Beazer Homes USA (Beazer Homes USA) Cash-to-Debt : 0.11 (As of Dec. 2023)

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What is Beazer Homes USA 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. Beazer Homes USA's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.11.

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, Beazer Homes USA 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 Beazer Homes USA's Cash-to-Debt or its related term are showing as below:

BZH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 0.35
Current: 0.11

During the past 13 years, Beazer Homes USA's highest Cash to Debt Ratio was 0.35. The lowest was 0.03. And the median was 0.13.

BZH's Cash-to-Debt is ranked worse than
83.18% of 107 companies
in the Homebuilding & Construction industry
Industry Median: 0.51 vs BZH: 0.11

Beazer Homes USA Cash-to-Debt Historical Data

The historical data trend for Beazer Homes USA'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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Beazer Homes USA Cash-to-Debt Chart

Beazer Homes USA Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

0.09

0.29

0.23

0.22

0.35

Beazer Homes USA 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															0.12	0.24	0.28	0.35	0.11

Competitive Comparison of Beazer Homes USA's Cash-to-Debt

For the Residential Construction subindustry, Beazer Homes USA'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.

Beazer Homes USA's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Beazer Homes USA's Cash-to-Debt distribution charts can be found below:

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

Beazer Homes USA 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.

Beazer Homes USA'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)
	=	345.59	/	(0	+	996.997)
	=	0.35

Beazer Homes USA'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)
	=	104.226	/	(0	+	992.935)
	=	0.10

Beazer Homes USA (NYSE:BZH) 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.

Beazer Homes USA Cash-to-Debt Related Terms

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

Beazer Homes USA (Beazer Homes USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Beazer Homes USA Inc (NYSE:BZH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BE4A:Germany

Address

2002 Summit Boulevard NE, 15th Floor, Atlanta, GA, USA, 30319

Website

https://www.beazer.com

Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.

Executives

Lloyd Emerson Johnson	director	16737 NEW PROVIDENCE LANE, CHARLOTTE NC 28277
Robert L. Salomon	officer: EVP, Chief Financial Officer	5535 LEXINGTON WOODS LANE, ALPHARETTA GA 30005
Pei Sun	officer: VP & Chief Accounting Officer	1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
C Christian Winkle	director	ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
David I Goldberg	officer: SVP, Chief Financial Officer	1000 ABERNATHY ROAD, NE, SUITE 260, ATLANTA GA 30328
Zelnak Stephen P Jr	director	MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David J Spitz	director	C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27568
Allan P Merrill	director, officer: President and CEO	BEAZER HOMES, 1000 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Danny R Shepherd	director	VULCAN MATERIALS COMPANY, 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Belknap Keith L Jr	officer: EVP, General Counsel	3585 ENGINEERING DRIVE, SUITE 100, NORCROSS GA 30092
Larry T Solari	director
Brian C Beazer	director	C/O NUMEREX, 1600 PARKWOOD CIRCLE #200, ATLANTA GA 30339-2119
Peter M Orser	director	1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
Elizabeth S Acton	director	5408 WALDENHILL COURT, SUPERIOR TOWNSHIP MI 48198
Laurent Alpert	director