Braemar (LSE:BMS) Cash-to-Debt : 0.81 (As of Feb. 2024)

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What is Braemar 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. Braemar's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.81.

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, Braemar couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

LSE:BMS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36 Med: 0.66 Max: 10.68
Current: 0.81

During the past 13 years, Braemar's highest Cash to Debt Ratio was 10.68. The lowest was 0.36. And the median was 0.66.

LSE:BMS's Cash-to-Debt is ranked better than
65.14% of 958 companies
in the Transportation industry
Industry Median: 0.48 vs LSE:BMS: 0.81

Braemar Cash-to-Debt Historical Data

The historical data trend for Braemar'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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Braemar Cash-to-Debt Chart

Braemar Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.43

0.36

0.39

0.95

0.81

Braemar Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.39	0.82	0.95	0.95	0.81

Competitive Comparison of Braemar's Cash-to-Debt

For the Marine Shipping subindustry, Braemar'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.

Braemar's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Braemar's Cash-to-Debt distribution charts can be found below:

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

Braemar 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.

Braemar's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	27.951	/	(2.557	+	32.165)
	=	0.80

Braemar's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	27.951	/	(2.557	+	32.165)
	=	0.80

Braemar (LSE:BMS) 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.

Braemar Cash-to-Debt Related Terms

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Braemar (LSE:BMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Braemar PLC (LSE:BMS) » Definitions » Cash-to-Debt

Traded in Other Exchanges

BMSl:UK BMS.GB:UK 5K9:Germany

Address

Trafalgar Square, One Strand, London, GBR, WC2N 5HR

Website

https://www.braemar.com

Braemar PLC provides advice in investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in shipping and energy industry. The company's operating segment are, Chartering, Investment Advisory and Risk Advisory. The majority of the revenue for the company is generated from its Chartering business segment under which it provides cost-saving solutions that create and protect the deals for their clients. Geographically, the company has its presence in United Kingdom, Singapore, Australia, Switzerland, United States, Germany and Rest of the world. A substantial part of its overall revenue is generated from its business in United Kingdom.