Brookfield Asset Management (Brookfield Asset Management) Cash-to-Debt

: 0.04 (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. Brookfield Asset Management's cash to debt ratio for the quarter that ended in Dec. 2023 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, Brookfield Asset Management 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 Brookfield Asset Management's Cash-to-Debt or its related term are showing as below:

BAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.33 Max: 5.41
Current: 0.04

During the past 4 years, Brookfield Asset Management's highest Cash to Debt Ratio was 5.41. The lowest was 0.04. And the median was 0.33.

BAM's Cash-to-Debt is ranked worse than
91.05% of 1475 companies
in the Asset Management industry
Industry Median: 5.14 vs BAM: 0.04

Brookfield Asset Management Cash-to-Debt Historical Data

The historical data trend for Brookfield Asset Management'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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Brookfield Asset Management Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

5.41

0.33

0.04

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt							0.33	0.13	0.04	0.06	0.04

Competitive Comparison

For the Asset Management subindustry, Brookfield Asset Management'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.

Brookfield Asset Management Cash-to-Debt Distribution

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

* The bar in red indicates where Brookfield Asset Management's Cash-to-Debt falls into.

Brookfield Asset Management 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.

Brookfield Asset Management'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)
	=	9	/	(256	+	0)
	=	0.04

Brookfield Asset Management'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)
	=	9	/	(256	+	0)
	=	0.04

Brookfield Asset Management (NYSE:BAM) 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.

Brookfield Asset Management Cash-to-Debt Related Terms

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Brookfield Asset Management (Brookfield Asset Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Asset Management Ltd (NYSE:BAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RW5:Germany RW5:Germany BAM:Canada

Address

181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3

Website

https://www.brookfield.com

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.