BICMF (BIC Camera) Cash-to-Debt : 0.61 (As of May. 2024)

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What is BIC Camera 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 Camera's cash to debt ratio for the quarter that ended in May. 2024 was 0.61.

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, BIC Camera couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2024.

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

BICMF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.27 Max: 0.78
Current: 0.61

During the past 13 years, BIC Camera's highest Cash to Debt Ratio was 0.78. The lowest was 0.20. And the median was 0.27.

BICMF's Cash-to-Debt is ranked better than
56.54% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 0.43 vs BICMF: 0.61

BIC Camera Cash-to-Debt Historical Data

The historical data trend for BIC Camera'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 Camera Cash-to-Debt Chart

BIC Camera Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.28

0.78

0.72

0.68

0.61

BIC Camera Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Cash-to-Debt	Get a 7-Day Free Trial															0.55	0.61	0.50	0.54	0.61

Competitive Comparison of BIC Camera's Cash-to-Debt

For the Specialty Retail subindustry, BIC Camera'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 Camera's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BIC Camera's Cash-to-Debt distribution charts can be found below:

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

BIC Camera 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 Camera's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	518.958	/	(682.772	+	170.686)
	=	0.61

BIC Camera's Cash to Debt Ratio for the quarter that ended in May. 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)
	=	507.477	/	(664.91	+	164.888)
	=	0.61

BIC Camera (OTCPK:BICMF) 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 Camera Cash-to-Debt Related Terms

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

BIC Camera Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » BIC Camera Inc (OTCPK:BICMF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

3048:Japan

Address

3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033

Website

http://www.biccamera.co.jp

BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.

BIC Camera Headlines

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