BB Seguridade Participacoes (BSP:BBSE3) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

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

BSP:BBSE3' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, BB Seguridade Participacoes's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BSP:BBSE3's Cash-to-Debt is ranked better than
99.58% of 480 companies
in the Insurance industry
Industry Median: 1.885 vs BSP:BBSE3: No Debt

BB Seguridade Participacoes Cash-to-Debt Historical Data

The historical data trend for BB Seguridade Participacoes'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.

* Premium members only.

BB Seguridade Participacoes Cash-to-Debt Chart

BB Seguridade Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

BB Seguridade Participacoes 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of BB Seguridade Participacoes's Cash-to-Debt

For the Insurance - Diversified subindustry, BB Seguridade Participacoes'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.

BB Seguridade Participacoes's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, BB Seguridade Participacoes's Cash-to-Debt distribution charts can be found below:

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

BB Seguridade Participacoes 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.

BB Seguridade Participacoes's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

BB Seguridade Participacoes had no debt ⁽¹⁾.

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

BB Seguridade Participacoes had no debt ⁽¹⁾.

BB Seguridade Participacoes (BSP:BBSE3) 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.

BB Seguridade Participacoes Cash-to-Debt Related Terms

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

BB Seguridade Participacoes (BSP:BBSE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » BB Seguridade Participacoes SA (BSP:BBSE3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BBSEY:USA

Address

Quadra 05, Lot B, 3rd Floor Torre Sul, Banco do Brasil Building, Asa Norte, Brasilia, DF, BRA

Website

https://www.bbseguridaderi.com.br

BB Seguridade Participacoes SA is a diversified insurance company that operates two segments: insurance and brokerage. The revenue generation is mostly split between these two segments. Its insurance segment focuses on life, property, vehicle, and special-risk insurance. It also provides capitalization plans as well as reinsurance. The company's brokerage segment operates the facilitation of business insurance and reinsurance. BB Seguridade generates its revenue in Brazil. The company considers mergers and acquisitions as a component of its operational growth strategy.

BB Seguridade Participacoes (BSP:BBSE3) Headlines

No Headlines

BB Seguridade Participacoes (BSP:BBSE3) Cash-to-Debt : No Debt (1) (As of Dec. 2023)