Barita Investments (XJAM:BIL) Cash-to-Debt : 0.19 (As of Mar. 2024)

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What is Barita Investments 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. Barita Investments's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.19.

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, Barita Investments couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XJAM:BIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 8 Max: 24210
Current: 0.19

During the past 13 years, Barita Investments's highest Cash to Debt Ratio was 24210.00. The lowest was 0.07. And the median was 8.00.

XJAM:BIL's Cash-to-Debt is ranked worse than
84.09% of 773 companies
in the Capital Markets industry
Industry Median: 1.97 vs XJAM:BIL: 0.19

Barita Investments Cash-to-Debt Historical Data

The historical data trend for Barita Investments'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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Barita Investments Cash-to-Debt Chart

Barita Investments Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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10.97

5.85

2.92

0.09

0.14

Barita Investments Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.17	0.14	0.07	0.19

Competitive Comparison of Barita Investments's Cash-to-Debt

For the Capital Markets subindustry, Barita Investments'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.

Barita Investments's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Barita Investments's Cash-to-Debt distribution charts can be found below:

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

Barita Investments 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.

Barita Investments's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1969.835	/	(0	+	14595.018)
	=	0.13

Barita Investments's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1772.255	/	(0	+	9241.26)
	=	0.19

Barita Investments (XJAM:BIL) 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.

Barita Investments Cash-to-Debt Related Terms

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Barita Investments (XJAM:BIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Barita Investments Ltd (XJAM:BIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Street Lucia Way, Kingston, JAM, 5

Website

https://www.barita.com

Barita Investments Ltd is a stock broking company. Its services include fixed-income services, fund management services, and the operation of foreign exchange and other income. The group has three business segments; The fixed income segment includes money market activities and securities broking, the Funds management segment includes the administration of a number of managed funds, and the Other operations segment includes the operation of foreign exchange cambio, investment banking, stock broking, and any other income.