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Berkshire Hathaway (XBUL:BRYN) Cash-to-Debt : 0.30 (As of Sep. 2024)


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What is Berkshire Hathaway 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. Berkshire Hathaway's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.30.

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, Berkshire Hathaway couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

XBUL:BRYN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22   Med: 0.41   Max: 0.93
Current: 0.3

During the past 13 years, Berkshire Hathaway's highest Cash to Debt Ratio was 0.93. The lowest was 0.22. And the median was 0.41.

XBUL:BRYN's Cash-to-Debt is ranked worse than
86.93% of 482 companies
in the Insurance industry
Industry Median: 1.735 vs XBUL:BRYN: 0.30

Berkshire Hathaway Cash-to-Debt Historical Data

The historical data trend for Berkshire Hathaway'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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Berkshire Hathaway Cash-to-Debt Chart

Berkshire Hathaway Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.41 0.77 0.29 0.30

Berkshire Hathaway Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.30 0.29 0.34 0.30

Competitive Comparison of Berkshire Hathaway's Cash-to-Debt

For the Insurance - Diversified subindustry, Berkshire Hathaway'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.

Berkshire Hathaway's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Berkshire Hathaway's Cash-to-Debt distribution charts can be found below:

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


Berkshire Hathaway 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.

Berkshire Hathaway's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
=70771.755 / (9930.233 + 228825.325)
=0.30

Berkshire Hathaway's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=69206.371 / (3767.346 + 227982.14)
=0.30

* 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.

Berkshire Hathaway  (XBUL:BRYN) 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.

Berkshire Hathaway Cash-to-Debt Related Terms

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

Berkshire Hathaway Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Berkshire Hathaway Inc (XBUL:BRYN) » Definitions » Cash-to-Debt
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Traded in Other Exchanges
BRK.B:USA BRK.A:USA BRK_B:Peru BRKB:Mexico 1BRK:Italy BRYNd:UK BRHF:Germany BRYN:Germany BRYN:Germany BRYN:Germany BRYN:Germany BRK:Canada BERK34:Brazil BRKB:Austria BRKB:Argentina
Address
3555 Farnam Street, Omaha, NE, USA, 68131
Website
https://www.berkshirehathaway.com
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.