Binah Capital Group (Binah Capital Group) Cash-to-Debt : 0.17 (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Binah Capital 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. Binah Capital Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.17.

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

BCGWW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.17 Max: 0.17
Current: 0.17

During the past 4 years, Binah Capital Group's highest Cash to Debt Ratio was 0.17. The lowest was 0.16. And the median was 0.17.

BCGWW's Cash-to-Debt is ranked worse than
78.84% of 1470 companies
in the Asset Management industry
Industry Median: 6 vs BCGWW: 0.17

Binah Capital Group Cash-to-Debt Historical Data

The historical data trend for Binah Capital 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.

* Premium members only.

Binah Capital Group Cash-to-Debt Chart

Binah Capital Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.17

0.16

0.17

Binah Capital Group Semi-Annual Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				0.19	0.17	0.16	0.15	0.17

Competitive Comparison of Binah Capital Group's Cash-to-Debt

For the Asset Management subindustry, Binah Capital 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.

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

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

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

Binah Capital 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.

Binah Capital 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)
	=	7.221	/	(0	+	42.549)
	=	0.17

Binah Capital 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)
	=	7.221	/	(0	+	42.549)
	=	0.17

Binah Capital Group (NAS:BCGWW) 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.

Binah Capital Group Cash-to-Debt Related Terms

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

Binah Capital Group (Binah Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCGWW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BCG:USA

Address

One Cowboys Way, Suite 490, Frisco, TX, USA, 75034

Website

https://www.wentworthms.com

Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

Binah Capital Group (Binah Capital Group) Headlines

From GuruFocus

Binah Capital Group Celebrates Successful Completion of Public Listing with Opening Bell Ringing Ceremony at Nasdaq

By PRNewswire • 04-29-2024