Bexil (BXLC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Bexil 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. Bexil's cash to debt ratio for the quarter that ended in Sep. 2023 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, Bexil could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(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 Bexil's Cash-to-Debt or its related term are showing as below:

BXLC' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 8 years, Bexil's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BXLC's Cash-to-Debt is ranked better than
99.93% of 1475 companies
in the Asset Management industry
Industry Median: 5.53 vs BXLC: No Debt

Bexil Cash-to-Debt Historical Data

The historical data trend for Bexil'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.

Bexil Cash-to-Debt Chart

Bexil Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Bexil Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	N/A	No Debt

Competitive Comparison of Bexil's Cash-to-Debt

For the Asset Management subindustry, Bexil'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.

Bexil's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Bexil 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.

Bexil's Cash to Debt Ratio for the fiscal year that ended in Dec. 2011 is calculated as:

Bexil had no debt ⁽¹⁾.

Bexil's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Bexil had no debt ⁽¹⁾.

Bexil (OTCPK:BXLC) 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.

Bexil Cash-to-Debt Related Terms

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

Bexil (BXLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bexil Corp (OTCPK:BXLC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2255 Buffalo Road, Rochester, NY, USA, 12545

Website

https://www.bexil.com

Bexil Corporation is a United States firm engaged through a wholly-owned subsidiary, Bexil Advisers LLC, in investment management. Bexil Advisers is a registered investment adviser and the investment manager to Dividend and Income Fund, a closed-end fund.

Executives

Mark Campbell Winmill	10 percent owner	3814 ROUTE 44, MILLBROOK NY 12545
John F Ramirez	officer: Chief Compliance Officer	11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Thomas Omalley	officer: Chief Financial Officer	3814 ROUTE 44, MILLBROOK NY 12545
Bexil Corp	officer: Chief Financial Officer	2255 BUFFALO ROAD, ROCHESTER NY 14624
Thomas Bassett Winmill	director, 10 percent owner, officer: President	P.O. BOX 4, WALPOLE NH 03608
Bassett Starr Winmill	director, 10 percent owner, officer: Executive Chairman	11 HANOVER SQUARE, NEW YORK NY 10005
Burke Russell E Iii	director	3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de	10 percent owner	11 HANOVER SQUARE, NEW YORK NY 10005