Acreage Holdings (Acreage Holdings) Cash-to-Debt : 0.05 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Acreage 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. Acreage Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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, Acreage Holdings 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 Acreage Holdings's Cash-to-Debt or its related term are showing as below:

ACRGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.28
Current: 0.05

During the past 7 years, Acreage Holdings's highest Cash to Debt Ratio was 0.28. The lowest was 0.00. And the median was 0.13.

ACRGF's Cash-to-Debt is ranked worse than
89.79% of 1048 companies
in the Drug Manufacturers industry
Industry Median: 0.945 vs ACRGF: 0.05

Acreage Holdings Cash-to-Debt Historical Data

The historical data trend for Acreage 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.

Acreage Holdings Cash-to-Debt Chart

Acreage Holdings Annual Data

Trend

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.28

0.16

0.22

0.10

0.05

Acreage Holdings 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															0.10	0.06	0.06	0.06	0.05

Competitive Comparison of Acreage Holdings's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Acreage 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.

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

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

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

Acreage 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.

Acreage Holdings'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)
	=	13.631	/	(6.589	+	250.103)
	=	0.05

Acreage Holdings'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)
	=	13.631	/	(6.589	+	250.103)
	=	0.05

Acreage Holdings (OTCPK:ACRGF) 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.

Acreage Holdings Cash-to-Debt Related Terms

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

Acreage Holdings (Acreage Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ACRHF:USA ACRDF:USA 0VZ1:Germany ACRG.A.U:Canada ACRG.B.U:Canada

Address

450 Lexington Avenue, Suite 3308, New York, NY, USA, 10163

Website

https://www.acreageholdings.com

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South. The Company operates under one operating segment, which is: the production and sale of cannabis products.