BMTC Group (TSX:GBT) Cash-to-Debt : 0.04 (As of Jan. 2024)

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What is BMTC Group 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. BMTC Group's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.04.

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, BMTC Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for BMTC Group's Cash-to-Debt or its related term are showing as below:

TSX:GBT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 1.49 Max: 145
Current: 0.04

During the past 13 years, BMTC Group's highest Cash to Debt Ratio was 145.00. The lowest was 0.04. And the median was 1.49.

TSX:GBT's Cash-to-Debt is ranked worse than
91.05% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.465 vs TSX:GBT: 0.04

BMTC Group Cash-to-Debt Historical Data

The historical data trend for BMTC Group'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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BMTC Group Cash-to-Debt Chart

BMTC Group Annual Data

Trend

Dec14

Dec15

Dec16

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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0.24

1.49

0.15

0.04

BMTC Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.15	2.42	0.77	0.08	0.04

Competitive Comparison of BMTC Group's Cash-to-Debt

For the Specialty Retail subindustry, BMTC Group'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.

BMTC Group's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BMTC Group's Cash-to-Debt distribution charts can be found below:

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

BMTC Group 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.

BMTC Group's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	1.255	/	(25.663	+	4.83)
	=	0.04

BMTC Group's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	1.255	/	(25.663	+	4.83)
	=	0.04

BMTC Group (TSX:GBT) 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.

BMTC Group Cash-to-Debt Related Terms

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

BMTC Group (TSX:GBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » BMTC Group Inc (TSX:GBT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8500, Place Marien, Montreal-East, QC, CAN, H1B 5W8

Website

https://www.bmtc.ca

BMTC Group Inc is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. It manages and operates a retail network of furniture. The Company considers its retail activities as a single operating segment.