Hydrofarm Holdings Group (Hydrofarm Holdings Group) Cash-to-Debt : 0.17 (As of Dec. 2023)

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What is Hydrofarm Holdings Group 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. Hydrofarm Holdings Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.17.

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, Hydrofarm Holdings Group 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 Hydrofarm Holdings Group's Cash-to-Debt or its related term are showing as below:

HYFM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.17 Max: 3.75
Current: 0.17

During the past 6 years, Hydrofarm Holdings Group's highest Cash to Debt Ratio was 3.75. The lowest was 0.11. And the median was 0.17.

HYFM's Cash-to-Debt is ranked worse than
75.36% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.58 vs HYFM: 0.17

Hydrofarm Holdings Group Cash-to-Debt Historical Data

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

Hydrofarm Holdings Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.18

3.75

0.16

0.11

0.17

Hydrofarm Holdings Group Quarterly Data
	Dec18	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														0.11	0.10	0.14	0.17	0.17

Competitive Comparison of Hydrofarm Holdings Group's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Hydrofarm Holdings Group'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.

Hydrofarm Holdings Group's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydrofarm Holdings Group's Cash-to-Debt distribution charts can be found below:

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

Hydrofarm Holdings Group 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.

Hydrofarm Holdings Group'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)
	=	30.312	/	(12.279	+	171.652)
	=	0.16

Hydrofarm Holdings Group'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)
	=	30.312	/	(12.279	+	171.652)
	=	0.16

Hydrofarm Holdings Group (NAS:HYFM) 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.

Hydrofarm Holdings Group Cash-to-Debt Related Terms

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Hydrofarm Holdings Group (Hydrofarm Holdings Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hydrofarm Holdings Group Inc (NAS:HYFM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5TUA:Germany 5TUA:Germany

Address

1510 Main Street, Shoemakersville, PA, USA, 19526

Website

https://www.hydrofarm.com

Hydrofarm Holdings Group Inc is a distributor and manufacturer of agriculture equipment and supplies. Some of its products include lighting solutions, growing media (i.e., premium soils and soil alternatives), nutrients, equipment, and supplies sold under proprietary, exclusive/preferred brands, or non-exclusive/distributed brands. The business is organized into two operating segments, the U.S. and Canada.

Executives

William Douglas Toler	director, officer: CEO and Chairman of the Board	1 EAST ARMOUR BOULEVARD, KANSAS CITY MO 64111
Kevin Patrick O'brien	officer: Chief Accounting Officer	C/O CPI CARD GROUP INC., 10026 W. SAN JUAN WAY, SUITE 200, LITTLETON CO 80127
Terence Fitch	officer: President	32 ORLE CIR, LITTLE ROCK AR 72223
Mark S Parker	officer: Executive Vice President	C/O HYDROFARM HOLDINGS GROUP, INC., 1510 MAIN STREET, SHOEMAKERSVILLE PA 19526
Patrick Chung	director	13 CARNATION RD, THORNHILL A6 L3T 7V3
Joseph D Rumley	officer: Chief Accounting Officer	1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Renah Persofsky	director	55 PRINCE ARTHUR AVENUE, #604, TORONTO A6 M5R 1B3
Susan Peters	director	40 OLD MILITARY ROAD, HILTON HEAD SC 29928
Richard D Moss	director	1715 WEST 38TH STREET, CHATTANOOGA TN 37409
Bruce John Lindeman	officer: CFO	1500 PATHFINDER AVENUE, WESTLAKE VILLAGE CA 91362
Melisa Denis	director	627 WESTHAVEN RD., COPPELL TX 75019
Chris Payne	10 percent owner	C/O HAWTHORN EQUITY PARTNERS INC., PO BOX 1061, TORONTO DOMINION A6 M5K 1P2
John Tomes	10 percent owner	C/O HAWTHORN EQUITY PARTNERS INC., PO BOX 1061, TORONTO DOMINION A6 M5K 1P2
Peter Wardenburg	10 percent owner	3 BEYER CT., NOVATO CA 94945