Bic (BICEY) Cash-to-Debt : 1.38 (As of Dec. 2024)

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What is Bic 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. Bic's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.38.

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

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

BICEY' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.38 Med: 3.33 Max: 44.79
Current: 1.38

During the past 13 years, Bic's highest Cash to Debt Ratio was 44.79. The lowest was 1.38. And the median was 3.33.

BICEY's Cash-to-Debt is ranked better than
65.81% of 1863 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs BICEY: 1.38

Bic Cash-to-Debt Historical Data

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

Bic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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2.25

4.69

3.54

3.06

1.38

Bic Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															3.54	1.68	3.06	2.09	1.38

Competitive Comparison of Bic's Cash-to-Debt

For the Household & Personal Products subindustry, Bic'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.

Bic's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's Cash-to-Debt distribution charts can be found below:

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

Bic 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.

Bic's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	484.084	/	(175.288	+	175.393)
	=	1.38

Bic's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	484.084	/	(175.288	+	175.393)
	=	1.38

Bic (OTCPK:BICEY) 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.

Bic Cash-to-Debt Related Terms

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Bic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bic (OTCPK:BICEY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BICEF:USA BBp:UK 0MGP:UK BB:France BIF:Germany

Address

12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110

Website

https://www.bic.com

Bic SA Bic SA manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash and carry stores and e-commerce. Its products include BIC 3 BIC Comfort 3 BIC EasyHybrid 3blade BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. By net sales, the majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa Latin America, and Asia.