Flanigan'S Enterprises (Flanigan'S Enterprises) Cash-to-Debt : 0.53 (As of Dec. 2023)

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What is Flanigan'S Enterprises 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. Flanigan'S Enterprises's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.53.

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, Flanigan'S Enterprises 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 Flanigan'S Enterprises's Cash-to-Debt or its related term are showing as below:

BDL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 0.74 Max: 1.05
Current: 0.53

During the past 13 years, Flanigan'S Enterprises's highest Cash to Debt Ratio was 1.05. The lowest was 0.41. And the median was 0.74.

BDL's Cash-to-Debt is ranked better than
58.65% of 341 companies
in the Restaurants industry
Industry Median: 0.4 vs BDL: 0.53

Flanigan'S Enterprises Cash-to-Debt Historical Data

The historical data trend for Flanigan'S Enterprises'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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Flanigan'S Enterprises Cash-to-Debt Chart

Flanigan'S Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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1.05

0.55

0.64

0.75

0.50

Flanigan'S Enterprises Quarterly Data
	Mar19	Jun19	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															0.80	0.71	0.52	0.50	0.53

Competitive Comparison of Flanigan'S Enterprises's Cash-to-Debt

For the Restaurants subindustry, Flanigan'S Enterprises'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.

Flanigan'S Enterprises's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Flanigan'S Enterprises's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Flanigan'S Enterprises's Cash-to-Debt falls into.

Flanigan'S Enterprises 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.

Flanigan'S Enterprises's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	25.532	/	(3.68	+	47.683)
	=	0.50

Flanigan'S Enterprises'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)
	=	26.897	/	(3.723	+	46.746)
	=	0.53

Flanigan'S Enterprises (AMEX:BDL) 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.

Flanigan'S Enterprises Cash-to-Debt Related Terms

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Flanigan'S Enterprises (Flanigan'S Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Flanigan'S Enterprises Inc (AMEX:BDL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0DY:Germany

Address

5059 N.E. 18th Avenue, Fort Lauderdale, FL, USA, 33334

Website

https://www.flanigans.net

Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.

Executives

E. Mary Bennett	director	2168 CENTERVIEW CT N, CLEARWATER FL 33759
Christopher Barry Oneil	director	4101 NE 26TH AVENUE, LIGHTHOUSE POINT FL 33064
August Bucci	director, officer: Chief Operating Officer	13078 NORTHWEST 23RD ST, PEMBROKE PINES FL 33028
James Ii Flanigan	director, officer: President	5059 NORTHEAST 18TH AVE, FORT LAUDERDALE FL 33334
Jeffrey D Kastner	director, officer: CFO & Secretary	5059 N.E. 18TH AVENUE, FORT LAUDERDALE FL 33334
Christopher Jeff Nelms	director	724 SE 17TH TERRACE, DEERFIELD BEACH FL 33441
Michael B Flanigan	director	601 OVERLOOK DRIVE, STUART FL 34994
Barbara J Kronk	director	9990 N.W. 39TH STREET, HOLLYWOOD FL 33024
Jean Picard	officer: VP of Package Operations	8351 NORTHWEST 166TH TERRACE, MIAMI FL 33016
Patrick J Flanigan	director	1750 NORTHWEST RIVER TRAIL, STUART FL 34994
Joseph G Flanigan	director, officer: Chariman & CEO	6 GATEHOUSE ROAD, SEA RANCH LAKES FL 33308