Bright Horizons Family Solutions (Bright Horizons Family Solutions) Cash-to-Debt : 0.05 (As of Dec. 2023)

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What is Bright Horizons Family Solutions 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. Bright Horizons Family Solutions's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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, Bright Horizons Family Solutions couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BFAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.22
Current: 0.05

During the past 13 years, Bright Horizons Family Solutions's highest Cash to Debt Ratio was 0.22. The lowest was 0.01. And the median was 0.03.

BFAM's Cash-to-Debt is ranked worse than
90.29% of 103 companies
in the Personal Services industry
Industry Median: 0.56 vs BFAM: 0.05

Bright Horizons Family Solutions Cash-to-Debt Historical Data

The historical data trend for Bright Horizons Family Solutions'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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Bright Horizons Family Solutions Cash-to-Debt Chart

Bright Horizons Family Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.22

0.16

0.03

0.05

Bright Horizons Family Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.02	0.04	0.02	0.05

Competitive Comparison of Bright Horizons Family Solutions's Cash-to-Debt

For the Personal Services subindustry, Bright Horizons Family Solutions'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.

Bright Horizons Family Solutions's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Bright Horizons Family Solutions's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bright Horizons Family Solutions's Cash-to-Debt falls into.

Bright Horizons Family Solutions 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.

Bright Horizons Family Solutions's Cash to Debt Ratio for the fiscal year 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)
	=	93.573	/	(118.887	+	1740.965)
	=	0.05

Bright Horizons Family Solutions'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)
	=	93.573	/	(118.887	+	1740.965)
	=	0.05

Bright Horizons Family Solutions (NYSE:BFAM) 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.

Bright Horizons Family Solutions Cash-to-Debt Related Terms

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

Bright Horizons Family Solutions (Bright Horizons Family Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Bright Horizons Family Solutions Inc (NYSE:BFAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BHA:Germany

Address

2 Wells Avenue, Newton, MA, USA, 02459

Website

https://www.brighthorizons.com

Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Executives

Mary Ann Tocio	director, officer: President and COO	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Lightfoot Sara Lawrence	director
Mary Lou Burke	officer: COO North America Center Ops	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02048
Lawrence M Alleva	director	1000 WINTER STREET, SUITE 3300, WALTHAM MA 02451
Stephen Howard Kramer	officer: Chief Development Officer	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Rosamund Marshall	officer: Managing Director - Intl.	2 WELLS AVENUE, NEWTON MA 02459
Elizabeth J Boland	officer: Chief Financial Officer	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
John Guy Casagrande	officer: General Counsel and Secretary	C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Jason Janoff	officer: Chief Accounting Officer	2 WELLS AVENUE, NEWTON MA 02459
Maribeth Nash Bearfield	officer: Chief Human Resources Officer	2 WELLS AVENUE, NEWTON MA 02459
David H Lissy	director, officer: Chief Executive Officer	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Marguerite Sallee	director	C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Julie Atkinson	director	C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Stephen I Dreier	officer: See Remarks	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Linda A Mason	director	BRIGHT HORIZONS INC, ONE KENDALL SQ BLDG 200, CAMBRIDGE MA 02139