Blue Label Telecoms (JSE:BLU) Cash-to-Debt : 0.28 (As of Nov. 2023)

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What is Blue Label Telecoms 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. Blue Label Telecoms's cash to debt ratio for the quarter that ended in Nov. 2023 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, Blue Label Telecoms couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

JSE:BLU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 1.29 Max: 243.14
Current: 0.28

During the past 13 years, Blue Label Telecoms's highest Cash to Debt Ratio was 243.14. The lowest was 0.26. And the median was 1.29.

JSE:BLU's Cash-to-Debt is ranked worse than
56.2% of 379 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs JSE:BLU: 0.28

Blue Label Telecoms Cash-to-Debt Historical Data

The historical data trend for Blue Label Telecoms'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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Blue Label Telecoms Cash-to-Debt Chart

Blue Label Telecoms Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

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0.51

0.87

1.44

1.05

0.34

Blue Label Telecoms Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															1.45	1.05	0.48	0.34	0.28

Competitive Comparison of Blue Label Telecoms's Cash-to-Debt

For the Telecom Services subindustry, Blue Label Telecoms'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.

Blue Label Telecoms's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Blue Label Telecoms's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Blue Label Telecoms's Cash-to-Debt falls into.

Blue Label Telecoms 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.

Blue Label Telecoms's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	1376.712	/	(2239.597	+	1866.227)
	=	0.34

Blue Label Telecoms's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	1134.126	/	(3691.383	+	409.829)
	=	0.28

Blue Label Telecoms (JSE:BLU) 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.

Blue Label Telecoms Cash-to-Debt Related Terms

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Blue Label Telecoms (JSE:BLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Blue Label Telecoms Ltd (JSE:BLU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Grayston Drive, Corner Benmore Road, Morningside Extension 5, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.bluelabeltelecoms.co.za

Blue Label Telecoms Ltd is a technology company. It derives revenue from the distribution of airtime and mobile transaction services. It operates through four segments: African Distribution, International, Solutions and Corporate. African distribution includes the distribution of physical and virtual prepaid airtime and electricity of the South African telecommunication and utilities companies. International includes the distribution of physical and virtual prepaid airtime in India and Mexico and payment solutions in India. Solutions include the provision of a mobile transactional platform and the marketing of mobile and financial products. The company generates the vast majority of its revenue in South Africa.