BRC Asia (SGX:BEC) Cash-to-Debt : 0.49 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is BRC Asia 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. BRC Asia's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.49.

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

SGX:BEC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.3 Max: 1
Current: 0.49

During the past 13 years, BRC Asia's highest Cash to Debt Ratio was 1.00. The lowest was 0.07. And the median was 0.30.

SGX:BEC's Cash-to-Debt is ranked better than
54.63% of 615 companies
in the Steel industry
Industry Median: 0.44 vs SGX:BEC: 0.49

BRC Asia Cash-to-Debt Historical Data

The historical data trend for BRC Asia'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.

* Premium members only.

BRC Asia Cash-to-Debt Chart

BRC Asia Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

0.20

0.28

0.19

0.34

0.49

BRC Asia Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.43	0.34	0.44	0.49	0.49

Competitive Comparison of BRC Asia's Cash-to-Debt

For the Steel subindustry, BRC Asia'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.

BRC Asia's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BRC Asia's Cash-to-Debt distribution charts can be found below:

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

BRC Asia 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.

BRC Asia'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)
	=	184.624	/	(359.664	+	21.015)
	=	0.48

BRC Asia'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)
	=	130.696	/	(251.678	+	17.196)
	=	0.49

BRC Asia (SGX:BEC) 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.

BRC Asia Cash-to-Debt Related Terms

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

BRC Asia (SGX:BEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BRC Asia Ltd (SGX:BEC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530

Website

https://www.brc.com.sg

BRC Asia Ltd is a provider of steel reinforcement solutions. The reportable segments of the company are fabrication and manufacturing; Trading; and others. It generates maximum revenue from the fabrication and manufacturing segment. The fabrication and manufacturing segment is involved in the business of prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. Trading segment is involved in trading of steel and steel related products in both domestic and international market. Others relates to management of airport, hotel and resort and property development. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Thailand, Hong Kong, Australia and others.

BRC Asia (SGX:BEC) Headlines

No Headlines