Balfour Beatty (Balfour Beatty) Cash-to-Debt : 1.13 (As of Dec. 2023)

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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. Balfour Beatty's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.13.

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, Balfour Beatty 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 Balfour Beatty's Cash-to-Debt or its related term are showing as below:

BAFBF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76 Med: 1.02 Max: 1.65
Current: 1.13

During the past 13 years, Balfour Beatty's highest Cash to Debt Ratio was 1.65. The lowest was 0.76. And the median was 1.02.

BAFBF's Cash-to-Debt is ranked better than
61.12% of 1664 companies
in the Construction industry
Industry Median: 0.64 vs BAFBF: 1.13

Balfour Beatty Cash-to-Debt Historical Data

The historical data trend for Balfour Beatty'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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Balfour Beatty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.95

1.18

1.65

1.57

1.13

Balfour Beatty Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.65	1.49	1.57	1.47	1.13

Competitive Comparison

For the Engineering & Construction subindustry, Balfour Beatty'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.

Balfour Beatty Cash-to-Debt Distribution

For the Construction industry and Industrials sector, Balfour Beatty's Cash-to-Debt distribution charts can be found below:

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

Balfour Beatty 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.

Balfour Beatty's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1402.532	/	(206.329	+	1032.911)
	=	1.13

Balfour Beatty's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1402.532	/	(206.329	+	1032.911)
	=	1.13

Balfour Beatty (OTCPK:BAFBF) 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.

Balfour Beatty Cash-to-Debt Related Terms

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Balfour Beatty (Balfour Beatty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Balfour Beatty PLC (OTCPK:BAFBF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BAFYY:USA BBYl:UK BBY:UK BIH:Germany

Address

5 Churchill Place, Canary Wharf, London, GBR, E14 5HU

Website

https://www.balfourbeatty.com

Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.