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BAE Systems (CHIX:BAL) Cash-to-Debt : 0.28 (As of Jun. 2024)


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What is BAE Systems 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. BAE Systems's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.28.

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, BAE Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

CHIX:BAl' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28   Med: 0.5   Max: 0.8
Current: 0.28

During the past 13 years, BAE Systems's highest Cash to Debt Ratio was 0.80. The lowest was 0.28. And the median was 0.50.

CHIX:BAl's Cash-to-Debt is ranked worse than
64.17% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.58 vs CHIX:BAl: 0.28

BAE Systems Cash-to-Debt Historical Data

The historical data trend for BAE Systems'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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BAE Systems Cash-to-Debt Chart

BAE Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.40 0.45 0.45 0.62

BAE Systems Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.45 0.52 0.62 0.28

Competitive Comparison of BAE Systems's Cash-to-Debt

For the Aerospace & Defense subindustry, BAE Systems'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.


BAE Systems's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, BAE Systems's Cash-to-Debt distribution charts can be found below:

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



BAE Systems 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.

BAE Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

BAE Systems's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

* 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.


BAE Systems  (CHIX:BAl) 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.


BAE Systems Cash-to-Debt Related Terms

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BAE Systems Business Description

Address
6 Carlton Gardens, Stirling Square, London, GBR, SW1Y 5AD
BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the US Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's US- and UK-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the US government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the US Defense Department; the air segment includes BAE's share of US and European air programs as well as its businesses in Saudi Arabia and Australia; and the maritime segment comprises UK land- and marine-based activities.

BAE Systems Headlines