Blue Bird (FRA:4RB) Cash-to-Debt : 0.94 (As of Mar. 2024)

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What is Blue Bird 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. Blue Bird's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.94.

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, Blue Bird couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:4RB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.15 Max: No Debt
Current: 0.94

During the past 11 years, Blue Bird's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.15.

FRA:4RB's Cash-to-Debt is ranked better than
58.84% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs FRA:4RB: 0.94

Blue Bird Cash-to-Debt Historical Data

The historical data trend for Blue Bird'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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Blue Bird Cash-to-Debt Chart

Blue Bird Annual Data

Trend

Dec14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.38

0.25

0.05

0.06

0.60

Blue Bird Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.13	0.37	0.60	0.57	0.94

Competitive Comparison of Blue Bird's Cash-to-Debt

For the Auto Manufacturers subindustry, Blue Bird'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.

Blue Bird's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Blue Bird's Cash-to-Debt distribution charts can be found below:

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

Blue Bird 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.

Blue Bird'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)
	=	74.012	/	(19.099	+	104.505)
	=	0.60

Blue Bird's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	85.648	/	(5.426	+	85.286)
	=	0.94

Blue Bird (FRA:4RB) 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.

Blue Bird Cash-to-Debt Related Terms

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Blue Bird (FRA:4RB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Blue Bird Corp (FRA:4RB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BLBD:USA

Address

3920 Arkwright Road, 2nd Floor, Macon, GA, USA, 31210

Website

https://www.blue-bird.com

Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.

Blue Bird (FRA:4RB) Headlines

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