CreditRiskMonitor.com (CreditRiskMonitor.com) Cash-to-Debt : 8.21 (As of Dec. 2023)

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What is CreditRiskMonitor.com 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. CreditRiskMonitor.com's cash to debt ratio for the quarter that ended in Dec. 2023 was 8.21.

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, CreditRiskMonitor.com 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 CreditRiskMonitor.com's Cash-to-Debt or its related term are showing as below:

CRMZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.79 Med: 5004.11 Max: No Debt
Current: 8.21

During the past 13 years, CreditRiskMonitor.com's highest Cash to Debt Ratio was No Debt. The lowest was 2.79. And the median was 5004.11.

CRMZ's Cash-to-Debt is ranked better than
66.46% of 790 companies
in the Capital Markets industry
Industry Median: 1.78 vs CRMZ: 8.21

CreditRiskMonitor.com Cash-to-Debt Historical Data

The historical data trend for CreditRiskMonitor.com'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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CreditRiskMonitor.com Cash-to-Debt Chart

CreditRiskMonitor.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.38

2.79

5.79

7.09

8.21

CreditRiskMonitor.com Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															7.09	7.16	7.78	8.38	8.21

Competitive Comparison of CreditRiskMonitor.com's Cash-to-Debt

For the Capital Markets subindustry, CreditRiskMonitor.com'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.

CreditRiskMonitor.com's Cash-to-Debt Distribution in the Capital Markets Industry

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

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

CreditRiskMonitor.com 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.

CreditRiskMonitor.com'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)
	=	14.5	/	(0.211	+	1.555)
	=	8.21

CreditRiskMonitor.com'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)
	=	14.5	/	(0.211	+	1.555)
	=	8.21

CreditRiskMonitor.com (OTCPK:CRMZ) 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.

CreditRiskMonitor.com Cash-to-Debt Related Terms

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

CreditRiskMonitor.com (CreditRiskMonitor.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CreditRiskMonitor.com Inc (OTCPK:CRMZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

704 Executive Boulevard, Suite A, Valley Cottage, NY, USA, 10989

Website

https://www.creditriskmonitor.com

CreditRiskMonitor.com Inc is engaged in the provision of business-to-business Internet-based services for credit and supply chain and financial professionals. The services include financial risk analysis and news service. It provides its services to entities based in the United States. In addition, it is also involved in the re-distribution of international credit reports in the United States.

Executives

Lisa A. Reisman	director	704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Brigitte W. Muehlmann	director	704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Richard A Lippe	director	9 NOME DRIVE, WOODBURY NY 11797
Michael Ilan Flum	officer: SR. VICE PRESIDENT & COO	704 EXECUTIVE BLVD SUITE A, VALLEY COTTAGE NY 10989
William B Danner	officer: Chief Operating Officer	704 EXECUTIVE BLVD., VALLEY COTTAGE NY 10989
Lawrence Fensterstock	officer: Snr. VP, CFO and Secretary	704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Joshua Matthew Flum	director	704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Andrew Joseph Melnick	director	704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Jeffrey S Geisenheimer	director	704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Richard Joseph James	director	704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Leslie Charm	director	704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Jerome S Flum	director, 10 percent owner, officer: COB, CEO & President	110 JERICHO TURNPIKE, SUITE 202, FLORAL PARK NY 11001
Partners Flum	10 percent owner	704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989