Clear Blue Technologies International (TSXV:CBLU) Cash-to-Debt : 0.10 (As of Sep. 2023)

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What is Clear Blue Technologies International 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. Clear Blue Technologies International's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.10.

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, Clear Blue Technologies International couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Clear Blue Technologies International's Cash-to-Debt or its related term are showing as below:

TSXV:CBLU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.17 Max: 2.54
Current: 0.1

During the past 7 years, Clear Blue Technologies International's highest Cash to Debt Ratio was 2.54. The lowest was 0.01. And the median was 0.17.

TSXV:CBLU's Cash-to-Debt is ranked worse than
94.47% of 994 companies
in the Semiconductors industry
Industry Median: 1.765 vs TSXV:CBLU: 0.10

Clear Blue Technologies International Cash-to-Debt Historical Data

The historical data trend for Clear Blue Technologies International'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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Clear Blue Technologies International Cash-to-Debt Chart

Clear Blue Technologies International Annual Data

Trend

Dec16

Apr17

Apr18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.03

0.83

0.26

0.09

Clear Blue Technologies International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.09	0.07	N/A	0.10

Competitive Comparison of Clear Blue Technologies International's Cash-to-Debt

For the Solar subindustry, Clear Blue Technologies International'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.

Clear Blue Technologies International's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Clear Blue Technologies International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Clear Blue Technologies International's Cash-to-Debt falls into.

Clear Blue Technologies International 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.

Clear Blue Technologies International'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)
	=	0.853	/	(1.459	+	8.514)
	=	0.09

Clear Blue Technologies International's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	1.086	/	(1.771	+	9.212)
	=	0.10

Clear Blue Technologies International (TSXV:CBLU) 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.

Clear Blue Technologies International Cash-to-Debt Related Terms

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

Clear Blue Technologies International (TSXV:CBLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Clear Blue Technologies International Inc (TSXV:CBLU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CBUTF:USA 0YA:Germany

Address

30 Lesmill Road, Unit 7, Toronto, ON, CAN, M3B 2T6

Website

https://www.clearbluetechnologies.com

Clear Blue Technologies International Inc is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to the power, control, monitor, manage, and proactively service solar and hybrid-powered systems such as street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. The Company operates in three geographical areas: Canada, the United States of America, and the Middle East, and Africa.

Clear Blue Technologies International (TSXV:CBLU) Headlines

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