Foley Wines (NZSE:FWL) Cash-to-Debt : 0.02 (As of Dec. 2023)

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What is Foley Wines 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. Foley Wines's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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, Foley Wines couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NZSE:FWL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.12 Max: 2.89
Current: 0.02

During the past 13 years, Foley Wines's highest Cash to Debt Ratio was 2.89. The lowest was 0.00. And the median was 0.12.

NZSE:FWL's Cash-to-Debt is ranked worse than
90.95% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 0.515 vs NZSE:FWL: 0.02

Foley Wines Cash-to-Debt Historical Data

The historical data trend for Foley Wines'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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Foley Wines Cash-to-Debt Chart

Foley Wines Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.10

0.04

0.01

Foley Wines Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.13	0.01	-	-	0.02

Competitive Comparison of Foley Wines's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Foley Wines'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.

Foley Wines's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Foley Wines's Cash-to-Debt distribution charts can be found below:

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

Foley Wines 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.

Foley Wines's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.01	/	(19.615	+	56.035)
	=	0.00

Foley Wines's Cash to Debt Ratio for the quarter 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)
	=	1.36	/	(13.001	+	63.161)
	=	0.02

Foley Wines (NZSE:FWL) 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.

Foley Wines Cash-to-Debt Related Terms

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

Foley Wines (NZSE:FWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Foley Wines Ltd (NZSE:FWL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Waihopai Valley Road, RD6, Blenheim, MBH, NZL, 7276

Website

https://www.foleywines.co.nz

Foley Wines Ltd is a wine company that produces table wines and markets and sells premium wines in New Zealand and various export markets. The company's vineyards are in Marlborough and Martinborough, New Zealand. The company earns majority of its revenue from sale of bottled wines. It sells its products in New Zealand, Australia, the United States, Canada, the United Kingdom, Europe, and the rest of the world.

Foley Wines (NZSE:FWL) Headlines

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