Delivra Health Brands (TSXV:DHB) Cash-to-Debt : 1.54 (As of Dec. 2023)

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What is Delivra Health 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. Delivra Health Brands's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.54.

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, Delivra Health Brands 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 Delivra Health Brands's Cash-to-Debt or its related term are showing as below:

TSXV:DHB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 95.34 Max: No Debt
Current: 1.54

During the past 13 years, Delivra Health Brands's highest Cash to Debt Ratio was No Debt. The lowest was 0.21. And the median was 95.34.

TSXV:DHB's Cash-to-Debt is ranked better than
57.31% of 1047 companies
in the Drug Manufacturers industry
Industry Median: 0.95 vs TSXV:DHB: 1.54

Delivra Health Brands Cash-to-Debt Historical Data

The historical data trend for Delivra Health 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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Delivra Health Brands Cash-to-Debt Chart

Delivra Health Brands Annual Data

Trend

Dec14

Dec15

Dec16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

84.59

0.24

2.38

0.53

1.40

Delivra Health Brands 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															2.00	1.54	1.40	1.48	1.54

Competitive Comparison of Delivra Health Brands's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Delivra Health 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.

Delivra Health Brands's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Delivra Health Brands's Cash-to-Debt distribution charts can be found below:

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

Delivra Health 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.

Delivra Health Brands'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)
	=	2.732	/	(0.253	+	1.704)
	=	1.40

Delivra Health Brands'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)
	=	3.077	/	(0.322	+	1.671)
	=	1.54

Delivra Health Brands (TSXV:DHB) 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.

Delivra Health Brands Cash-to-Debt Related Terms

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

Delivra Health Brands (TSXV:DHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Delivra Health Brands Inc (TSXV:DHB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DHBUF:USA U01:Germany

Address

999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2

Website

https://www.delivrahealthbrands.com

Delivra Health Brands Inc helping people take control of health with alternative wellness solutions. Its portfolio features brands like Dream Water and LivRelief that deliver relief from common, everyday issues like chronic pain, anxiety, and sleeplessness. The principal activities of the company are to provide lifestyle and health and wellness products to consumers and patients in regulated markets. The company geographically operates in Canada and United States, out of which it generates maximum revenue from Unites States.

Delivra Health Brands (TSXV:DHB) Headlines

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