B3 - Brasil Bolsa Balcao (BSP:B3SA3) Cash-to-Debt : 1.08 (As of Dec. 2023)

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What is B3 - Brasil Bolsa Balcao 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. B3 - Brasil Bolsa Balcao's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.08.

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, B3 - Brasil Bolsa Balcao could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for B3 - Brasil Bolsa Balcao's Cash-to-Debt or its related term are showing as below:

BSP:B3SA3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96 Med: 1.39 Max: 3.01
Current: 1.08

During the past 13 years, B3 - Brasil Bolsa Balcao's highest Cash to Debt Ratio was 3.01. The lowest was 0.96. And the median was 1.39.

BSP:B3SA3's Cash-to-Debt is ranked worse than
62.06% of 788 companies
in the Capital Markets industry
Industry Median: 1.9 vs BSP:B3SA3: 1.08

B3 - Brasil Bolsa Balcao Cash-to-Debt Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao'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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B3 - Brasil Bolsa Balcao Cash-to-Debt Chart

B3 - Brasil Bolsa Balcao Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.93

1.99

1.31

1.17

1.08

B3 - Brasil Bolsa Balcao Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.17	1.15	1.20	1.23	1.08

Competitive Comparison of B3 - Brasil Bolsa Balcao's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Cash-to-Debt falls into.

B3 - Brasil Bolsa Balcao 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.

B3 - Brasil Bolsa Balcao'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)
	=	15949.764	/	(4947.794	+	9759.402)
	=	1.08

B3 - Brasil Bolsa Balcao'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)
	=	15949.764	/	(4947.794	+	9759.402)
	=	1.08

B3 - Brasil Bolsa Balcao (BSP:B3SA3) 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.

B3 - Brasil Bolsa Balcao Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of B3 - Brasil Bolsa Balcao's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

B3 - Brasil Bolsa Balcao (BSP:B3SA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » B3 SA - Brasil Bolsa Balcao (BSP:B3SA3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BOLSY:USA YBV0:Germany

Address

Antonio Prado Square, 48 - Center, Rua XV de Novembro, 275, Sao Paulo, SP, BRA, 01010-901

Website

http://www.b3.com.br

B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. It relies on technology to deliver its services.

B3 - Brasil Bolsa Balcao (BSP:B3SA3) Headlines

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