Hiro Brands (ASX:HRO) Cash-to-Debt : 0.00 (As of Dec. 2021)

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What is Hiro Brands 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. Hiro Brands's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.00.

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, Hiro Brands couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

ASX:HRO's Cash-to-Debt is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.52
* Ranked among companies with meaningful Cash-to-Debt only.

Hiro Brands Cash-to-Debt Historical Data

The historical data trend for Hiro Brands'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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Hiro Brands Cash-to-Debt Chart

Hiro Brands Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Cash-to-Debt

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0.07

0.26

0.20

0.01

Hiro Brands Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Cash-to-Debt	Get a 7-Day Free Trial								0.20	0.02	0.01	-	-

Competitive Comparison of Hiro Brands's Cash-to-Debt

For the Household & Personal Products subindustry, Hiro Brands'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.

Hiro Brands's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hiro Brands's Cash-to-Debt distribution charts can be found below:

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

Hiro Brands 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.

Hiro Brands's Cash to Debt Ratio for the fiscal year that ended in Jun. 2022 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)
	=	0.004	/	(4.302	+	0)
	=	0.00

Hiro Brands's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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)
	=	0	/	(0.126	+	0)
	=	0.00

Hiro Brands (ASX:HRO) 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.

Hiro Brands Cash-to-Debt Related Terms

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

Hiro Brands (ASX:HRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hiro Brands Ltd (ASX:HRO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Dalmore Drive, Scoresby, Melbourne, VIC, AUS, 3179

Website

https://www.hirobrands.com

Hiro Brands Ltd provides a range of trusted and quality home care, personal care and cosmetic care products. The consumer products manufacturing includes ranges in skin and sun care, cosmetics, personal care, household cleaning. The company also markets a wide range of colour cosmetics and an impressive portfolio of exclusive distributor brands. Hiro brands include Organic Choice, Aware Sensitive, Orange Power, MUD, Ulta3, Billie Goat, Trix, Medi Manager and Actizyme.

Hiro Brands (ASX:HRO) Headlines

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