Cathedra Bitcoin (TSXV:CBIT) Cash-to-Debt : 0.09 (As of Mar. 2025)

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What is Cathedra Bitcoin 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. Cathedra Bitcoin's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.09.

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, Cathedra Bitcoin couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

TSXV:CBIT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.17
Current: 0.09

During the past 2 years, Cathedra Bitcoin's highest Cash to Debt Ratio was 0.17. The lowest was 0.02. And the median was 0.09.

TSXV:CBIT's Cash-to-Debt is ranked worse than
90.42% of 783 companies
in the Capital Markets industry
Industry Median: 2.35 vs TSXV:CBIT: 0.09

Cathedra Bitcoin Cash-to-Debt Historical Data

The historical data trend for Cathedra Bitcoin'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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Cathedra Bitcoin Cash-to-Debt Chart

Cathedra Bitcoin Annual Data

Trend

Dec23

Dec24

Cash-to-Debt

0.17

0.02

Cathedra Bitcoin Quarterly Data
	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial			0.17	N/A	0.09	0.02	0.09

Competitive Comparison of Cathedra Bitcoin's Cash-to-Debt

For the Capital Markets subindustry, Cathedra Bitcoin'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.

Cathedra Bitcoin's Cash-to-Debt Distribution in the Capital Markets Industry

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

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

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Cathedra Bitcoin 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.

Cathedra Bitcoin's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	0.101	/	(6.266	+	0.696)
	=	0.01

Cathedra Bitcoin's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	0.459	/	(4.383	+	0.682)
	=	0.09

Cathedra Bitcoin (TSXV:CBIT) 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.

Cathedra Bitcoin Cash-to-Debt Related Terms

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Cathedra Bitcoin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CBTTF:USA FB0:Germany

Address

422 Richards Street, Unit 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.cathedra.com

Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota, which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications, including bitcoin mining and artificial intelligence.

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