AXIL (AXIL Brands) Cash-to-Debt : 25.45 (As of Aug. 2024)

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What is AXIL Brands 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. AXIL Brands's cash to debt ratio for the quarter that ended in Aug. 2024 was 25.45.

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, AXIL Brands could pay off its debt using the cash in hand for the quarter that ended in Aug. 2024.

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

AXIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62 Med: 19.23 Max: No Debt
Current: 25.45

During the past 8 years, AXIL Brands's highest Cash to Debt Ratio was No Debt. The lowest was 0.62. And the median was 19.23.

AXIL's Cash-to-Debt is ranked better than
85.24% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs AXIL: 25.45

AXIL Brands Cash-to-Debt Historical Data

The historical data trend for AXIL Brands'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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AXIL Brands Cash-to-Debt Chart

AXIL Brands Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

May24

Cash-to-Debt

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1.09

1.69

1.82

17.58

17.78

AXIL Brands Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															20.83	27.10	24.20	17.78	25.45

Competitive Comparison of AXIL Brands's Cash-to-Debt

For the Consumer Electronics subindustry, AXIL Brands'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.

AXIL Brands's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AXIL Brands's Cash-to-Debt distribution charts can be found below:

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

AXIL Brands 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.

AXIL Brands's Cash to Debt Ratio for the fiscal year that ended in May. 2024 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)
	=	3.254	/	(0.183	+	0)
	=	17.78

AXIL Brands's Cash to Debt Ratio for the quarter that ended in Aug. 2024 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)
	=	4.149	/	(0.163	+	0)
	=	25.45

AXIL Brands (AMEX:AXIL) 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.

AXIL Brands Cash-to-Debt Related Terms

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AXIL Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AXIL Brands Inc (AMEX:AXIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 E 13065, Suite 101, Draper, UT, USA, 84020

Website

https://www.goaxil.com

AXIL Brands Inc is a company which is is a manufacturer and marketer of premium hearing enhancement and protection products, including ear plugs, earmuffs, and ear buds, under the AXIL brand. AXIL delivers top hearing enhancement, protection, & audio devices. From ultra comfortable fitting processes, to stereo quality sound performance, to reliable & durable engineering.

Executives

Nancy Hundt	director	C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON STREET, CITY OF INDUSTRY CA 91748
Jeff Toghraie	director, 10 percent owner, officer: Chairman, CEO	C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON ST, INDUSTRY CA 91748
Monica Diaz Brickell	officer: Chief Financial Officer	901 FREMONT AVE., UNIT 158 AND 168, ALHAMBRA CA 92024
Jeffrey B. Brown	officer: Chief Operating Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Meenu Jain	officer: Chief Financial Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Christopher Go	officer: Chief Financial Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Donald Starace	officer: President	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Intrepid Global Advisors, Inc.	10 percent owner	325 N. MAPLE DRIVE, #5114, BEVERLY HILLS CA 90210
Shircoo, Inc.	10 percent owner	2350 ALLVIEW TERRACE EAST, LOS ANGELES CA 90068