Maple Leaf Foods (Maple Leaf Foods) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is Maple Leaf Foods 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. Maple Leaf Foods's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Maple Leaf Foods 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 Maple Leaf Foods's Cash-to-Debt or its related term are showing as below:

MLFNF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.15 Max: 26.11
Current: 0.1

During the past 13 years, Maple Leaf Foods's highest Cash to Debt Ratio was 26.11. The lowest was 0.05. And the median was 0.15.

MLFNF's Cash-to-Debt is ranked worse than
81% of 1853 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs MLFNF: 0.10

Maple Leaf Foods Cash-to-Debt Historical Data

The historical data trend for Maple Leaf Foods'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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Maple Leaf Foods Cash-to-Debt Chart

Maple Leaf Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.10

0.11

0.05

0.10

Maple Leaf Foods 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															0.05	0.04	0.07	0.10	0.10

Competitive Comparison of Maple Leaf Foods's Cash-to-Debt

For the Packaged Foods subindustry, Maple Leaf Foods'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.

Maple Leaf Foods's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Maple Leaf Foods's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Maple Leaf Foods's Cash-to-Debt falls into.

Maple Leaf Foods 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.

Maple Leaf Foods'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)
	=	151.582	/	(327.047	+	1261.453)
	=	0.10

Maple Leaf Foods'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)
	=	151.582	/	(327.047	+	1261.453)
	=	0.10

Maple Leaf Foods (OTCPK:MLFNF) 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.

Maple Leaf Foods Cash-to-Debt Related Terms

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Maple Leaf Foods (Maple Leaf Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Maple Leaf Foods Inc (OTCPK:MLFNF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

M1L:Germany MFI:Canada

Address

6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1

Website

http://www.mapleleaffoods.com

Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.