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Credit Suisse Group AG Cash-to-Debt

: 0.90 (As of Jun. 2022)
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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. Credit Suisse Group AG's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.90.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Credit Suisse Group AG couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

The historical rank and industry rank for Credit Suisse Group AG's Cash-to-Debt or its related term are showing as below:

CS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18   Med: 0.5   Max: 3.91
Current: 0.9

During the past 13 years, Credit Suisse Group AG's highest Cash to Debt Ratio was 3.91. The lowest was 0.18. And the median was 0.50.

CS's Cash-to-Debt is ranked worse than
67.46% of 1423 companies
in the Banks industry
Industry Median: 1.86 vs CS: 0.90

Credit Suisse Group AG Cash-to-Debt Historical Data

The historical data trend for Credit Suisse Group AG'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.

Credit Suisse Group AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.57 0.56 0.76 0.88

Credit Suisse Group AG Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.77 0.88 0.94 0.90

Competitive Comparison

For the Banks - Diversified subindustry, Credit Suisse Group AG'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.

   

Credit Suisse Group AG Cash-to-Debt Distribution

For the Banks industry and Financial Services sector, Credit Suisse Group AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Credit Suisse Group AG's Cash-to-Debt falls into.



Credit Suisse Group AG Cash-to-Debt Calculation

This is the ratio of a company's 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.

Credit Suisse Group AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Cash to Debt Ratio= Cash and cash equivalents / Total Debt
= Cash and cash equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=180391.96525516 / (21056.460369164 + 184024.97285559)
=0.88

Credit Suisse Group AG's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

Cash to Debt Ratio= Cash and cash equivalents / Total Debt
= Cash and cash equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=165247.37167594 / (20763.760049474 + 162863.32714904)
=0.90

* 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.


Credit Suisse Group AG  (NYSE:CS) 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.


Credit Suisse Group AG Cash-to-Debt Related Terms

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Credit Suisse Group AG Business Description

Credit Suisse Group AG logo
Address
Paradeplatz 8, Zurich, CHE, 8001
Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.

Credit Suisse Group AG Headlines

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