CLSH (CLS Holdings USA) Cash-to-Debt : 0.05 (As of Feb. 2025)

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What is CLS Holdings USA 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. CLS Holdings USA's cash to debt ratio for the quarter that ended in Feb. 2025 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, CLS Holdings USA couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2025.

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

CLSH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 1.43
Current: 0.05

During the past 12 years, CLS Holdings USA's highest Cash to Debt Ratio was 1.43. The lowest was 0.00. And the median was 0.08.

CLSH's Cash-to-Debt is ranked worse than
92.13% of 1004 companies
in the Drug Manufacturers industry
Industry Median: 1.02 vs CLSH: 0.05

CLS Holdings USA Cash-to-Debt Historical Data

The historical data trend for CLS Holdings USA'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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CLS Holdings USA Cash-to-Debt Chart

CLS Holdings USA Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash-to-Debt

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0.15

0.08

0.10

0.07

CLS Holdings USA Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.07	0.06	0.10	0.05

Competitive Comparison of CLS Holdings USA's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, CLS Holdings USA'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.

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

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

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

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CLS Holdings USA 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.

CLS Holdings USA'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)
	=	0.6	/	(1.97	+	6.605)
	=	0.07

CLS Holdings USA's Cash to Debt Ratio for the quarter that ended in Feb. 2025 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)
	=	0.221	/	(2.812	+	2.03)
	=	0.05

CLS Holdings USA (OTCPK:CLSH) 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.

CLS Holdings USA Cash-to-Debt Related Terms

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CLS Holdings USA Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CLSH:Canada

Address

516 South, 4th Street, Las Vegas, NV, USA, 89101

Website

https://www.clsholdingsinc.com

CLS Holdings USA Inc is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for Cannabis Life Sciences in recognition of the company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services. The company generates the majority of its revenues and corresponding accounts receivable from the sale of cannabis, and cannabis related products.

Executives

Ross Silver	director	516 SW 13TH STREET, SUITE 201, BEND OR 97702
Frank Koretsky	director, 10 percent owner	C/O 11767 SOUTH DIXIE HIGHWAY, #115, MIAMI FL 33156
Navy Capital Green Management Llc	10 percent owner, other: See Remark(1)	482 BAYBERRY LANE, MOUNTAINSIDE NJ 07092
Tribeca Investment Partners Pty Ltd	10 percent owner	LEVEL 23, 1 O'CONNELL STREET, SYDNEY C3 2000
Andrew Glashow	director	1C BOWENS LANDING, NEWPORT RI 02840
David Zelinger	director	C/O CLS HOLDINGS USA, INC., 11767 SOUTH DIXIE HIGHWAY, SUITE 115, MIAMI FL 33156
Charlene Soco	officer: Executive VP of Finance	C/O CLS HOLDINGS USA, INC., 11767 SOUTH DIXIE HIGHWAY, SUITE 115, MIAMI FL 33156
Chetan Gulati	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
Todd V Swanson	10 percent owner	10120 W. FLAMINGO ROAD, #4333, LAS VEGAS NV 89147
Gregg E. Carlson	officer: Chief Financial Officer	2342 MALAGA PEAK STREET, LAS VEGAS NV 89135
Navy Capital Green Co-invest Partners Llc	10 percent owner, other: See Remark(1)	28 REICHERT CIRCLE, WESTPORT CT 06880
Navy Capital Green Co-invest Fund, Llc	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
Navy Capital Green Management Partners Llc	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
John Kaden	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
Sean Stiefel	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880