Brisbane Broncos (ASX:BBL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Brisbane Broncos 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. Brisbane Broncos's cash to debt ratio for the quarter that ended in Dec. 2023 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, Brisbane Broncos could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Brisbane Broncos's Cash-to-Debt or its related term are showing as below:

ASX:BBL' 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 13 years, Brisbane Broncos's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:BBL's Cash-to-Debt is ranked better than
99.81% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.27 vs ASX:BBL: No Debt

Brisbane Broncos Cash-to-Debt Historical Data

The historical data trend for Brisbane Broncos'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.

Brisbane Broncos Cash-to-Debt Chart

Brisbane Broncos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Brisbane Broncos 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Brisbane Broncos's Cash-to-Debt

For the Entertainment subindustry, Brisbane Broncos'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.

Brisbane Broncos's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brisbane Broncos's Cash-to-Debt distribution charts can be found below:

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

Brisbane Broncos 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.

Brisbane Broncos's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Brisbane Broncos had no debt ⁽¹⁾.

Brisbane Broncos's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Brisbane Broncos had no debt ⁽¹⁾.

Brisbane Broncos (ASX:BBL) 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.

Brisbane Broncos Cash-to-Debt Related Terms

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

Brisbane Broncos (ASX:BBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brisbane Broncos Ltd (ASX:BBL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

81 Fulcher Road, Clive Berghofer Centre, Red Hill, Brisbane, QLD, AUS, 4059

Website

https://www.broncos.com.au

Brisbane Broncos Ltd operates in the sport and entertainment businesses, gaming monitoring, and ancillary services businesses. The principal activities of the company are the management and operation of the Brisbane Broncos Rugby League Football teams, a National Rugby League competition participant. It generates revenue from sponsorship sales, merchandise sales and royalties, membership, and others. Geographically, the Group operates in Australia only.