Franklin BSP Capital (Franklin BSP Capital) Cash-to-Debt : 0.06 (As of Mar. 2024)

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What is Franklin BSP Capital 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. Franklin BSP Capital's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.06.

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, Franklin BSP Capital couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRBP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.06 Max: 0.06
Current: 0.06

During the past 0 years, Franklin BSP Capital's highest Cash to Debt Ratio was 0.06. The lowest was 0.06. And the median was 0.06.

FRBP's Cash-to-Debt is ranked worse than
88.54% of 1449 companies
in the Asset Management industry
Industry Median: 6.06 vs FRBP: 0.06

Franklin BSP Capital Cash-to-Debt Historical Data

The historical data trend for Franklin BSP Capital'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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Franklin BSP Capital Cash-to-Debt Chart

Franklin BSP Capital Annual Data

Trend

Cash-to-Debt

Franklin BSP Capital Quarterly Data
	Mar23	Mar24
Cash-to-Debt	N/A	0.06

Competitive Comparison of Franklin BSP Capital's Cash-to-Debt

For the Asset Management subindustry, Franklin BSP Capital'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.

Franklin BSP Capital's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin BSP Capital's Cash-to-Debt distribution charts can be found below:

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

Franklin BSP Capital Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Franklin BSP Capital's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Franklin BSP Capital's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	96.447	/	(0	+	1510.004)
	=	0.06

Franklin BSP Capital (OTCPK:FRBP) 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.

Franklin BSP Capital Cash-to-Debt Related Terms

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

Franklin BSP Capital (Franklin BSP Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin BSP Capital Corp (OTCPK:FRBP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

Franklin BSP Capital Corp is a an externally managed closed-end management investment company whose investment objective is to generate both current income capital and capital appreciation through debt and equity investments. The Company invests in first and second lien senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle market companies.

Franklin BSP Capital (Franklin BSP Capital) Headlines

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