Bayerische Motoren Werke AG (XTER:BMW) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Bayerische Motoren Werke AG 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. Bayerische Motoren Werke AG's cash to debt ratio for the quarter that ended in Jun. 2024 was No Debt ⁽¹⁾.

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, Bayerische Motoren Werke AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(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 Bayerische Motoren Werke AG's Cash-to-Debt or its related term are showing as below:

XTER:BMW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: No Debt Max: No Debt
Current: 0.3

During the past 13 years, Bayerische Motoren Werke AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.18. And the median was No Debt.

XTER:BMW's Cash-to-Debt is ranked worse than
65.29% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 0.59 vs XTER:BMW: 0.30

Bayerische Motoren Werke AG Cash-to-Debt Historical Data

The historical data trend for Bayerische Motoren Werke AG'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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Bayerische Motoren Werke AG Cash-to-Debt Chart

Bayerische Motoren Werke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.18

0.21

0.26

0.31

0.30

Bayerische Motoren Werke AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	0.30	No Debt	No Debt

Competitive Comparison of Bayerische Motoren Werke AG's Cash-to-Debt

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bayerische Motoren Werke AG's Cash-to-Debt falls into.

Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG'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)
	=	21458	/	(25924	+	45624)
	=	0.30

Bayerische Motoren Werke AG's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Bayerische Motoren Werke AG had no debt ⁽¹⁾.

Bayerische Motoren Werke AG (XTER:BMW) 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.

Bayerische Motoren Werke AG Cash-to-Debt Related Terms

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

Bayerische Motoren Werke AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bayerische Motoren Werke AG (XTER:BMW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BYMOF:USA BMWYY:USA BAMXF:USA BMW:Romania BMW:Poland BMW3:Mexico BMWM5N:Mexico 1BMW3:Italy 1BMW:Italy BMW:Hungary BMW3d:UK BMWd:UK 0O0V:UK 0O0U:UK BMW:Bulgaria BMWG:Austria BMW:Austria

Address

Petuelring 130, Munich, BY, DEU, 80809

Website

https://www.bmwgroup.com

In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2023, worldwide sales volume was over 2.5 million automobiles and over 209,000 motorcycles.

Bayerische Motoren Werke AG Headlines

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Bayerische Motoren Werke AG (XTER:BMW) Cash-to-Debt : No Debt (1) (As of Jun. 2024)