Bread Financial Holdings (Bread Financial Holdings) Cash-to-Debt

: 0.66 (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. Bread Financial Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.66.

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, Bread Financial 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 Bread Financial Holdings's Cash-to-Debt or its related term are showing as below:

BFH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.3 Max: 171.43
Current: 0.66

During the past 13 years, Bread Financial Holdings's highest Cash to Debt Ratio was 171.43. The lowest was 0.10. And the median was 0.30.

BFH's Cash-to-Debt is ranked better than
63.49% of 504 companies
in the Credit Services industry
Industry Median: 0.235 vs BFH: 0.66

Bread Financial Holdings Cash-to-Debt Historical Data

The historical data trend for Bread Financial 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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Bread Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

171.43

0.32

0.40

0.48

0.66

Bread Financial 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																0.48	0.74	0.71	0.80	0.66

Competitive Comparison

For the Credit Services subindustry, Bread Financial 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.

Bread Financial Holdings Cash-to-Debt Distribution

For the Credit Services industry and Financial Services sector, Bread Financial Holdings's Cash-to-Debt distribution charts can be found below:

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

Bread Financial Holdings 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.

Bread Financial Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	3590	/	(0	+	5440)
	=	0.66

Bread Financial Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3590	/	(0	+	5440)
	=	0.66

Bread Financial Holdings (NYSE:BFH) 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.

Bread Financial Holdings Cash-to-Debt Related Terms

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

Bread Financial Holdings (Bread Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bread Financial Holdings Inc (NYSE:BFH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

A1LL34:Brazil

Address

3075 Loyalty Circle, Columbus, OH, USA, 43219

Website

https://www.breadfinancial.com

Formed by a combination of JCPenney's credit card processing unit and The Limited's credit card bank business, Bread Financial is a provider of private label and co-branded credit cards, loyalty programs, and marketing services. The company's most financially significant unit is its credit card business that partners with retailers to jointly market Bread's credit cards to their customers. The company also retains minority interest in its recently spun-off LoyaltyOne division, which operates the largest airline miles loyalty program in Canada and offers marketing services to grocery chains in Europe and Asia.

Executives

Turtle Creek Asset Management Inc.	10 percent owner	SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100, TORONTO A6 M5H 3Y2
Roger H Ballou	director	C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Clair Joyce St	director	50 S LA SALLE ST, CHICAGO IL 60603
Valerie E Greer	officer: EVP, Chief Comm'l Off'r, Card	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Perry S Beberman	officer: EVP, Chief Financial Officer	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Ralph J Andretta	director, officer: President and CEO	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Timothy J Theriault	director	50 LA SALLE STREET, CHICAGO IL 60675
John C Gerspach	director	C/O CORPORATE LAW DEP'T, CITIGOUP INC., 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Jonathan Bryan Campbell	officer: SVP, Chief Acctg. Officer	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Laurie Anne Tucker	director	65 MARYS CREEK COVE NORTH, EADS TN 38028
Rajesh Natarajan	director	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Sharen J Turney	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Karin Kimbrough	director	C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Charles L Horn	officer: EVP & Senior Advisor	BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Laura Santillan	officer: SVP, Chief Acctg. Officer	17655 WATERVIEW PARKWAY, DALLAS TX 75252