Fruitas Holdings (PHS:FRUIT) Cash-to-Debt : 1.84 (As of Dec. 2023)

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What is Fruitas Holdings 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. Fruitas Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.84.

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, Fruitas Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

PHS:FRUIT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.82 Med: 1.75 Max: No Debt
Current: 1.84

During the past 9 years, Fruitas Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.82. And the median was 1.75.

PHS:FRUIT's Cash-to-Debt is ranked better than
70.46% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs PHS:FRUIT: 1.84

Fruitas Holdings Cash-to-Debt Historical Data

The historical data trend for Fruitas Holdings'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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Fruitas Holdings Cash-to-Debt Chart

Fruitas Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.70

1.51

0.95

1.75

1.84

Fruitas Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.75	1.91	2.06	2.03	1.84

Competitive Comparison of Fruitas Holdings's Cash-to-Debt

For the Packaged Foods subindustry, Fruitas Holdings'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.

Fruitas Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

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

Fruitas Holdings 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.

Fruitas Holdings'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)
	=	642.891	/	(321.992	+	27.752)
	=	1.84

Fruitas Holdings'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)
	=	642.891	/	(321.992	+	27.752)
	=	1.84

Fruitas Holdings (PHS:FRUIT) 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.

Fruitas Holdings Cash-to-Debt Related Terms

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

Fruitas Holdings (PHS:FRUIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fruitas Holdings Inc (PHS:FRUIT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Cordillera Street, Corner East, Rodriguez Sr. Avenue, Barangay Dona Josefa, Quezon City, PHL, 1113

Website

https://www.fruitasholdings.com

Fruitas Holdings Inc is a holding company of food and beverage community store and kiosk operators with active brands across its portfolio. The company serves Philippine consumers daily with fresh fruit shakes and juices, lemonade, coolers, milk tea, desserts, meat-filled pastries, soya-based products, baked goods, and Lechon (roasted pig), among other products.

Fruitas Holdings (PHS:FRUIT) Headlines

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