Big 8 Split (TSX:BIG.PR.D.PFD) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Jun. 2018)

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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. Big 8 Split's cash to debt ratio for the quarter that ended in Jun. 2018 was No Debt ⁽¹⁾.

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, Big 8 Split could pay off its debt using the cash in hand for the quarter that ended in Jun. 2018.

(1) 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.

The historical rank and industry rank for Big 8 Split's Cash-to-Debt or its related term are showing as below:

TSX:BIG.PR.D.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 9 years, Big 8 Split's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSX:BIG.PR.D.PFD's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.175 vs TSX:BIG.PR.D.PFD: No Debt

Big 8 Split Cash-to-Debt Historical Data

The historical data trend for Big 8 Split'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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Big 8 Split Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

No Debt

Big 8 Split Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Cash-to-Debt											No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, Big 8 Split'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.

Big 8 Split Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Big 8 Split's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Big 8 Split's Cash-to-Debt falls into.

Big 8 Split 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.

Big 8 Split's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Big 8 Split had no debt ⁽¹⁾.

Big 8 Split's Cash to Debt Ratio for the quarter that ended in Jun. 2018 is calculated as:

Big 8 Split had no debt ⁽¹⁾.

Big 8 Split (TSX:BIG.PR.D.PFD) 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.

Big 8 Split Cash-to-Debt Related Terms

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Big 8 Split (TSX:BIG.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Big 8 Split Inc (TSX:BIG.PR.D.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.timbercreek.com

Big 8 Split Inc is a Canada based closed-end investment fund company. Its principal business is to invest in private equity, private debt, and public securities. In private equity investment, the company directly invests in real estate. The group also makes direct investments in mortgages and other debt secured by real estate in private debt investments. Public securities investments include investments in public listed companies that own investment-grade real estate. In addition, the company also offers integrated solutions by combining the three investment strategies into one balanced vehicle for specific investment mandates. Timbercreek Asset Management is the investment fund manager of the company.

Big 8 Split (TSX:BIG.PR.D.PFD) Headlines

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