Weed (BUDZ) Cash-to-Debt : 0.03 (As of Sep. 2024)

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What is Weed 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. Weed's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.03.

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, Weed couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BUDZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 7.08
Current: 0.03

During the past 13 years, Weed's highest Cash to Debt Ratio was 7.08. The lowest was 0.01. And the median was 0.12.

BUDZ's Cash-to-Debt is ranked worse than
93.64% of 1022 companies
in the Drug Manufacturers industry
Industry Median: 0.935 vs BUDZ: 0.03

Weed Cash-to-Debt Historical Data

The historical data trend for Weed'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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Weed Cash-to-Debt Chart

Weed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.04

0.03

0.42

1.73

Weed Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															3.50	1.73	0.65	0.10	0.03

Competitive Comparison of Weed's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Weed'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.

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

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

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

Weed 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.

Weed'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)
	=	0.29	/	(0.168	+	0)
	=	1.73

Weed's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.005	/	(0.161	+	0)
	=	0.03

Weed (OTCPK:BUDZ) 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.

Weed Cash-to-Debt Related Terms

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Weed Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Weed Inc (OTCPK:BUDZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4920 North Post Trail, Tucson, AZ, USA, 85750

Website

https://www.weedincusa.com

Weed Inc is working on or planning for several different business opportunities in the cannabis and hemp field, including, but not limited to both indoor and outdoor grows, cultivations, and harvest for research, product development, processing, and manufacturing of both Pharma and non-Pharma products, services, therapeutics, and treatments on a global basis for both the Medical Cannabis and Hemp global market space.

Executives

Nicole M Breen	director, 10 percent owner, officer: Secretary/Treasurer	4920 N. POST TRAIL, TUCSON AZ 85750
Elliot Kwestel	director	5 AUERBACH LANE, LAWRENCE NY 11559
Lawrence G Dykers	director	11924 N CENTAURUS PLACE, ORO VALLEY AZ 85737
Glynn A Burkhardt	director, 10 percent owner, officer: Senior Vice President	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Roger Mccaslin	director	11924 N. CENTAURUS PLACE, ORO VALLEY AZ 85737
Glenn E. Martin	director, 10 percent owner, officer: President and Chairman of BOD	4920 N. POST TRAIL, TUCSON AZ 85750
Robert A Metz	director, officer: Vice President	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Robert A Leitzman	director, officer: CFO, CAO and V.P.	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Glynn A. Burkhardt	director, 10 percent owner, officer: Senior V.P.	11924 N. CENTAURUS PLACE, ORO VALLEY AZ 85737
Donald J Steinberg	director, officer: Former Officer and Director	3223 SUMAC ROAD, FALLBROOK CA 92028