Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Cash-to-Debt : 0.11 (As of Dec. 2023)

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What is Bridger Aerospace Group 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. Bridger Aerospace Group Holdings's cash to debt ratio for the quarter that ended in Dec. 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, Bridger Aerospace Group Holdings 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 Bridger Aerospace Group Holdings's Cash-to-Debt or its related term are showing as below:

BAER' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.17 Max: 0.41
Current: 0.11

During the past 4 years, Bridger Aerospace Group Holdings's highest Cash to Debt Ratio was 0.41. The lowest was 0.10. And the median was 0.17.

BAER's Cash-to-Debt is ranked worse than
85.49% of 1061 companies
in the Business Services industry
Industry Median: 1.01 vs BAER: 0.11

Bridger Aerospace Group Holdings Cash-to-Debt Historical Data

The historical data trend for Bridger Aerospace Group 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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Bridger Aerospace Group Holdings Cash-to-Debt Chart

Bridger Aerospace Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.10

0.23

0.41

0.11

Bridger Aerospace Group Holdings Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						0.41	0.16	0.06	0.10	0.11

Competitive Comparison of Bridger Aerospace Group Holdings's Cash-to-Debt

For the Security & Protection Services subindustry, Bridger Aerospace Group 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.

Bridger Aerospace Group Holdings's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bridger Aerospace Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Bridger Aerospace Group 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.

Bridger Aerospace Group Holdings'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)
	=	23.965	/	(4.252	+	210.364)
	=	0.11

Bridger Aerospace Group Holdings'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)
	=	23.965	/	(4.252	+	210.364)
	=	0.11

Bridger Aerospace Group Holdings (NAS:BAER) 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.

Bridger Aerospace Group Holdings Cash-to-Debt Related Terms

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Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bridger Aerospace Group Holdings Inc (NAS:BAER) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Aviation Lane, Belgrade, MT, USA, 59714

Website

https://www.bridgeraerospace.com

Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation.

Executives

Anne Hayes	director	6436 31ST STREET NW, WASHINGTON DC 20015
Thomas Jermoluk	10 percent owner	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp	10 percent owner	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Jcic Sponsor Llc	10 percent owner	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Debra Coleman	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Blackstone Inc.	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Jpmorgan Chase Funding Inc.	10 percent owner	383 MADISON AVENUE, NEW YORK NY 10179
Grannus Holdings Manager - Nq Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Tactical Opportunities Investment Partnership Iii - Nq - Esc L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bto Grannus Holdings Iv - Nq Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Hugh Wyman Iii	director	1209 ORANGE STREET, C/O ZERO ONE GROUP, WILMINGTON DE 19801
Dean Heller	director	195 HUDSON AURORA ROAD, SMITH NV 89430
Todd J Hirsch	director	345 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10154
Timothy P Sheehy	director, 10 percent owner, officer: CEO & Co-Founder	90 AVIATION LANE, BELGRADE MT 59714
James J Muchmore	officer: Chief Legal Officer & EVP	90 AVIATION LANE, BELGRADE MT 59714