SSIF BRK Financial Group (BSE:BRK) Cash-to-Debt : 1.26 (As of Jun. 2023)

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What is SSIF BRK Financial 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. SSIF BRK Financial Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.26.

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, SSIF BRK Financial Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for SSIF BRK Financial Group's Cash-to-Debt or its related term are showing as below:

BSE:BRK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.5 Max: 9.68
Current: 0.2

During the past 13 years, SSIF BRK Financial Group's highest Cash to Debt Ratio was 9.68. The lowest was 0.06. And the median was 1.50.

BSE:BRK's Cash-to-Debt is ranked worse than
83.94% of 791 companies
in the Capital Markets industry
Industry Median: 1.87 vs BSE:BRK: 0.20

SSIF BRK Financial Group Cash-to-Debt Historical Data

The historical data trend for SSIF BRK Financial 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.

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SSIF BRK Financial Group Cash-to-Debt Chart

SSIF BRK Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.29

2.19

0.81

0.06

0.20

SSIF BRK Financial Group Quarterly Data
	Dec15	Dec16	Mar17	Dec17	Mar18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.55	0.06	0.03	1.26	0.20

Competitive Comparison of SSIF BRK Financial Group's Cash-to-Debt

For the Capital Markets subindustry, SSIF BRK Financial 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.

SSIF BRK Financial Group's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SSIF BRK Financial Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where SSIF BRK Financial Group's Cash-to-Debt falls into.

SSIF BRK Financial 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.

SSIF BRK Financial 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)
	=	9.786	/	(21.084	+	28.395)
	=	0.20

SSIF BRK Financial Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	59.442	/	(18.577	+	28.547)
	=	1.26

SSIF BRK Financial Group (BSE:BRK) 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.

SSIF BRK Financial Group Cash-to-Debt Related Terms

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

SSIF BRK Financial Group (BSE:BRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SSIF BRK Financial Group SA (BSE:BRK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calea Motilor No. 119, Cluj-Napoca, ROU, 400045

Website

https://www.brk.ro

SSIF BRK Financial Group SA is a Romania based financial investment services company. It offers services for its retail and institutional clients. It operates in two segments, 1) The intermediary segment refers to all the transaction intermediation services offered to individual investors and companies, as well as to the specialized services offered to institutional clients. 2) Own portfolio management segment.

SSIF BRK Financial Group (BSE:BRK) Headlines

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