Smart Good Things Holding (XPAR:MLSGT) Cash-to-Debt : 0.06 (As of Jun. 2023)

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What is Smart Good Things Holding 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. Smart Good Things Holding's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.06.

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, Smart Good Things Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Smart Good Things Holding's Cash-to-Debt or its related term are showing as below:

XPAR:MLSGT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.06
Current: 0.06

During the past 2 years, Smart Good Things Holding's highest Cash to Debt Ratio was 0.06. The lowest was 0.04. And the median was 0.05.

XPAR:MLSGT's Cash-to-Debt is ranked worse than
86.36% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XPAR:MLSGT: 0.06

Smart Good Things Holding Cash-to-Debt Historical Data

The historical data trend for Smart Good Things Holding'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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Smart Good Things Holding Cash-to-Debt Chart

Smart Good Things Holding Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

0.90

0.04

Smart Good Things Holding Semi-Annual Data
	Jun22	Dec22	Jun23
Cash-to-Debt	N/A	0.04	0.06

Competitive Comparison of Smart Good Things Holding's Cash-to-Debt

For the Packaged Foods subindustry, Smart Good Things Holding'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.

Smart Good Things Holding's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Smart Good Things Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Smart Good Things Holding's Cash-to-Debt falls into.

Smart Good Things Holding 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.

Smart Good Things Holding's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.187	/	(4.742	+	0.486)
	=	0.04

Smart Good Things Holding's Cash to Debt Ratio for the quarter 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)
	=	0.386	/	(1.318	+	4.808)
	=	0.06

Smart Good Things Holding (XPAR:MLSGT) 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.

Smart Good Things Holding Cash-to-Debt Related Terms

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Smart Good Things Holding (XPAR:MLSGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Smart Good Things Holding SA (XPAR:MLSGT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Rue Bernard Palissy, Puteaux-la-Defense, FRA, 92800

Website

https://smartgoodthings.com

Smart Good Things Holding SA is a holding company organized mainly around two business segments namely production of powdered preparations for nutritional instant drinks and development of a concierge service platform dedicated to the elderly: a platform offering services related to assistance in the small daily tasks, food shopping, support in the daily procedures.

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