KushCo Holdings (KushCo Holdings) Cash-to-Debt : 0.46 (As of May. 2021)

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What is KushCo Holdings 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. KushCo Holdings's cash to debt ratio for the quarter that ended in May. 2021 was 0.46.

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, KushCo Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2021.

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

KSHB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 1 Max: 38.28
Current: 0.46

During the past 7 years, KushCo Holdings's highest Cash to Debt Ratio was 38.28. The lowest was 0.13. And the median was 1.00.

KSHB's Cash-to-Debt is not ranked
in the Packaging & Containers industry.
Industry Median: 0.42 vs KSHB: 0.46

KushCo Holdings Cash-to-Debt Historical Data

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

KushCo Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Cash-to-Debt

Get a 7-Day Free Trial

17.41

1.27

12.36

0.13

0.47

KushCo Holdings Quarterly Data
	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21
Cash-to-Debt	Get a 7-Day Free Trial															0.43	0.47	0.23	1.26	0.46

Competitive Comparison of KushCo Holdings's Cash-to-Debt

For the Packaging & Containers subindustry, KushCo Holdings'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.

KushCo Holdings's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, KushCo Holdings's Cash-to-Debt distribution charts can be found below:

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

KushCo Holdings 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.

KushCo Holdings's Cash to Debt Ratio for the fiscal year that ended in Aug. 2020 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)
	=	10.476	/	(22.275	+	0)
	=	0.47

KushCo Holdings's Cash to Debt Ratio for the quarter that ended in May. 2021 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)
	=	1.102	/	(2.373	+	0)
	=	0.46

KushCo Holdings (OTCPK:KSHB) 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.

KushCo Holdings Cash-to-Debt Related Terms

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KushCo Holdings (KushCo Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » KushCo Holdings Inc (OTCPK:KSHB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6261 Katella Avenue, Suite 250, Cypress, CA, USA, 90630

Website

https://www.kushco.com

KushCo Holdings Inc is engaged in marketing and selling of customized packaging products, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions to customers operating in the regulated medical and recreational cannabis industries. The firm's packaging products consist of bottles, bags, tubes, and containers. Its subsidiaries and brands provide product quality, customer service, compliance knowledge and a local presence in serving its diverse customer base. The firm has sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe.

Executives

Stephen Christoffersen	officer: Chief Financial Officer	6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
Peter A. Kadens	director	C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Nicholas Kovacevich	director, officer: Chairman and CEO	2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660
Oliveira Rodrigo De	officer: Chief Operating Officer	C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841
Donald H Hunter	director	C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109
Barbara Goodstein	director	23 MAIN STREET, HOLMDEL NJ 07733
Dallas Imbimbo	director	1800 NEWPORT CIRCLE, SANTA ANA CA 92705
Eric Baum	director	866 BERKSHIRE DRIVE, WESTBURY NY 11590
Christopher Tedford	officer: Chief Financial Officer	C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jason Vegotsky	officer: Chief Revenue Officer	C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jim Mccormick	officer: CFO and COO	1800 NEWPORT CIRCLE SANTA ANA CA 92705
Ben Wu	other: Consultant, Former COO	1800 NEWPORT CIRCLE SANTA ANA CA 92705
Chris Martin	other: None	1800 NEWPORT CIRCLE SANTA ANA CA 92705
Greg Gamet	other: None	3539 GAYLORD STREET DENVER CO 80205
Jeffrey Meng	10 percent owner	17595 HARVARD STREET C552 IRVINE CA 92614