BGC Group Balance Sheet Health
Financial Health criteria checks 2/6
BGC Group has a total shareholder equity of $1.0B and total debt of $1.4B, which brings its debt-to-equity ratio to 138.3%. Its total assets and total liabilities are $4.4B and $3.3B respectively.
Key information
138.3%
Debt to equity ratio
US$1.44b
Debt
| Interest coverage ratio | n/a |
| Cash | US$794.53m |
| Equity | US$1.04b |
| Total liabilities | US$3.34b |
| Total assets | US$4.38b |
Recent financial health updates
No updates
Recent updates
BGC Group: Entering A Growth Spurt
Nov 12BGC Group, Inc. (NASDAQ:BGC) Might Not Be As Mispriced As It Looks
Oct 07
BGC Group (NASDAQ:BGC) Has Announced A Dividend Of $0.02
Aug 03Some Shareholders Feeling Restless Over BGC Group, Inc.'s (NASDAQ:BGC) P/E Ratio
Jun 24Sentiment Still Eluding BGC Group, Inc. (NASDAQ:BGC)
Jan 07Some Shareholders Feeling Restless Over BGC Group, Inc.'s (NASDAQ:BGC) P/E Ratio
Jul 05Financial Position Analysis
Short Term Liabilities: BGC's short term assets ($2.9B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: BGC's short term assets ($2.9B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: BGC's net debt to equity ratio (62.1%) is considered high.
Reducing Debt: BGC's debt to equity ratio has increased from 136.5% to 138.3% over the past 5 years.
Debt Coverage: BGC's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: Insufficient data to determine if BGC's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 15:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BGC Group, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacqueline Dupuis | BMO Capital Markets Equity Research |
| Gautam Sawant | Credit Suisse |
| Daniel Harris | Goldman Sachs |