Vertical Peak Holdings (Vertical Peak Holdings) Cash-to-Debt : 0.03 (As of Apr. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Vertical Peak Holdings 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. Vertical Peak Holdings's cash to debt ratio for the quarter that ended in Apr. 2023 was 0.03.

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, Vertical Peak Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2023.

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

SPLIF's Cash-to-Debt is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.945
* Ranked among companies with meaningful Cash-to-Debt only.

Vertical Peak Holdings Cash-to-Debt Historical Data

The historical data trend for Vertical Peak Holdings'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.

* Premium members only.

Vertical Peak Holdings Cash-to-Debt Chart

Vertical Peak Holdings Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Cash-to-Debt

Get a 7-Day Free Trial

0.42

0.22

0.02

0.17

0.06

Vertical Peak Holdings Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.06	0.03	0.03	0.03

Competitive Comparison of Vertical Peak Holdings's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Vertical Peak Holdings'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.

Vertical Peak Holdings's Cash-to-Debt Distribution in the Drug Manufacturers Industry

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

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

Vertical Peak Holdings 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.

Vertical Peak Holdings's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	0.585	/	(8.921	+	0.434)
	=	0.06

Vertical Peak Holdings's Cash to Debt Ratio for the quarter that ended in Apr. 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)
	=	0.22	/	(8.705	+	0.206)
	=	0.02

Vertical Peak Holdings (OTCPK:SPLIF) 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.

Vertical Peak Holdings Cash-to-Debt Related Terms

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

Vertical Peak Holdings (Vertical Peak Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vertical Peak Holdings Inc (OTCPK:SPLIF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Street West, Suite 2905, P.O. Box 121, Toronto, ON, CAN, M5K 1H1

Website

https://www.high-fusion.com

Vertical Peak Holdings Inc is focused on developing and manufacturing branded products in the cannabis industry with a specific focus on flower, pre-rolls, vapes, edibles and oil extracts for medical and adult recreational use. Vertical Peak operates and controls licenses in California, which include manufacturing, retail and cultivation operations in California. Vertical Peak's main portfolio includes the OutCo and Thrive brands that it acquired in 2021 pursuant to the acquisition of the business of OutCo.