Brady (BRC) Cash-to-Debt : 1.96 (As of Jan. 2024)

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What is Brady 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. Brady's cash to debt ratio for the quarter that ended in Jan. 2024 was 1.96.

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, Brady could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

BRC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 1.48 Max: 7.66
Current: 1.96

During the past 13 years, Brady's highest Cash to Debt Ratio was 7.66. The lowest was 0.26. And the median was 1.48.

BRC's Cash-to-Debt is ranked better than
61.16% of 1066 companies
in the Business Services industry
Industry Median: 0.995 vs BRC: 1.96

Brady Cash-to-Debt Historical Data

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

Brady Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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5.56

4.60

1.75

0.88

1.88

Brady Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.98	1.70	1.88	2.19	1.96

Competitive Comparison of Brady's Cash-to-Debt

For the Security & Protection Services subindustry, Brady'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.

Brady's Cash-to-Debt Distribution in the Business Services Industry

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

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

Brady 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.

Brady's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	151.532	/	(14.726	+	65.933)
	=	1.88

Brady's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	143.86	/	(12.758	+	60.6)
	=	1.96

Brady (NYSE:BRC) 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.

Brady Cash-to-Debt Related Terms

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Brady (BRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Brady Corp (NYSE:BRC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BRV:Germany

Address

6555 West Good Hope Road, Milwaukee, WI, USA, 53223

Website

https://www.bradyid.com

Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.

Executives

Bentley Curran	officer: VP Chief Information Officer	6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Brett Wilms	officer: President - EMEA & Australia	6555 W GOOD HOPE ROAD, MILWAUKEE WI 53223
Nancy Lee Gioia	director	6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Olivier Bojarski	officer: President, Identification Soln	C/O BELDEN INC., 1 N. BRENTWOOD BOULEVARD, 15TH FLOOR, SAINT LOUIS MO 63105
Frank W Harris	director	244 SUMMER ST POLYMER BLDG 603, AKRON OH 53202
Elizabeth P Pungello	director	6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Russell Shaller	director	6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Smee Joanne Collins	director	XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Vineet A Nargolwala	director	529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Andrew Gorman	officer: General Counsel&Corp Secretary	6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Pascal Deman	officer: VP & GM Workplace Safety	6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Thomas J Felmer	officer: SR VP CFO	6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Louis T Bolognini	officer: SR VP - GENERAL COUNSEL	P O BOX 9, SUGAR LAND TX 77487
J Michael Nauman	director, officer: President & CEO	C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Bradley C Richardson	director