Bellevue Healthcare Trust (LSE:BBH) Cash-to-Debt : 3.50 (As of Nov. 2023)

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What is Bellevue Healthcare Trust 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. Bellevue Healthcare Trust's cash to debt ratio for the quarter that ended in Nov. 2023 was 3.50.

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, Bellevue Healthcare Trust could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

LSE:BBH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.55 Max: No Debt
Current: 3.5

During the past 7 years, Bellevue Healthcare Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.55.

LSE:BBH's Cash-to-Debt is ranked worse than
53.02% of 1456 companies
in the Asset Management industry
Industry Median: 5.605 vs LSE:BBH: 3.50

Bellevue Healthcare Trust Cash-to-Debt Historical Data

The historical data trend for Bellevue Healthcare Trust'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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Bellevue Healthcare Trust Cash-to-Debt Chart

Bellevue Healthcare Trust Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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1.02

No Debt

0.41

0.55

3.50

Bellevue Healthcare Trust Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial								0.41	0.13	0.55	0.88	3.50

Competitive Comparison of Bellevue Healthcare Trust's Cash-to-Debt

For the Asset Management subindustry, Bellevue Healthcare Trust'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.

Bellevue Healthcare Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bellevue Healthcare Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bellevue Healthcare Trust's Cash-to-Debt falls into.

Bellevue Healthcare Trust 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.

Bellevue Healthcare Trust's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 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)
	=	110.954	/	(0	+	31.696)
	=	3.50

Bellevue Healthcare Trust's Cash to Debt Ratio for the quarter that ended in Nov. 2023 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)
	=	110.954	/	(0	+	31.696)
	=	3.50

Bellevue Healthcare Trust (LSE:BBH) 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.

Bellevue Healthcare Trust Cash-to-Debt Related Terms

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

Bellevue Healthcare Trust (LSE:BBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bellevue Healthcare Trust PLC (LSE:BBH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BBHl:UK

Address

125 London Wall, Barbican, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.bellevuehealthcaretrust.com/uk-en/priv

Bellevue Healthcare Trust PLC is a closed-ended investment company. The investment objective of the company is to provide shareholders with capital growth and income over the long term, through investment in listed or quoted healthcare companies. The Company may also invest in ADRs or convertible instruments issued by such companies and may invest in, or underwrite, future equity issues by such companies. The company has a geographical presence in Europe, Asia, the United States, and Others.

Bellevue Healthcare Trust (LSE:BBH) Headlines

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