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BSEAF (Braemar) Cash Ratio : 0.52 (As of Aug. 2024)


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What is Braemar Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Braemar's Cash Ratio for the quarter that ended in Aug. 2024 was 0.52.

Braemar has a Cash Ratio of 0.52. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Braemar's Cash Ratio or its related term are showing as below:

BSEAF' s Cash Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.23   Max: 0.57
Current: 0.52

During the past 13 years, Braemar's highest Cash Ratio was 0.57. The lowest was 0.06. And the median was 0.23.

BSEAF's Cash Ratio is ranked better than
50.58% of 955 companies
in the Transportation industry
Industry Median: 0.51 vs BSEAF: 0.52

Braemar Cash Ratio Historical Data

The historical data trend for Braemar's Cash Ratio 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.

* Premium members only.

Braemar Cash Ratio Chart

Braemar Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.26 0.32 0.53 0.57

Braemar Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.53 0.55 0.57 0.52

Competitive Comparison of Braemar's Cash Ratio

For the Marine Shipping subindustry, Braemar's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Braemar's Cash Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Braemar's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Braemar's Cash Ratio falls into.



Braemar Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Braemar's Cash Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Cash Ratio (A: Feb. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=35.292/62.024
=0.57

Braemar's Cash Ratio for the quarter that ended in Aug. 2024 is calculated as:

Cash Ratio (Q: Aug. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=33.722/64.593
=0.52

* 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.


Braemar  (OTCPK:BSEAF) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Braemar Cash Ratio Related Terms

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Braemar Business Description

Traded in Other Exchanges
Address
Trafalgar Square, One Strand, London, GBR, WC2N 5HR
Braemar PLC provides advice in investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in shipping and energy industry. The company's operating segment are, Chartering, Investment Advisory and Risk Advisory. The majority of the revenue for the company is generated from its Chartering business segment under which it provides cost-saving solutions that create and protect the deals for their clients. Geographically, the company has its presence in United Kingdom, Singapore, Australia, Switzerland, United States, Germany and Rest of the world. A substantial part of its overall revenue is generated from its business in United Kingdom.

Braemar Headlines