Beneficient (Beneficient) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Beneficient 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. Beneficient'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, Beneficient 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 Beneficient's Cash-to-Debt or its related term are showing as below:

BENF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.27 Max: No Debt
Current: 0.23

During the past 4 years, Beneficient's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.27.

BENF's Cash-to-Debt is ranked worse than
75.31% of 1466 companies
in the Asset Management industry
Industry Median: 5.89 vs BENF: 0.23

Beneficient Cash-to-Debt Historical Data

The historical data trend for Beneficient'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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Beneficient Cash-to-Debt Chart

Beneficient Annual Data

Trend

Dec20

Dec21

Mar22

Mar23

Cash-to-Debt

0.07

No Debt

1.08

0.17

Beneficient Quarterly Data
	Dec20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					0.27	0.17	0.06	0.05	No Debt

Competitive Comparison of Beneficient's Cash-to-Debt

For the Asset Management subindustry, Beneficient'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.

Beneficient's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Beneficient 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.

Beneficient's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	8.726	/	(0	+	52.129)
	=	0.17

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

Beneficient had no debt ⁽¹⁾.

Beneficient (NAS:BENF) 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.

Beneficient Cash-to-Debt Related Terms

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

Beneficient (Beneficient) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Beneficient (NAS:BENF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 N. Saint Paul Street, Suite 4850, Dallas, TX, USA, 75201

Website

https://www.trustben.com

Beneficient is a technology-enabled financial services holding company that (together with its subsidiaries) provides simple, rapid, and cost-effective liquidity solutions to participants in the alternative asset industry through its end-to-end online platform, AltAccess. BCG's products and services are designed to meet the unmet needs of mid-to-high net-worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. Its bespoke liquidity solutions for otherwise illiquid alternative asset investments are delivered through proprietary technology and an innovative financing and trust structure. It has three reportable segments consisting of Ben Liquidity, Ben Custody and Customer ExAlt Trusts.

Executives

Gwg Wind Down Trust	10 percent owner	PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Elizabeth C. Freeman	10 percent owner	PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Derek L. Fletcher	director, officer: See Remarks	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Life Usa, Llc	10 percent owner	325 NORTH ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Gregory W. Ezell	officer: Chief Financial Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Jeff Welday	officer: See Remarks	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Maria S. Rutledge	officer: Chief Technology Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Scott W. Wilson	officer: Chief Underwriting Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Samuel Hikspoors	officer: Chief Risk Officer	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Richard W Fisher	director
James G. Silk	director, officer: See Remarks	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Emily B. Hill	director	325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Holdings, Inc.	10 percent owner	325 N. ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Cangany Peter T Jr	director	220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Brad K Heppner	director, officer: See Remarks	325 N SAINT PAUL STREET, SUITE 1200, DALLAS TX 75201