Bridgepoint Group (LSE:BPT) Cash-to-Debt : 1.25 (As of Dec. 2023)

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What is Bridgepoint 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. Bridgepoint Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.25.

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, Bridgepoint Group 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 Bridgepoint Group's Cash-to-Debt or its related term are showing as below:

LSE:BPT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 1 Max: 1.71
Current: 1.25

During the past 6 years, Bridgepoint Group's highest Cash to Debt Ratio was 1.71. The lowest was 0.13. And the median was 1.00.

LSE:BPT's Cash-to-Debt is ranked worse than
59.05% of 1475 companies
in the Asset Management industry
Industry Median: 5.39 vs LSE:BPT: 1.25

Bridgepoint Group Cash-to-Debt Historical Data

The historical data trend for Bridgepoint 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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Bridgepoint Group Cash-to-Debt Chart

Bridgepoint Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.13

0.76

1.71

1.46

1.25

Bridgepoint Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				1.71	1.30	1.46	1.37	1.25

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

For the Asset Management subindustry, Bridgepoint 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.

Bridgepoint Group's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bridgepoint Group's Cash-to-Debt distribution charts can be found below:

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

Bridgepoint 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.

Bridgepoint Group'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)
	=	1595.1	/	(26.8	+	1250.2)
	=	1.25

Bridgepoint Group'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)
	=	1595.1	/	(26.8	+	1250.2)
	=	1.25

Bridgepoint Group (LSE:BPT) 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.

Bridgepoint Group Cash-to-Debt Related Terms

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Bridgepoint Group (LSE:BPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bridgepoint Group PLC (LSE:BPT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BPTl:UK 8XW:Germany

Address

5 Marble Arch, London, GBR, W1H 7EJ

Website

https://www.bridgepoint.eu

Bridgepoint Group PLC is an international alternative asset fund management group, providing private equity and private debt lending solutions to the middle market. It invests in six principal sectors - business services, consumer, financial services, healthcare, medtech and pharma, manufacturing and industrials and digital, technology, and media via a platform of offices in Europe, the U.S, and China.