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CBL International (CBL International) Cash-to-Debt : 19.90 (As of Dec. 2023)


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What is CBL 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. CBL International's cash to debt ratio for the quarter that ended in Dec. 2023 was 19.90.

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, CBL International could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BANL' s Cash-to-Debt Range Over the Past 10 Years
Min: 14.26   Med: 21.78   Max: 24.68
Current: 19.9

During the past 4 years, CBL International's highest Cash to Debt Ratio was 24.68. The lowest was 14.26. And the median was 21.78.

BANL's Cash-to-Debt is ranked better than
79.9% of 1025 companies
in the Oil & Gas industry
Industry Median: 0.49 vs BANL: 19.90

CBL International Cash-to-Debt Historical Data

The historical data trend for CBL 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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CBL International Cash-to-Debt Chart

CBL International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
23.66 24.68 14.26 19.90

CBL International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial 24.68 51.79 14.26 35.85 19.90

Competitive Comparison of CBL International's Cash-to-Debt

For the Oil & Gas Midstream subindustry, CBL 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.

CBL International's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CBL International's Cash-to-Debt distribution charts can be found below:

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


CBL 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.

CBL International's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
=7.403 / (0.178 + 0.194)
=19.90

CBL International's Cash to Debt Ratio for the quarter that ended in Dec. 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)
=7.403 / (0.178 + 0.194)
=19.90

* 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.

CBL International  (NAS:BANL) 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.

CBL International Cash-to-Debt Related Terms

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

CBL International (CBL International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CBL International Ltd (NAS:BANL) » Definitions » Cash-to-Debt
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Traded in Other Exchanges
N/A
Address
No. 19 Jalan Pinang, Suite 19-9-6, Level 9, UOA Centre, Kuala Lumpur, SGR, MYS, 50450
Website
https://www.banle-intl.com
CBL International ltd is a marine fuel logistics company providing a one-stop solution for vessel refueling. It purchases marine fuel from its suppliers and arranges for its suppliers to actually deliver marine fuel to its customers. The company derives a majority of its revenue from China followed by Hong Kong and Malaysia.
Executives
Logeswaran Ramasamy director 95 JALAN TAMING INDAH 2, TAMAN TAMING INDAH, BANDAR SUNGAI LONG, 43000 KAJANG N8 68100
Kam Choy Ho director, 10 percent owner FLAT 2, 22/F, BLOCK 46, HENG FA CHUEN, CHAI WAN K3 0000
Ulf Lothar Naujeck director NYSWANDERWEG 13, HAMBURG 2M 22523
Chiu Sing Chung Raymond officer: Chief Financial Officer ROOM 2101, 21/F, PRINCESS MANSION, 165 KING'S ROAD, NORTH POINT K3 0000
Cbl (asia) Ltd 10 percent owner ROOM 1213, 12/F, TOWER A, HUNGHOM COMMERCIAL CENTRE, 39 MA TAU WAI ROAD, HUNGHOM K3 0000
Teck Lim Chia director, 10 percent owner, officer: Chief Executive Officer FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000
Straits Energy Resources Berhad 10 percent owner B-07-06, PLAZA MONT KIARA, 2, JALAN KIARA, MONT KIARA, 50480 KUALA LUMPUR N8 50480
Khai Fei Wong director 33, LRG 14/2, SEKSYEN 14, PETALING JAYA N8 46100
Koon Liang Ong director 1-3-6, SEGAR VIEW CONDOMINIUM, JLN 5/100A, TMN SEGAR, WILAYAH PERSEKUTUAN N8 56100
Cheah Karen Yee Lynn director 17D-1-2, CASAVISTA CONDOMINIUM, JALAN PENAGA, BANGSAR, KUALA LUMPUR N8 59000
Xiaoling Lu 10 percent owner FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000