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Bemax (BMXC) Cash-to-Debt : 0.20 (As of May. 2017)


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What is Bemax 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. Bemax's cash to debt ratio for the quarter that ended in May. 2017 was 0.20.

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, Bemax couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2017.

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

BMXC's Cash-to-Debt is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.54
* Ranked among companies with meaningful Cash-to-Debt only.

Bemax Cash-to-Debt Historical Data

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

Bemax Annual Data
Trend May14 May15 May16 May17
Cash-to-Debt
No Debt No Debt 1.57 0.20

Bemax Semi-Annual Data
May14 May15 May16 May17
Cash-to-Debt No Debt No Debt 1.57 0.20

Competitive Comparison of Bemax's Cash-to-Debt

For the Household & Personal Products subindustry, Bemax'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.

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

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

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


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Bemax 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.

Bemax's Cash to Debt Ratio for the fiscal year that ended in May. 2017 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)
=0.039 / (0.192 + 0)
=0.20

Bemax's Cash to Debt Ratio for the quarter that ended in May. 2017 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)
=0.039 / (0.192 + 0)
=0.20

* 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.

Bemax  (OTCPK:BMXC) 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.

Bemax Cash-to-Debt Related Terms

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Bemax Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bemax Inc (OTCPK:BMXC) » Definitions » Cash-to-Debt
Comparable Companies
TANH SNBH SKVI PG XPAR:OR LSE:ULVR CL BOM:500696 KMB LSE:RKT KVUE XTER:HEN3 XTER:BEI CHD EL TSE:4452 OSTO:ESSITY B CLX TSE:8113 BOM:532424
Traded in Other Exchanges
N/A
Address
625 Silver Oak Drive, Dallas, GA, USA, 30132
Website
https://www.bemaxinc.com
Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.
Executives
Taiwo Aimasiko director, officer: CEO 625 SILVER OAK DRIVE, DALLAS GA 30132