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China Yibai United Guarantee International Holding (China Yibai United Guarantee International Holding) Cash-to-Debt : 0.46 (As of Sep. 2022)


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What is China Yibai United Guarantee International Holding 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. China Yibai United Guarantee International Holding's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.46.

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, China Yibai United Guarantee International Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

The historical rank and industry rank for China Yibai United Guarantee International Holding's Cash-to-Debt or its related term are showing as below:

CBGH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46   Med: 1.23   Max: 2
Current: 2

During the past 5 years, China Yibai United Guarantee International Holding's highest Cash to Debt Ratio was 2.00. The lowest was 0.46. And the median was 1.23.

CBGH's Cash-to-Debt is ranked worse than
53.27% of 2797 companies
in the Software industry
Industry Median: 2.43 vs CBGH: 2.00

China Yibai United Guarantee International Holding Cash-to-Debt Historical Data

The historical data trend for China Yibai United Guarantee International Holding'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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China Yibai United Guarantee International Holding Cash-to-Debt Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03 Sep22 Sep23
Cash-to-Debt
0.07 0.06 0.06 0.46 2.00

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep22 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.03 0.04 0.46 2.00

Competitive Comparison of China Yibai United Guarantee International Holding's Cash-to-Debt

For the Software - Application subindustry, China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, China Yibai United Guarantee International Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Yibai United Guarantee International Holding's Cash-to-Debt falls into.


China Yibai United Guarantee International Holding 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.

China Yibai United Guarantee International Holding's Cash to Debt Ratio for the fiscal year 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)
=0.072 / (0.036 + 0)
=2.00

China Yibai United Guarantee International Holding's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.012 / (0.026 + 0)
=0.46

* 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.

China Yibai United Guarantee International Holding  (OTCPK:CBGH) 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.

China Yibai United Guarantee International Holding Cash-to-Debt Related Terms

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China Yibai United Guarantee International Holding (China Yibai United Guarantee International Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » China Yibai United Guarantee International Holding Inc (OTCPK:CBGH) » Definitions » Cash-to-Debt
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Traded in Other Exchanges
N/A
Address
106-7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
Website
https://www.tidycall.com
China Yibai United Guarantee International Holding Inc along with its subsidiary provides mobile device users on demand cleaning and other home maintenance services (residential and commercial) information and access through its proprietary TidyCall App. There are two versions of the TidyCall App, TidyCall User which is for consumers and TidyCall Provider which is for approved Cleaning Service Providers.
Executives
Belmont Partners, Llc 10 percent owner 360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
Joseph J Meuse director, 10 percent owner 211 FALMOUTH STREET, WARRENTON VA 20186