Brand Engagement Network (Brand Engagement Network) Cash-to-Debt : 1.21 (As of Dec. 2023)

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What is Brand Engagement Network 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. Brand Engagement Network's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.21.

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, Brand Engagement Network could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BNAI' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.21 Med: 5000.61 Max: No Debt
Current: 1.21

During the past 3 years, Brand Engagement Network's highest Cash to Debt Ratio was No Debt. The lowest was 1.21. And the median was 5000.61.

BNAI's Cash-to-Debt is ranked worse than
62.6% of 2805 companies
in the Software industry
Industry Median: 2.57 vs BNAI: 1.21

Brand Engagement Network Cash-to-Debt Historical Data

The historical data trend for Brand Engagement Network'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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Brand Engagement Network Cash-to-Debt Chart

Brand Engagement Network Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

No Debt

1.21

Brand Engagement Network Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	N/A	N/A	No Debt	0.19	1.21

Competitive Comparison of Brand Engagement Network's Cash-to-Debt

For the Software - Infrastructure subindustry, Brand Engagement Network'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.

Brand Engagement Network's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Brand Engagement Network's Cash-to-Debt distribution charts can be found below:

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

Brand Engagement Network 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.

Brand Engagement Network's Cash to Debt Ratio for the fiscal year 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)
	=	1.685	/	(0.223	+	1.169)
	=	1.21

Brand Engagement Network'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)
	=	1.685	/	(0.223	+	1.169)
	=	1.21

Brand Engagement Network (NAS:BNAI) 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.

Brand Engagement Network Cash-to-Debt Related Terms

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

Brand Engagement Network (Brand Engagement Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Brand Engagement Network Inc (NAS:BNAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 E. Snow King Avenue, PO Box 1045, Jackson, WY, USA, 83001

Website

https://www.beninc.ai

Brand Engagement Network Inc is an innovative AI platform provider, designed to interface with emerging technologies, including blockchain, the internet of Things, and cloud computing, that drive digital transformation across various industries and provide businesses with an unparalleled competitive edge. BEN offers a suite of configured and customizable applications, including natural language processing, anomaly detection, encryption, recommendation engines, sentiment analysis, image recognition, personalization, and real-time decision-making.

Brand Engagement Network (Brand Engagement Network) Headlines

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