Bell Financial Group (ASX:BFG) Cash-to-Debt : 0.35 (As of Dec. 2023)

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What is Bell Financial Group 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. Bell Financial Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.35.

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, Bell Financial Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:BFG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 0.58 Max: 0.81
Current: 0.35

During the past 13 years, Bell Financial Group's highest Cash to Debt Ratio was 0.81. The lowest was 0.33. And the median was 0.58.

ASX:BFG's Cash-to-Debt is ranked worse than
77.02% of 792 companies
in the Capital Markets industry
Industry Median: 1.87 vs ASX:BFG: 0.35

Bell Financial Group Cash-to-Debt Historical Data

The historical data trend for Bell Financial Group'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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Bell Financial Group Cash-to-Debt Chart

Bell Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.33

0.57

0.60

0.52

0.35

Bell Financial Group 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															0.60	0.64	0.52	0.49	0.35

Competitive Comparison of Bell Financial Group's Cash-to-Debt

For the Capital Markets subindustry, Bell Financial Group'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.

Bell Financial Group's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bell Financial Group's Cash-to-Debt distribution charts can be found below:

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

Bell Financial Group 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.

Bell Financial Group'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)
	=	216.78	/	(615.173	+	0)
	=	0.35

Bell Financial Group'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)
	=	216.78	/	(615.173	+	0)
	=	0.35

Bell Financial Group (ASX:BFG) 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.

Bell Financial Group Cash-to-Debt Related Terms

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Bell Financial Group (ASX:BFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bell Financial Group Ltd (ASX:BFG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 29, 101 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.bellfg.com.au

Bell Financial Group Ltd is a capital market service provider. The company is engaged in providing stockbroking, investment, and financial advisory services to private, institutional, and corporate clients. The reporting segments of the company are; Technology & Platforms segment includes Proprietary technology and platforms including online broking, Products & Services segment include Margin lending, Cash, Portfolio Administration, and Superannuation Solutions products and services, Retail segment includes traditional retail client broking (Retail client focus) and Institutional segment includes traditional wholesale client broking (Institutional and Wholesale client focus).

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