Beeks Financial Cloud Group (LSE:BKS) Cash-to-Debt : 2.00 (As of Dec. 2023)

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What is Beeks Financial Cloud Group 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. Beeks Financial Cloud Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.00.

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, Beeks Financial Cloud Group 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 Beeks Financial Cloud Group's Cash-to-Debt or its related term are showing as below:

LSE:BKS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 1.2 Max: No Debt
Current: 2

During the past 10 years, Beeks Financial Cloud Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 1.20.

LSE:BKS's Cash-to-Debt is ranked worse than
53.27% of 2801 companies
in the Software industry
Industry Median: 2.47 vs LSE:BKS: 2.00

Beeks Financial Cloud Group Cash-to-Debt Historical Data

The historical data trend for Beeks Financial Cloud Group'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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Beeks Financial Cloud Group Cash-to-Debt Chart

Beeks Financial Cloud Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

1.77

0.31

0.78

1.73

1.35

Beeks Financial Cloud Group Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												0.13	1.73	1.06	1.35	2.00

Competitive Comparison of Beeks Financial Cloud Group's Cash-to-Debt

For the Software - Infrastructure subindustry, Beeks Financial Cloud Group'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.

Beeks Financial Cloud Group's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Beeks Financial Cloud Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beeks Financial Cloud Group's Cash-to-Debt falls into.

Beeks Financial Cloud Group 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.

Beeks Financial Cloud Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	7.829	/	(3.774	+	2.047)
	=	1.34

Beeks Financial Cloud Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	7.169	/	(2.312	+	1.269)
	=	2.00

Beeks Financial Cloud Group (LSE:BKS) 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.

Beeks Financial Cloud Group Cash-to-Debt Related Terms

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Beeks Financial Cloud Group (LSE:BKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beeks Financial Cloud Group PLC (LSE:BKS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Kings Inch Way, Riverside Building, Renfrew, Renfrew, Renfrewshire, GBR, PA4 8YU

Website

https://www.beeksgroup.com

Beeks Financial Cloud Group PLC is a technology company that provides services like Trading Infrastructure, Managed Cloud, On Demand compute, Connectivity, Analytics and Open Finance to enterprises functioning in capital markets and financial services industry. The operating segments of the company are Public/Private Cloud and Proximity Cloud/Exchange Cloud with the majority of the revenue being generated from the Public/Private Cloud segment. Geographically, the company operates in United Kingdom, Europe, United States and Rest of the world. A substantial portion of its overall revenue is generated from its business in United States.