Atlanta Braves Holdings (Atlanta Braves Holdings) Cash-to-Debt

: 0.19 (As of Dec. 2023)

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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. Atlanta Braves Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 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, Atlanta Braves Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BATRA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.22 Max: 0.33
Current: 0.19

During the past 8 years, Atlanta Braves Holdings's highest Cash to Debt Ratio was 0.33. The lowest was 0.19. And the median was 0.22.

BATRA's Cash-to-Debt is ranked worse than
78.11% of 1037 companies
in the Media - Diversified industry
Industry Median: 1.26 vs BATRA: 0.19

Atlanta Braves Holdings Cash-to-Debt Historical Data

The historical data trend for Atlanta Braves Holdings'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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Atlanta Braves Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.26

0.23

0.20

0.23

0.19

Atlanta Braves Holdings 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																0.23	0.40	0.20	0.16	0.19

Competitive Comparison

For the Entertainment subindustry, Atlanta Braves Holdings'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.

Atlanta Braves Holdings Cash-to-Debt Distribution

For the Media - Diversified industry and Communication Services sector, Atlanta Braves Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Atlanta Braves Holdings's Cash-to-Debt falls into.

Atlanta Braves Holdings 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.

Atlanta Braves Holdings'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)
	=	125.148	/	(42.153	+	630.702)
	=	0.19

Atlanta Braves Holdings'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)
	=	125.148	/	(42.153	+	630.702)
	=	0.19

Atlanta Braves Holdings (NAS:BATRA) 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.

Atlanta Braves Holdings Cash-to-Debt Related Terms

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Atlanta Braves Holdings (Atlanta Braves Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Atlanta Braves Holdings Inc (NAS:BATRA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BATRB:USA BATRK:USA E450:Germany E45:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.bravesholdings.com

Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club's stadium, Truist Park.

Executives

Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
David E Rapley	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Brian J Wendling	officer: CAO/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
R. Ted Weschler,	other: Member of 10% owner group	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Robert R Bennett	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131
Albert E Rosenthaler	officer: Chief Corp. Dev. Officer	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
John C Malone	director, 10 percent owner, officer: Chairman of the Board	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei	director, officer: President, CEO	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian Deevy	director	C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069