GURUFOCUS.COM » STOCK LIST » USA » NAS » Coinbase Global Inc (NAS:COIN) » Definitions » Cash-to-Debt
Switch to:

Coinbase Global Cash-to-Debt

: 1.74 (As of Jun. 2022)
View and export this data going back to 2021. Start your Free Trial

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. Coinbase Global's cash to debt ratio for the quarter that ended in Jun. 2022 was 1.74.

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, Coinbase Global could pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

COIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.73   Med: 2.52   Max: 17.64
Current: 1.74

During the past 3 years, Coinbase Global's highest Cash to Debt Ratio was 17.64. The lowest was 1.73. And the median was 2.52.

COIN's Cash-to-Debt is ranked worse than
60.92% of 2697 companies
in the Software industry
Industry Median: 3.51 vs COIN: 1.74

Coinbase Global Cash-to-Debt Historical Data

The historical data trend for Coinbase Global'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.

* Premium members only.

Coinbase Global Annual Data
Trend Dec19 Dec20 Dec21
Cash-to-Debt
4.89 10.31 2.07

Coinbase Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.97 1.84 2.07 1.73 1.74

Competitive Comparison

For the Software - Application subindustry, Coinbase Global'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.

   

Coinbase Global Cash-to-Debt Distribution

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

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



Coinbase Global 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.

Coinbase Global's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Coinbase Global's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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.


Coinbase Global  (NAS:COIN) 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.


Coinbase Global Cash-to-Debt Related Terms

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


Coinbase Global Business Description

Coinbase Global logo
Traded in Other Exchanges
Address
c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, DE, USA, 19801
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage, data analytics, and collateralized lending.
Executives
Lutke Tobias director C/O SHOPIFY INC. 150 ELGIN ST., 8TH FLOOR OTTAWA A6 K2P 1L4
Ah Capital Management, L.l.c. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Cnk Fund I, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Choi Emilie officer: President C/O COINBASE GLOBAL, INC. 100 PINE STREET, SUITE 1250 SAN FRANCISCO CA 94111
Andreessen Horowitz Lsv Fund I, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Ah Equity Partners Lsv I, L.l.c. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Andreessen Horowitz Lsv Fund I-q, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Andreessen Horowitz Lsv Fund I-b, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Union Square 2012 Gp, L.l.c. 10 percent owner 915 BROADWAY 19TH FLOOR NEW YORK NY 10010
Usv Opportunity 2014, Lp 10 percent owner 915 BROADWAY, 19TH FLOOR NEW YORK NY 10010
Usv Opportunity Investors 2014, Lp 10 percent owner 915 BROADWAY, 19TH FLOOR NEW YORK NY 10010
Usv Opportunity 2014 Gp, Llc 10 percent owner 915 BROADWAY, 19TH FLOOR NEW YORK NY 10010
Brian Armstrong Living Trust 10 percent owner C/O COINBASE GLOBAL, INC. 100 PINE STREET, SUITE 1250 SAN FRANCISCO CA 94111
Cnk Equity Partners I, L.l.c. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Cnk Fund I-b, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025

Coinbase Global Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)