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CBM Asia Development (CBM Asia Development) Cash-to-Debt : 6.86 (As of Sep. 2013)


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What is CBM Asia Development 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. CBM Asia Development's cash to debt ratio for the quarter that ended in Sep. 2013 was 6.86.

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, CBM Asia Development could pay off its debt using the cash in hand for the quarter that ended in Sep. 2013.

(1) 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.

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

CBMDF's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

CBM Asia Development Cash-to-Debt Historical Data

The historical data trend for CBM Asia Development'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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CBM Asia Development Cash-to-Debt Chart

CBM Asia Development Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt 5.67 No Debt

CBM Asia Development Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt 1.11 6.86

Competitive Comparison of CBM Asia Development's Cash-to-Debt

For the Oil & Gas E&P subindustry, CBM Asia Development'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.


CBM Asia Development's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where CBM Asia Development's Cash-to-Debt falls into.



CBM Asia Development 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.

CBM Asia Development's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 is calculated as:

CBM Asia Development had no debt (1).

CBM Asia Development's Cash to Debt Ratio for the quarter that ended in Sep. 2013 is calculated as:

* 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.


CBM Asia Development  (OTCPK:CBMDF) 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.


CBM Asia Development Cash-to-Debt Related Terms

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CBM Asia Development (CBM Asia Development) Business Description

Traded in Other Exchanges
N/A
Address
5626 Larch Street, Suite 404, Vancouver, BC, CAN, V6M 4E1
CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia and has not yet determined whether these properties contain reserves that are economically recoverable.

CBM Asia Development (CBM Asia Development) Headlines

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