California First Leasing (California First Leasing) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

California First Leasing Cash-to-Debt Chart

California First Leasing Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Cash-to-Debt		Get a 7-Day Free Trial					25.93	78.87	30.17	104.48	No Debt

California First Leasing Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															14.47	104.48	272.49	No Debt	No Debt

Competitive Comparison of California First Leasing's Cash-to-Debt

For the Credit Services subindustry, California First Leasing'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.

California First Leasing's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, California First Leasing's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where California First Leasing's Cash-to-Debt falls into.

California First Leasing 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.

California First Leasing's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

California First Leasing had no debt ⁽¹⁾.

California First Leasing's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

California First Leasing had no debt ⁽¹⁾.

* 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.

California First Leasing  (OTCPK:CFNB) 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.

California First Leasing Cash-to-Debt Related Terms

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California First Leasing (California First Leasing) Business Description