Central Insurance Co (DHA:CENTRALINS) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Sep. 2023)

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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. Central Insurance Co's cash to debt ratio for the quarter that ended in Sep. 2023 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, Central Insurance Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(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 Central Insurance Co's Cash-to-Debt or its related term are showing as below:

DHA:CENTRALINS' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.78 Med: No Debt Max: No Debt
Current: 5.47

During the past 12 years, Central Insurance Co's highest Cash to Debt Ratio was No Debt. The lowest was 3.78. And the median was No Debt.

DHA:CENTRALINS's Cash-to-Debt is ranked better than
64.94% of 482 companies
in the Insurance industry
Industry Median: 1.87 vs DHA:CENTRALINS: 5.47

Central Insurance Co Cash-to-Debt Historical Data

The historical data trend for Central Insurance 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.

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Central Insurance Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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4.01

4.72

5.85

5.82

5.30

Central Insurance Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	5.30	No Debt	No Debt	No Debt

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Central Insurance 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.

Central Insurance Co Cash-to-Debt Distribution

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

* The bar in red indicates where Central Insurance Co's Cash-to-Debt falls into.

Central Insurance 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.

Central Insurance Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	747.594	/	(39.574	+	101.628)
	=	5.29

Central Insurance Co's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Central Insurance Co had no debt ⁽¹⁾.

Central Insurance Co (DHA:CENTRALINS) 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.

Central Insurance Co Cash-to-Debt Related Terms

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Central Insurance Co (DHA:CENTRALINS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Central Insurance Co Ltd (DHA:CENTRALINS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Insurance Bhaban, No. 7-8, Motijheel C/A, 3rd, 4t Floor, Dhaka, BGD, 1000

Website

https://www.cicl-bd.com

Central Insurance Co Ltd is engaged in the business of providing property and casualty insurance products and services in Bangladesh. The products of the company are Fire, Marine Cargo, Marine Hull, Engineering, Overseas Mediclaim and holiday, Motor, Various Liability, Aviation Hull, and liability and Miscellaneous Insurances.

Central Insurance Co (DHA:CENTRALINS) Headlines

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