Ultra Brands (Ultra Brands) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Ultra 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. Ultra Brands's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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, Ultra Brands couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FLLLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 9.4
Current: 0.01

During the past 8 years, Ultra Brands's highest Cash to Debt Ratio was 9.40. The lowest was 0.01. And the median was 0.09.

FLLLF's Cash-to-Debt is ranked worse than
96.48% of 1873 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs FLLLF: 0.01

Ultra Brands Cash-to-Debt Historical Data

The historical data trend for Ultra 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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Ultra Brands Cash-to-Debt Chart

Ultra Brands Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.04

0.97

0.51

0.01

Ultra Brands Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.04	0.02	0.01	0.01

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

For the Farm Products subindustry, Ultra 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.

Ultra Brands's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ultra Brands's Cash-to-Debt distribution charts can be found below:

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

Ultra 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.

Ultra Brands'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)
	=	0.003	/	(0.303	+	0.03)
	=	0.01

Ultra Brands's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.003	/	(0.36	+	0.03)
	=	0.01

Ultra Brands (GREY:FLLLF) 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.

Ultra Brands Cash-to-Debt Related Terms

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Ultra Brands (Ultra Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ultra Brands Ltd (GREY:FLLLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ULTA:Canada

Address

400-837 West Hastings Street, Vancouver, BC, CAN, V6C 0A6

Website

https://www.feelfoodsco.com

Ultra Brands Ltd is an agri-food holdings company focused on innovative products and technologies in the food services industry and plant-based foods line up of plant-based chicken, pork, and beef products as well as is investing in the research and development of keto-friendly plant-based candy products.