The Fresh Factory B.C. (TSXV:FRSH) Cash-to-Debt : 0.43 (As of Dec. 2023)

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What is The Fresh Factory B.C. 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. The Fresh Factory B.C.'s cash to debt ratio for the quarter that ended in Dec. 2023 was 0.43.

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, The Fresh Factory B.C. 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 The Fresh Factory B.C.'s Cash-to-Debt or its related term are showing as below:

TSXV:FRSH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 0.49 Max: 2.84
Current: 0.43

During the past 3 years, The Fresh Factory B.C.'s highest Cash to Debt Ratio was 2.84. The lowest was 0.43. And the median was 0.49.

TSXV:FRSH's Cash-to-Debt is ranked worse than
53.65% of 1793 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs TSXV:FRSH: 0.43

The Fresh Factory B.C. Cash-to-Debt Historical Data

The historical data trend for The Fresh Factory B.C.'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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The Fresh Factory B.C. Cash-to-Debt Chart

The Fresh Factory B.C. Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

2.84

0.49

0.43

The Fresh Factory B.C. Quarterly Data
	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							0.49	0.91	0.55	0.61	0.43

Competitive Comparison of The Fresh Factory B.C.'s Cash-to-Debt

For the Packaged Foods subindustry, The Fresh Factory B.C.'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.

The Fresh Factory B.C.'s Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Fresh Factory B.C.'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Fresh Factory B.C.'s Cash-to-Debt falls into.

The Fresh Factory B.C. 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.

The Fresh Factory B.C.'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)
	=	2.034	/	(1.928	+	2.782)
	=	0.43

The Fresh Factory B.C.'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)
	=	2.034	/	(1.928	+	2.782)
	=	0.43

The Fresh Factory B.C. (TSXV:FRSH) 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.

The Fresh Factory B.C. Cash-to-Debt Related Terms

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The Fresh Factory B.C. (TSXV:FRSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Fresh Factory B.C. Ltd (TSXV:FRSH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

238 Tubeway Drive, Carol Stream, IL, USA, 60188

Website

https://www.thefreshfactory.co

The Fresh Factory B.C. Ltd is a vertically integrated company focused on accelerating the growth of plant-based and clean-label food and beverage brands. It owns or partners with emerging brands in the plant-based food and beverage space to develop, formulate, manufacture, distribute and sell products made from fresh produce and recognizable ingredients.