Cenkos Securities (LSE:CNKS) Cash-to-Debt : 3.80 (As of Dec. 2022)

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What is Cenkos Securities 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. Cenkos Securities's cash to debt ratio for the quarter that ended in Dec. 2022 was 3.80.

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, Cenkos Securities could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

LSE:CNKS' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.8 Med: No Debt Max: No Debt
Current: 3.8

During the past 13 years, Cenkos Securities's highest Cash to Debt Ratio was No Debt. The lowest was 3.80. And the median was No Debt.

LSE:CNKS's Cash-to-Debt is not ranked
in the Capital Markets industry.
Industry Median: 1.76 vs LSE:CNKS: 3.80

Cenkos Securities Cash-to-Debt Historical Data

The historical data trend for Cenkos Securities'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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Cenkos Securities Cash-to-Debt Chart

Cenkos Securities Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

5.41

6.72

7.62

3.80

Cenkos Securities Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															6.72	No Debt	7.62	No Debt	3.80

Competitive Comparison of Cenkos Securities's Cash-to-Debt

For the Capital Markets subindustry, Cenkos Securities'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.

Cenkos Securities's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cenkos Securities's Cash-to-Debt distribution charts can be found below:

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

Cenkos Securities 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.

Cenkos Securities's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	18.052	/	(0.611	+	4.134)
	=	3.80

Cenkos Securities's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	18.052	/	(0.611	+	4.134)
	=	3.80

Cenkos Securities (LSE:CNKS) 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.

Cenkos Securities Cash-to-Debt Related Terms

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

Cenkos Securities (LSE:CNKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cenkos Securities PLC (LSE:CNKS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6.7.8 Tokenhouse Yard, London, GBR, EC2R 7AS

Website

https://www.cenkos.com

Cenkos Securities PLC is an institutional stockbroker that provides advice to its clients. The company acts as a nominated advisor, sponsor, broker and financial adviser to companies across all sectors and stages of growth. The revenue streams of the company are 1) Corporate finance includes commission earned on primary and secondary capital raising. 2) Nomad, Broking and Research include Annual retainer fees received for acting as Nomad, broker and/or financial adviser, generated from corporate and investment trust clients. 3) Execution includes Gains or losses made from positions in shares that the company holds as a market maker or where the company receives shares in lieu of fees.

Cenkos Securities (LSE:CNKS) Headlines

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