The Artisanal Spirits Co (FRA:045) Cash-to-Debt : 0.42 (As of Dec. 2023)

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What is The Artisanal Spirits Co 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. The Artisanal Spirits Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.42.

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, The Artisanal Spirits Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:045' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.63 Max: 1.39
Current: 0.42

During the past 6 years, The Artisanal Spirits Co's highest Cash to Debt Ratio was 1.39. The lowest was 0.26. And the median was 0.63.

FRA:045's Cash-to-Debt is ranked worse than
53.37% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 0.505 vs FRA:045: 0.42

The Artisanal Spirits Co Cash-to-Debt Historical Data

The historical data trend for The Artisanal Spirits Co'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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The Artisanal Spirits Co Cash-to-Debt Chart

The Artisanal Spirits Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.91

1.39

0.56

0.70

0.42

The Artisanal Spirits Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					0.56	1.20	0.70	0.48	0.42

Competitive Comparison of The Artisanal Spirits Co's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, The Artisanal Spirits Co'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.

The Artisanal Spirits Co's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Artisanal Spirits Co's Cash-to-Debt distribution charts can be found below:

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

The Artisanal Spirits Co 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.

The Artisanal Spirits Co'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)
	=	1.434	/	(0.446	+	2.989)
	=	0.42

The Artisanal Spirits Co's Cash to Debt Ratio for the quarter 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)
	=	1.434	/	(0.446	+	2.989)
	=	0.42

The Artisanal Spirits Co (FRA:045) 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.

The Artisanal Spirits Co Cash-to-Debt Related Terms

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The Artisanal Spirits Co (FRA:045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Artisanal Spirits Co PLC (FRA:045) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ART:UK

Address

87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ

Website

https://www.artisanal-spirits.com

The Artisanal Spirits Co PLC is a curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership. It offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co (FRA:045) Headlines

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