Bloomsbury Publishing (LSE:BMY) Cash-to-Debt : 3.99 (As of Aug. 2023)

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What is Bloomsbury Publishing 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. Bloomsbury Publishing's cash to debt ratio for the quarter that ended in Aug. 2023 was 3.99.

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, Bloomsbury Publishing could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

LSE:BMY' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.35 Med: 4.46 Max: No Debt
Current: 3.99

During the past 13 years, Bloomsbury Publishing's highest Cash to Debt Ratio was No Debt. The lowest was 1.35. And the median was 4.46.

LSE:BMY's Cash-to-Debt is ranked better than
65.48% of 1037 companies
in the Media - Diversified industry
Industry Median: 1.26 vs LSE:BMY: 3.99

Bloomsbury Publishing Cash-to-Debt Historical Data

The historical data trend for Bloomsbury Publishing'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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Bloomsbury Publishing Cash-to-Debt Chart

Bloomsbury Publishing Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

2.16

4.21

3.37

4.84

Bloomsbury Publishing Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															3.53	3.37	3.58	4.84	3.99

Competitive Comparison of Bloomsbury Publishing's Cash-to-Debt

For the Publishing subindustry, Bloomsbury Publishing'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.

Bloomsbury Publishing's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bloomsbury Publishing's Cash-to-Debt distribution charts can be found below:

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

Bloomsbury Publishing 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.

Bloomsbury Publishing's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	51.54	/	(2.082	+	8.57)
	=	4.84

Bloomsbury Publishing's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	39.109	/	(2.373	+	7.434)
	=	3.99

Bloomsbury Publishing (LSE:BMY) 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.

Bloomsbury Publishing Cash-to-Debt Related Terms

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Bloomsbury Publishing (LSE:BMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bloomsbury Publishing PLC (LSE:BMY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BMYl:UK BMY.GB:UK 5JZ:Germany

Address

50 Bedford Square, London, GBR, WC1B 3DP

Website

https://www.bloomsbury.com

Bloomsbury Publishing PLC is a publisher of books and other media for general readers, children, students, researchers, and professionals. It offers authors access to these multiple markets in multiple formats throughout the world in print, through e-books, digital downloads, and apps in schools, libraries, universities, and in terrestrial and internet bookshops. The company divisions are Consumer and Non-Consumer. Consumer division is split out into Children's Trade and Adult Trade; and Non-Consumer split between Academic and Professional, Education, Special Interest, and Content Services. It derives maximum revenue from the Consumer division segment. The company operates in the UK, North America, and other countries.