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Annie's Inc (NYSE:BNNY)
Cash to Debt Ratio
No Debt (As of Jun. 2014)

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. Annie's Inc's cash to debt ratio for the quarter that ended in Jun. 2014 was No Debt.

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, Annie's Inc could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

Definition

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Annie's Inc's Cash to Debt Ratio for the fiscal year that ended in Mar. 2014 is calculated as:

Annie's Inc's Cash to Debt Ratio for the quarter that ended in Jun. 2014 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Annie's Inc Annual Data

 Mar10 Mar11 Mar12 Mar13 Mar14 cash2debt 0.00 0.00 0.00 0.00 0.00 1.46 No Debt 0.04 0.70 No Debt

Annie's Inc Quarterly Data

 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 cash2debt 0.04 No Debt No Debt No Debt 0.70 223.14 No Debt No Debt No Debt No Debt
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