CBZ Holdings (XZIM:CBZ.ZW) Cash-to-Debt : 519.76 (As of Dec. 2023)

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What is CBZ Holdings 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. CBZ Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 519.76.

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, CBZ Holdings 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 CBZ Holdings's Cash-to-Debt or its related term are showing as below:

XZIM:CBZ.ZW' s Cash-to-Debt Range Over the Past 10 Years
Min: 17.16 Med: 43.3 Max: 519.76
Current: 519.76

During the past 8 years, CBZ Holdings's highest Cash to Debt Ratio was 519.76. The lowest was 17.16. And the median was 43.30.

XZIM:CBZ.ZW's Cash-to-Debt is ranked better than
95.79% of 1426 companies
in the Banks industry
Industry Median: 1.29 vs XZIM:CBZ.ZW: 519.76

CBZ Holdings Cash-to-Debt Historical Data

The historical data trend for CBZ Holdings'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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CBZ Holdings Cash-to-Debt Chart

CBZ Holdings Annual Data

Trend

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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19.46

60.51

105.28

26.10

519.76

CBZ Holdings Semi-Annual Data
	Dec11	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									105.28	18.06	26.10	19.21	519.76

Competitive Comparison of CBZ Holdings's Cash-to-Debt

For the Banks - Regional subindustry, CBZ Holdings'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.

CBZ Holdings's Cash-to-Debt Distribution in the Banks Industry

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

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

CBZ Holdings 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.

CBZ Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	2185350.698	/	(0	+	4204.553)
	=	519.76

CBZ Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	2185350.698	/	(0	+	4204.553)
	=	519.76

CBZ Holdings (XZIM:CBZ.ZW) 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.

CBZ Holdings Cash-to-Debt Related Terms

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

CBZ Holdings (XZIM:CBZ.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CBZ Holdings Ltd (XZIM:CBZ.ZW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Campbell Road, Pomona, Borrowdale, Harare, ZWE

Website

https://www.cbz.co.zw

CBZ Holdings Ltd is a Zimbabwe-based financial services company. The company's operating segments include Banking Operations; Mortgage finance; Asset management; Insurance operations; Property investment; Agro business; Micro Finance and Other operations. It generates maximum revenue from the Banking Operations segment. The Banking Operations segment provides commercial banking products through retail banking corporate and merchant banking and investment portfolios through the treasury function.

CBZ Holdings (XZIM:CBZ.ZW) Headlines

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