Bullfrog AI Holdings (Bullfrog AI Holdings) Cash-to-Debt : 13.83 (As of Mar. 2024)

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What is Bullfrog AI 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. Bullfrog AI Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 13.83.

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, Bullfrog AI Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Bullfrog AI Holdings's Cash-to-Debt or its related term are showing as below:

BFRG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 4.4 Max: No Debt
Current: 13.83

During the past 4 years, Bullfrog AI Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 4.40.

BFRG's Cash-to-Debt is ranked better than
83.46% of 659 companies
in the Healthcare Providers & Services industry
Industry Median: 0.66 vs BFRG: 13.83

Bullfrog AI Holdings Cash-to-Debt Historical Data

The historical data trend for Bullfrog AI 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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Bullfrog AI Holdings Cash-to-Debt Chart

Bullfrog AI Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.02

0.04

No Debt

Bullfrog AI Holdings Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								8.62	12.91	18.10	No Debt	13.83

Competitive Comparison of Bullfrog AI Holdings's Cash-to-Debt

For the Health Information Services subindustry, Bullfrog AI 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.

Bullfrog AI Holdings's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bullfrog AI Holdings's Cash-to-Debt distribution charts can be found below:

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

Bullfrog AI 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.

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

Bullfrog AI Holdings had no debt ⁽¹⁾.

Bullfrog AI Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	7.011	/	(0.507	+	0)
	=	13.83

Bullfrog AI Holdings (NAS:BFRG) 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.

Bullfrog AI Holdings Cash-to-Debt Related Terms

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Bullfrog AI Holdings (Bullfrog AI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Bullfrog AI Holdings Inc (NAS:BFRG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Ellington Boulevard, Unit 317, Gaithersburg, MD, USA, 20878

Website

https://www.bullfrogai.com

Bullfrog AI Holdings Inc is a clinical-phase Biotechnology company using machine learning to advance medicine and improve human health. It uses artificial intelligence and machine learning to advance medicines for both internal and external projects. Its platform technology, named, bfLEAP, is an analytical AI/ML platform that is able to surmount the challenges of scalability and flexibility currently hindering researchers and clinicians by providing a more precise1, multi-dimensional understanding of its data.

Executives

William Enright	director	910 CLOPPER ROAD, SUITE 201S, GAITHERSBURG MD 20878
R Don Elsey	director	2273 RESEARCH BLVD, SUITE 400, ROCKVILLE MD 20850
Dane R Saglio	officer: Chief Financial Officer
Jason David Hanson	director	8125 NORTH HAYDEN ROAD, SCOTTSDALE AZ 85258-2463
Vininder Singh	director, 10 percent owner, officer: Chief Executive Officer	4 BLACK KETTLE COURT, BOYDS MD 20841