Build Acquisition (Build Acquisition) Cash-to-Debt : 6.02 (As of Sep. 2022)

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What is Build Acquisition 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. Build Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was 6.02.

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, Build Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) 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.

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

BGSX.U' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.68 Med: No Debt Max: No Debt
Current: 6.02

During the past 1 years, Build Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 1.68. And the median was No Debt.

BGSX.U's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.37 vs BGSX.U: 6.02

Build Acquisition Cash-to-Debt Historical Data

The historical data trend for Build Acquisition'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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Build Acquisition Cash-to-Debt Chart

Build Acquisition Annual Data

Trend

Dec21

Cash-to-Debt

No Debt

Build Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	1.68	6.02

Competitive Comparison of Build Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Build Acquisition'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.

Build Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Build Acquisition's Cash-to-Debt distribution charts can be found below:

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

Build Acquisition 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.

Build Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Build Acquisition had no debt ⁽¹⁾.

Build Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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)
	=	0.295	/	(0.049	+	0)
	=	6.02

Build Acquisition (NYSE:BGSX.U) 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.

Build Acquisition Cash-to-Debt Related Terms

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

Build Acquisition (Build Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Build Acquisition Corp (NYSE:BGSX.U) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3500 Jefferson, Suite 303, Austin, TX, USA, 78731

Website

https://www.buildspac.com

Build Acquisition Corp is a blank check company.

Executives

A Lanham Napier	director, 10 percent owner, officer: Co-Chief Executive Officer	701 W. CASTANO, SAN ANTONIO TX 78209
Natta Owen Van	director	394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
James C. Weaver	director	C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024
Zeynep Young	director, officer: Co-Chief Executive Officer	825 MAIN ST., SUITE 100, BUDA TX 78610
Tanner Cerand	officer: See Remarks	3500 JEFFERSON STREET, STE 303, AUSTIN TX 78731
Build Acquisition Sponsor Llc	10 percent owner	3500 JEFFERSON STREET, STE 303, AUSTIN TX 78731
Noam Ohana	director	16A AHAVAT TZION, TEL-AVIV L3 6215315

Build Acquisition (Build Acquisition) Headlines

From GuruFocus

Build Acquisition Corp. Announces Redemption of Public Shares and Subsequent Dissolution

By Business Wire Business Wire • 03-02-2023