Bolsa Mexicana de ValoresB de CV (FRA:BC51) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Bolsa Mexicana de ValoresB de CV 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. Bolsa Mexicana de ValoresB de CV's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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, Bolsa Mexicana de ValoresB de CV could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Bolsa Mexicana de ValoresB de CV's Cash-to-Debt or its related term are showing as below:

FRA:BC51' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.56 Med: 14.65 Max: No Debt
Current: 16.64

During the past 13 years, Bolsa Mexicana de ValoresB de CV's highest Cash to Debt Ratio was No Debt. The lowest was 2.56. And the median was 14.65.

FRA:BC51's Cash-to-Debt is ranked better than
70.54% of 774 companies
in the Capital Markets industry
Industry Median: 1.975 vs FRA:BC51: 16.64

Bolsa Mexicana de ValoresB de CV Cash-to-Debt Historical Data

The historical data trend for Bolsa Mexicana de ValoresB de CV'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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Bolsa Mexicana de ValoresB de CV Cash-to-Debt Chart

Bolsa Mexicana de ValoresB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

15.06

15.46

14.23

19.57

Bolsa Mexicana de ValoresB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	17.70	19.57	No Debt	No Debt

Competitive Comparison of Bolsa Mexicana de ValoresB de CV's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, Bolsa Mexicana de ValoresB de CV'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.

Bolsa Mexicana de ValoresB de CV's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa Mexicana de ValoresB de CV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bolsa Mexicana de ValoresB de CV's Cash-to-Debt falls into.

Bolsa Mexicana de ValoresB de CV 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.

Bolsa Mexicana de ValoresB de CV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	189.942	/	(5.049	+	4.658)
	=	19.57

Bolsa Mexicana de ValoresB de CV's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Bolsa Mexicana de ValoresB de CV had no debt ⁽¹⁾.

Bolsa Mexicana de ValoresB de CV (FRA:BC51) 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.

Bolsa Mexicana de ValoresB de CV Cash-to-Debt Related Terms

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

Bolsa Mexicana de ValoresB de CV (FRA:BC51) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bolsa Mexicana de Valores SAB de CV (FRA:BC51) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BOMXF:USA BOLSAA:Mexico

Address

Avenida Paseo de la Reforma 255, Colonia Cuauhtemoc, Mexico, DF, MEX, 06500

Website

https://www.bmv.com.mx

Bolsa Mexicana de Valores SAB de CV or Grupo BMV is a public securities exchange operating in Mexico but with listings from both Mexican and foreign issuers. Its services include trading, listing, custody, clearing, and settlement, as well as counterparty services and data sales. The company's largest sources of revenue include cash equities, derivatives, over-the-counter activity, issuers, custody, and information services. Much of the company's revenue is driven by trading volume. The company's largest costs are personnel and technology-related. As with most exchanges, Grupo BMV heavily relies on technology to deliver its services.

Bolsa Mexicana de ValoresB de CV (FRA:BC51) Headlines

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Bolsa Mexicana de ValoresB de CV (FRA:BC51) Cash-to-Debt : No Debt (1) (As of Jun. 2023)