Barington/Hilco Acquisition (Barington/Hilco Acquisition) Cash-to-Debt : 0.27 (As of Mar. 2018)

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What is Barington/Hilco Acquisition 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. Barington/Hilco Acquisition's cash to debt ratio for the quarter that ended in Mar. 2018 was 0.27.

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, Barington/Hilco Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2018.

The historical rank and industry rank for Barington/Hilco Acquisition's Cash-to-Debt or its related term are showing as below:

BHAC's Cash-to-Debt is not ranked ^*
in the Conglomerates industry.
Industry Median: 0.485
* Ranked among companies with meaningful Cash-to-Debt only.

Barington/Hilco Acquisition Cash-to-Debt Historical Data

The historical data trend for Barington/Hilco Acquisition'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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Barington/Hilco Acquisition Cash-to-Debt Chart

Barington/Hilco Acquisition Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

No Debt

0.10

0.01

Barington/Hilco Acquisition Quarterly Data
	Oct14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Cash-to-Debt	Get a 7-Day Free Trial									N/A	No Debt	No Debt	0.01	0.27

Competitive Comparison of Barington/Hilco Acquisition's Cash-to-Debt

For the Conglomerates subindustry, Barington/Hilco Acquisition'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.

Barington/Hilco Acquisition's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Barington/Hilco Acquisition's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Barington/Hilco Acquisition's Cash-to-Debt falls into.

Barington/Hilco Acquisition 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.

Barington/Hilco Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
	=	0.003	/	(0.485	+	0)
	=	0.01

Barington/Hilco Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2018 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)
	=	0.129	/	(0.485	+	0)
	=	0.27

Barington/Hilco Acquisition (OTCPK:BHAC) 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.

Barington/Hilco Acquisition Cash-to-Debt Related Terms

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Barington/Hilco Acquisition (Barington/Hilco Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Barington/Hilco Acquisition Corp (OTCPK:BHAC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.hilcoglobal.com

Barington/Hilco Acquisition Corp is a blank check company.

Executives

James A Mitarotonda	director, 10 percent owner	888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Robert L Mettler	director	17612 EL VUELO, RANCHO SANTA FE CA 92067
Jeffrey D Nuechterlein	director, officer: Chairman of the Board	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Frank R Mori	director
Barington Companies Advisors, Llc	10 percent owner	C/O BARINGTON CAPITAL GROUP, L.P., 888 SEVENTH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Hilco Trading, Llc	10 percent owner	5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
Jeffrey Bruce Hecktman	director, 10 percent owner	5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
North Pole Capital Master Fund	10 percent owner	C/O POLAR ASSET MANAGEMENT PARTNERS INC., 401 BAY ST., SUITE 1900, PO BOX 19, TORONTO A6 M5H 2Y4

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