Brookfield Infrastructure (TSX:BIPC) Cash-to-Debt : 0.03 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Brookfield Infrastructure 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. Brookfield Infrastructure's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.03.

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 Infrastructure couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSX:BIPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.06 Max: 0.27
Current: 0.03

During the past 7 years, Brookfield Infrastructure's highest Cash to Debt Ratio was 0.27. The lowest was 0.03. And the median was 0.06.

TSX:BIPC's Cash-to-Debt is ranked worse than
85.97% of 499 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs TSX:BIPC: 0.03

Brookfield Infrastructure Cash-to-Debt Historical Data

The historical data trend for Brookfield Infrastructure'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.

Brookfield Infrastructure Cash-to-Debt Chart

Brookfield Infrastructure Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.04

0.13

0.10

0.05

Brookfield Infrastructure Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.07	0.03	0.05	0.03

Competitive Comparison of Brookfield Infrastructure's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Brookfield Infrastructure'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 Infrastructure's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure's Cash-to-Debt distribution charts can be found below:

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

Brookfield Infrastructure 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 Infrastructure'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)
	=	723.122	/	(1404.655	+	14766.991)
	=	0.04

Brookfield Infrastructure's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	480.528	/	(35.194	+	18270.893)
	=	0.03

Brookfield Infrastructure (TSX:BIPC) 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 Infrastructure Cash-to-Debt Related Terms

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

Brookfield Infrastructure (TSX:BIPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Brookfield Infrastructure Corp (TSX:BIPC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BIPC:USA

Address

250 Vesey Street, 15th Floor, New York, NY, USA, 10281

Website

https://www.bip.brookfield.com

Brookfield Infrastructure Corp is an indirect subsidiary of the partnership of the diversified infrastructure owner and operators. Its business is comprised of a U.K. regulated distribution operation, a Brazilian regulated natural gas transmission operation and an Australian regulated utility.