Charter Court Financial Services Group (CHIX:CCFSL) Cash-to-Debt : 2.05 (As of Jun. 2019)

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What is Charter Court Financial Services Group 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. Charter Court Financial Services Group's cash to debt ratio for the quarter that ended in Jun. 2019 was 2.05.

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, Charter Court Financial Services Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2019.

The historical rank and industry rank for Charter Court Financial Services Group's Cash-to-Debt or its related term are showing as below:

CHIX:CCFSL's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.29
* Ranked among companies with meaningful Cash-to-Debt only.

Charter Court Financial Services Group Cash-to-Debt Historical Data

The historical data trend for Charter Court Financial Services Group'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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Charter Court Financial Services Group Cash-to-Debt Chart

Charter Court Financial Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

0.01

0.59

0.34

1.41

0.93

Charter Court Financial Services Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Cash-to-Debt	Get a 7-Day Free Trial			N/A	1.41	1.12	0.93	2.05

Competitive Comparison of Charter Court Financial Services Group's Cash-to-Debt

For the Mortgage Finance subindustry, Charter Court Financial Services Group'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.

Charter Court Financial Services Group's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Charter Court Financial Services Group's Cash-to-Debt falls into.

Charter Court Financial Services Group 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.

Charter Court Financial Services Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	908	/	(0	+	972.9)
	=	0.93

Charter Court Financial Services Group's Cash to Debt Ratio for the quarter that ended in Jun. 2019 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)
	=	991	/	(0	+	484.2)
	=	2.05

Charter Court Financial Services Group (CHIX:CCFSL) 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.

Charter Court Financial Services Group Cash-to-Debt Related Terms

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Charter Court Financial Services Group (CHIX:CCFSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Charter Court Financial Services Group PLC (CHIX:CCFSL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Charter Court, Broadlands, Wolverhampton, GBR, WV10 6TD

Website

http://www.chartercourtfs.co.uk

Charter Court Financial Services Group PLC provides financial services in mortgage loans, online retail savings, and mortgage administration. The group operates through following segments: The Buy to let Lending segment engages in the long-term first charge loans to landlords. The Residential Lending segment engages in the first charge loans to owner-occupiers. The Short Term Lending segment engages in the short term bridging finance to owner-occupiers, landlords, and property developers. The Second Charge Lending segment engages in the long-term second charge loans. The Other segment engages in the central functions of the group, including treasury and third-party mortgage servicing.

Charter Court Financial Services Group (CHIX:CCFSL) Headlines

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