Lifeist Wellness (Lifeist Wellness) Cash-to-Debt : 1.40 (As of Feb. 2024)

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What is Lifeist Wellness 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. Lifeist Wellness's cash to debt ratio for the quarter that ended in Feb. 2024 was 1.40.

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, Lifeist Wellness could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

LFSWD' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.15 Med: 32.63 Max: No Debt
Current: 1.4

During the past 13 years, Lifeist Wellness's highest Cash to Debt Ratio was No Debt. The lowest was 1.15. And the median was 32.63.

LFSWD's Cash-to-Debt is ranked better than
55.54% of 1001 companies
in the Drug Manufacturers industry
Industry Median: 0.96 vs LFSWD: 1.40

Lifeist Wellness Cash-to-Debt Historical Data

The historical data trend for Lifeist Wellness'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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Lifeist Wellness Cash-to-Debt Chart

Lifeist Wellness Annual Data

Trend

Mar14

Mar15

Aug16

Aug17

Aug18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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1,906.60

13.58

22.99

11.53

1.15

Lifeist Wellness Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															11.53	6.48	1.93	1.15	1.40

Competitive Comparison of Lifeist Wellness's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Lifeist Wellness'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.

Lifeist Wellness's Cash-to-Debt Distribution in the Drug Manufacturers Industry

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

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

Lifeist Wellness 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.

Lifeist Wellness's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	1.061	/	(0.29	+	0.634)
	=	1.15

Lifeist Wellness's Cash to Debt Ratio for the quarter that ended in Feb. 2024 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)
	=	1.222	/	(0.263	+	0.608)
	=	1.40

Lifeist Wellness (OTCPK:LFSWD) 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.

Lifeist Wellness Cash-to-Debt Related Terms

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Lifeist Wellness (Lifeist Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:LFSWD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

M5B:Germany LFST:Canada

Address

18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8

Website

https://www.lifeist.com

Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes: CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Findify, an artificial intelligence-powered technology platform, delivering solutions such as personalized search, recommendations, and advanced data analytics; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company.