Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Cash-to-Debt

: 22.19 (As of Jun. 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. Commercial International Bank - Egypt CIB's cash to debt ratio for the quarter that ended in Jun. 2023 was 22.19.

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, Commercial International Bank - Egypt CIB could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Commercial International Bank - Egypt CIB's Cash-to-Debt or its related term are showing as below:

CIBEY' s Cash-to-Debt Range Over the Past 10 Years
Min: 15.64 Med: 18.17 Max: 427.68
Current: 18.62

During the past 13 years, Commercial International Bank - Egypt CIB's highest Cash to Debt Ratio was 427.68. The lowest was 15.64. And the median was 18.17.

CIBEY's Cash-to-Debt is ranked better than
89.84% of 1447 companies
in the Banks industry
Industry Median: 1.23 vs CIBEY: 18.62

Commercial International Bank - Egypt CIB Cash-to-Debt Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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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Commercial International Bank - Egypt CIB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

17.30

15.64

18.46

17.38

18.62

Commercial International Bank - Egypt CIB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt																16.39	17.38	17.63	22.19	18.62

Competitive Comparison

For the Banks - Regional subindustry, Commercial International Bank - Egypt CIB'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.

Commercial International Bank - Egypt CIB Cash-to-Debt Distribution

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

* The bar in red indicates where Commercial International Bank - Egypt CIB's Cash-to-Debt falls into.

Commercial International Bank - Egypt CIB 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.

Commercial International Bank - Egypt CIB'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)
	=	9801.433	/	(0	+	526.467)
	=	18.62

Commercial International Bank - Egypt CIB's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	10222.693	/	(0	+	460.609)
	=	22.19

Commercial International Bank - Egypt CIB (OTCPK:CIBEY) 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.

Commercial International Bank - Egypt CIB Cash-to-Debt Related Terms

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

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial International Bank - Egypt CIB (OTCPK:CIBEY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CMGGF:USA CBKDl:UK CBKD:UK COMI:Egypt CIN:Germany

Address

21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY

Website

https://www.cibeg.com

Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Headlines

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