GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Beard Energy Transition Acquisition Corp (NYSE:BRD) » Definitions » Cash-to-Debt

Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) Cash-to-Debt : 0.50 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Beard Energy Transition Acquisition 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. Beard Energy Transition Acquisition's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.50.

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, Beard Energy Transition Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

BRD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14   Med: No Debt   Max: No Debt
Current: 0.5

During the past 2 years, Beard Energy Transition Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was No Debt.

BRD's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.98 vs BRD: 0.50

Beard Energy Transition Acquisition Cash-to-Debt Historical Data

The historical data trend for Beard Energy Transition Acquisition'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.

* Premium members only.

Beard Energy Transition Acquisition Cash-to-Debt Chart

Beard Energy Transition Acquisition Annual Data
Trend Dec21 Dec22
Cash-to-Debt
No Debt No Debt

Beard Energy Transition Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt 2.29 0.50

Competitive Comparison of Beard Energy Transition Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Beard Energy Transition Acquisition'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.

Beard Energy Transition Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Beard Energy Transition Acquisition's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beard Energy Transition Acquisition's Cash-to-Debt falls into.


Beard Energy Transition Acquisition 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.

Beard Energy Transition Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Beard Energy Transition Acquisition had no debt (1).

Beard Energy Transition Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.317 / (0.64 + 0)
=0.50

* 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.

Beard Energy Transition Acquisition  (NYSE:BRD) 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.

Beard Energy Transition Acquisition Cash-to-Debt Related Terms

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

Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Beard Energy Transition Acquisition Corp (NYSE:BRD) » Definitions » Cash-to-Debt
Comparable Companies
SAMA FLFV FRXB TWLV ALSA CNDB RMGC LCA PLMI FDOC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
595 Madison Avenue, 29th Floor, New York, NY, USA, 10022
Website
https://www.beardacq.com
Beard Energy Transition Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Yoav Lurie director 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Robert C Reeves director 1001 LOUISIANA STREET, HOUSTON TX 77002
Gregory A Beard director, 10 percent owner, officer: See Remarks C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Charles Cherington director ONE BOW STREET, CAMBRIDGE MA 02138
Sarah James officer: See Remarks PO BOX 500 71 FORT STREET, GRAND CAYMAN E9 KY11106
Beard Energy Transition Acquisition Sponsor Llc 10 percent owner 601 LEXINGTON AVENUE, 20TH FLOOR #1001, NEW YORK NY 10022