CWGL (Crimson Wine Group) Cash-to-Debt : 1.57 (As of Sep. 2024)

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What is Crimson Wine Group 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. Crimson Wine Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.57.

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, Crimson Wine Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

CWGL' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.02 Med: 1.66 Max: No Debt
Current: 1.57

During the past 13 years, Crimson Wine Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.02. And the median was 1.66.

CWGL's Cash-to-Debt is ranked better than
64.08% of 206 companies
in the Beverages - Alcoholic industry
Industry Median: 0.405 vs CWGL: 1.57

Crimson Wine Group Cash-to-Debt Historical Data

The historical data trend for Crimson Wine Group'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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Crimson Wine Group Cash-to-Debt Chart

Crimson Wine Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.03

1.53

2.27

1.99

1.74

Crimson Wine Group 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															1.69	1.74	1.46	1.63	1.57

Competitive Comparison of Crimson Wine Group's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Crimson Wine Group'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.

Crimson Wine Group's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Crimson Wine Group's Cash-to-Debt distribution charts can be found below:

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

Crimson Wine Group 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.

Crimson Wine Group'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)
	=	30.779	/	(1.129	+	16.542)
	=	1.74

Crimson Wine Group'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)
	=	26.336	/	(1.13	+	15.694)
	=	1.57

Crimson Wine Group (OTCPK:CWGL) 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.

Crimson Wine Group Cash-to-Debt Related Terms

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Crimson Wine Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Crimson Wine Group Ltd (OTCPK:CWGL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5901 Silverado Trail, Napa, CA, USA, 94558

Website

https://www.crimsonwinegroup.com

Crimson Wine Group Ltd is engaged in the business of producing and selling luxury wines. Its operating segments are Wholesale net sales and direct-to-consumer net sales. It generates revenues from sales of wine to wholesalers and directs to consumers, sales of bulk wine and grapes, custom winemaking services, special event fees, tasting fees, and retail sales. The company's wineries include wine brands of Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines.

Executives

Annette D. Alvarez-peters	director	C/O CRIMSON WINE GROUP, 5901 SILVERADO TRAIL, NAPA CA 94558
Luanne Dupere Tierney	director	C/O CRIMSON WINE GROUP LTD., 2700 NAPA VALLEY CORPORATE DR., SUITE B, NAPA CA 94558
Kimberly A. Benson	officer: Interim CFO	C/O CRIMSON WINE GROUP, LTD., 5901 SILVERADO TRAIL, NAPA CA 94558
John D. Cumming	director	C/O CRIMSON WINE GROUP, LTD., 5901 SILVERADO TRAIL, NAPA CA 94558
Joseph S Steinberg	director	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Rollins Colby A.	director	2700 NAPA VALLEY CORPORATE DR., STE. B, C/O CRIMSON WINE GROUP LTD., NAPA CA 94558
Jennifer L. Locke	officer: CHIEF EXECUTIVE OFFICER	C/O CRIMSON WINE GROUP, LTD., 2700 NAPA VALLEY CORPORATE DR., SUITE B, NAPA CA 94558
Teton Holdings Corp Ccs	10 percent owner	P. O. BOX 4902, JACKSON WY 83001
David Cumming	10 percent owner	1794 OLYMPIC PARKWAY, SUITE 201, PARK CITY UT 84098
Quille Nicolas Michel Eric	officer: COO	2700 NAPA VALLEY CORPORATE DR., STE. B, C/O CRIMSON WINE GROUP LTD., NAPA CA 94558
Craig Williams	director	C/O CRIMSON WINE GROUP, LTD, 5901 SILVERADO TRAIL, NAPA CA 94558
Ian M. Cumming Charitable Lead Annuity Trust	10 percent owner	P. O. BOX 4902, JACKSON WY 83001
Patrick M Delong	officer: Chief Fin. & Oper. Officer	1222 ARROYO SARCO, NAPA CA 94558
Mike S. Cekay	officer: SVP of Global Sales	C/O CRIMSON WINE GROUP, LTD, 5901 SIVERADO TRAIL, NAPA CA 94558
Karen L. Diepholz	officer: CFO	2700 NAPA VALLEY CORPORATE DR., STE. B, NAPA CA 94558