Bradespar (BSP:BRAP3) Cash-to-Debt : 428.93 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Bradespar 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. Bradespar's cash to debt ratio for the quarter that ended in Dec. 2023 was 428.93.

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, Bradespar could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BSP:BRAP3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 1.58 Max: 428.93
Current: 428.93

During the past 13 years, Bradespar's highest Cash to Debt Ratio was 428.93. The lowest was 0.27. And the median was 1.58.

BSP:BRAP3's Cash-to-Debt is ranked better than
62.85% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs BSP:BRAP3: 428.93

Bradespar Cash-to-Debt Historical Data

The historical data trend for Bradespar'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.

* Premium members only.

Bradespar Cash-to-Debt Chart

Bradespar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.90

70.14

274.40

370.54

428.93

Bradespar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															370.54	729.62	423.77	848.34	428.93

Competitive Comparison of Bradespar's Cash-to-Debt

For the Asset Management subindustry, Bradespar'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.

Bradespar's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Bradespar 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.

Bradespar'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)
	=	246.204	/	(0	+	0.574)
	=	428.93

Bradespar's Cash to Debt Ratio for the quarter 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)
	=	246.204	/	(0	+	0.574)
	=	428.93

Bradespar (BSP:BRAP3) 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.

Bradespar Cash-to-Debt Related Terms

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

Bradespar (BSP:BRAP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bradespar SA (BSP:BRAP3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

XBRPP:Spain XBRPO:Spain FXMA:Germany BRAP4:Brazil

Address

Avenue Paulista 1450 - 9th floor, Cerqueira Cesar, Sao paulo, SP, BRA, 1310917

Website

https://www.bradespar.com.br

Bradespar is a Brazil-based holding company whose corporate purpose and single business segment is to hold equity interest as a partner or shareholder in other companies. Its holding companies include Millennium Security Holdings, which does business in the British Virgin Islands; and Vale S.A., which produces iron ore, raw materials for the steel and nickel industries, and metals. The company's operating income originates from equity accounting, dividends, and interest on equity received from Vale and interest from redeemable shares received.

Bradespar (BSP:BRAP3) Headlines

No Headlines