range of banking and related services in China. The company operates in three segments: Corporate banking, which includes corporate loans, trade financing, deposit takings, financial leasing, and other services; Personal banking segment includes personal loans, deposit products, card business, personal wealth management services, and other services; and Financial market operations, which conducts money market or repurchase transactions and debt instruments investment. Its geographical segments are County and Urban.

Chongqing Rural Commercial Bank Co (Chongqing Rural Commercial Bank Co) Headlines

No Headlines