Australian Agricultural Co (Australian Agricultural Co) Cash-to-Debt

: 0.01 (As of Sep. 2023)

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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. Australian Agricultural Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.01.

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, Australian Agricultural Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

ASAGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.25
Current: 0.01

During the past 13 years, Australian Agricultural Co's highest Cash to Debt Ratio was 0.25. The lowest was 0.01. And the median was 0.03.

ASAGF's Cash-to-Debt is ranked worse than
96.96% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs ASAGF: 0.01

Australian Agricultural Co Cash-to-Debt Historical Data

The historical data trend for Australian Agricultural Co'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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Australian Agricultural Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.02

0.04

0.02

0.01

Australian Agricultural Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt																0.03	0.02	0.02	0.01	0.01

Competitive Comparison

For the Farm Products subindustry, Australian Agricultural Co'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.

Australian Agricultural Co Cash-to-Debt Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Australian Agricultural Co's Cash-to-Debt falls into.

Australian Agricultural Co 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.

Australian Agricultural Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	2.683	/	(8.275	+	278.785)
	=	0.01

Australian Agricultural Co's Cash to Debt Ratio for the quarter 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)
	=	3.934	/	(9.137	+	285.589)
	=	0.01

Australian Agricultural Co (OTCPK:ASAGF) 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.

Australian Agricultural Co Cash-to-Debt Related Terms

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Australian Agricultural Co (Australian Agricultural Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Agricultural Co Ltd (OTCPK:ASAGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AAYYY:USA AY5:Germany AAC:Australia

Address

76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006

Website

https://www.aaco.com.au

Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.