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BHP Billiton Ltd (NYSE:BHP)
Cash to Debt Ratio
0.22 (As of Jun. 2015)

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. BHP Billiton Ltd's cash to debt ratio for the quarter that ended in Jun. 2015 was 0.22.

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, BHP Billiton Ltd couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

BHP' s Cash to Debt Range Over the Past 10 Years
Min: 0.03   Max: No Debt
Current: 0.22

During the past 13 years, BHP Billiton Ltd's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.20.

BHP's Cash to Debt is ranked lower than
78% of the 1379 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 8.00 vs. BHP: 0.22 )

Definition

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

BHP Billiton Ltd's Cash to Debt Ratio for the fiscal year that ended in Jun. 2015 is calculated as:

BHP Billiton Ltd's Cash to Debt Ratio for the quarter that ended in Jun. 2015 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash, Cash Equivalents, Marketable Securities, Interest Coverage


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

BHP Billiton Ltd Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
cash2debt 0.180.280.500.710.810.650.180.180.260.22

BHP Billiton Ltd Semi-Annual Data

Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14Dec14Jun15
cash2debt 1.040.650.170.180.150.180.290.260.200.22
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