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Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) Cash-to-Debt : No Debt (1) (As of Jun. 2016)


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What is Big Bank Big Oil Split 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. Big Bank Big Oil Split's cash to debt ratio for the quarter that ended in Jun. 2016 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, Big Bank Big Oil Split could pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

(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 Big Bank Big Oil Split's Cash-to-Debt or its related term are showing as below:

TSX:BBO.PR.A.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: N/A   Med: No Debt   Max: No Debt
Current: No Debt

During the past 8 years, Big Bank Big Oil Split's highest Cash to Debt Ratio was No Debt. The lowest was N/A. And the median was No Debt.

TSX:BBO.PR.A.PFD's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.66 vs TSX:BBO.PR.A.PFD: No Debt

Big Bank Big Oil Split Cash-to-Debt Historical Data

The historical data trend for Big Bank Big Oil Split'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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Big Bank Big Oil Split Cash-to-Debt Chart

Big Bank Big Oil Split Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec12 Dec13 Dec14 Dec15
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Big Bank Big Oil Split Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Dec10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Big Bank Big Oil Split's Cash-to-Debt

For the Asset Management subindustry, Big Bank Big Oil Split'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.


Big Bank Big Oil Split's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Big Bank Big Oil Split's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Big Bank Big Oil Split's Cash-to-Debt falls into.



Big Bank Big Oil Split 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.

Big Bank Big Oil Split's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Big Bank Big Oil Split had no debt (1).

Big Bank Big Oil Split's Cash to Debt Ratio for the quarter that ended in Jun. 2016 is calculated as:

Big Bank Big Oil Split had no debt (1).

* 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.


Big Bank Big Oil Split  (TSX:BBO.PR.A.PFD) 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.


Big Bank Big Oil Split Cash-to-Debt Related Terms

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Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Big Bank Big Oil Split Corp. is a mutual fund corporation. The manager of the Company is Claymore Investments, Inc. The Company has been created to provide a diversified investment in big Canadian banks and oil and gas companies.

Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) Headlines

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