Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Cash-to-Debt : 0.08 (As of Sep. 2023)

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What is Brite-Strike Tactical Illumination Products 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. Brite-Strike Tactical Illumination Products's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.08.

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, Brite-Strike Tactical Illumination Products couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Brite-Strike Tactical Illumination Products's Cash-to-Debt or its related term are showing as below:

BSTK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 1.92 Max: 3.27
Current: 0.08

During the past 5 years, Brite-Strike Tactical Illumination Products's highest Cash to Debt Ratio was 3.27. The lowest was 0.08. And the median was 1.92.

BSTK's Cash-to-Debt is ranked worse than
93.27% of 3002 companies
in the Industrial Products industry
Industry Median: 1.185 vs BSTK: 0.08

Brite-Strike Tactical Illumination Products Cash-to-Debt Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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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Brite-Strike Tactical Illumination Products Cash-to-Debt Chart

Brite-Strike Tactical Illumination Products Annual Data

Trend

Dec96

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

0.88

1.92

1.57

3.27

Brite-Strike Tactical Illumination Products Quarterly Data
	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															3.20	3.16	1.92	3.27	0.08

Competitive Comparison of Brite-Strike Tactical Illumination Products's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Cash-to-Debt falls into.

Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	0.111	/	(0.034	+	0)
	=	3.26

Brite-Strike Tactical Illumination Products's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.014	/	(0.177	+	0)
	=	0.08

Brite-Strike Tactical Illumination Products (OTCPK:BSTK) 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.

Brite-Strike Tactical Illumination Products Cash-to-Debt Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brite-Strike Tactical Illumination Products Inc (OTCPK:BSTK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1145 Franklin Street, Duxbury, MA, USA, 02332

Website

https://www.brite-strike.com

Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

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