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Bridgetown Holdings (Bridgetown Holdings) Cash-to-Debt : 0.11 (As of Jun. 2023)


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What is Bridgetown Holdings 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. Bridgetown Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.11.

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, Bridgetown Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

BTWN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.3   Max: 5
Current: 0.11

During the past 3 years, Bridgetown Holdings's highest Cash to Debt Ratio was 5.00. The lowest was 0.02. And the median was 0.30.

BTWN's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.43 vs BTWN: 0.11

Bridgetown Holdings Cash-to-Debt Historical Data

The historical data trend for Bridgetown Holdings'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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Bridgetown Holdings Cash-to-Debt Chart

Bridgetown Holdings Annual Data
Trend Dec20 Dec21 Dec22
Cash-to-Debt
5.00 0.20 0.02

Bridgetown Holdings Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.17 0.02 0.19 0.11

Competitive Comparison of Bridgetown Holdings's Cash-to-Debt

For the Shell Companies subindustry, Bridgetown Holdings'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.

Bridgetown Holdings's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bridgetown Holdings's Cash-to-Debt distribution charts can be found below:

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


Bridgetown Holdings 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.

Bridgetown Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
=0.023 / (1.3 + 0)
=0.02

Bridgetown Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
=0.146 / (1.3 + 0)
=0.11

* 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.

Bridgetown Holdings  (NAS:BTWN) 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.

Bridgetown Holdings Cash-to-Debt Related Terms

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Bridgetown Holdings (Bridgetown Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bridgetown Holdings Ltd (NAS:BTWN) » Definitions » Cash-to-Debt
Comparable Companies
HIII AVAN EOCW BOAC GOAC ETAC LMACA SCOA LGAC SLAM GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
c/o 38th Floor Champion Tower, 3 Garden Road, Central, Hong Kong, HKG
Website
https://www.bridgetownholdings.co
Bridgetown Holdings Ltd is a blank check company formed for the purpose of effecting an initial business combination.
Executives
Samuel H. Altman director 29 DORLAND STREET, SAN FRANCISCO CA 94110
John R Hass director C/O JHW PAN ASIA STRATEGIES FUND, LLC, 711 FIFTH AVENUE, SUITE 410, NEW YORK NY 10022
Bridgetown Llc/cayman 10 percent owner 38/F CHAMPION TOWER, HONG KONG F4 000000
Daniel Wong director, 10 percent owner, officer: CEO and CFO 3 GARDEN ROAD, CENTRAL, HONG KONG F4 000000
In Joon Hwang director 3 GARDEN ROAD, CENTRAL, HONG KONG F4 000000
Matthew Danzeisen director, 10 percent owner, officer: Chairman of the BOD C/O 38/F CHAMPION TOWER, 3 GARDEN ROAD, HONG KONG F4 000000