LUFFF (Herbal Dispatch) Cash-to-Debt : 0.22 (As of Sep. 2024)

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What is Herbal Dispatch 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. Herbal Dispatch's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.22.

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, Herbal Dispatch couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

LUFFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 8.3 Max: No Debt
Current: 0.22

During the past 13 years, Herbal Dispatch's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 8.30.

LUFFF's Cash-to-Debt is ranked worse than
74.73% of 1021 companies
in the Drug Manufacturers industry
Industry Median: 0.94 vs LUFFF: 0.22

Herbal Dispatch Cash-to-Debt Historical Data

The historical data trend for Herbal Dispatch'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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Herbal Dispatch Cash-to-Debt Chart

Herbal Dispatch Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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89.68

0.89

8.60

1.29

0.14

Herbal Dispatch 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															0.18	0.14	0.13	0.43	0.22

Competitive Comparison of Herbal Dispatch's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Herbal Dispatch'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.

Herbal Dispatch's Cash-to-Debt Distribution in the Drug Manufacturers Industry

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

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

Herbal Dispatch 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.

Herbal Dispatch'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)
	=	0.165	/	(0.184	+	1.023)
	=	0.14

Herbal Dispatch'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)
	=	0.274	/	(0.934	+	0.3)
	=	0.22

Herbal Dispatch (OTCPK:LUFFF) 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.

Herbal Dispatch Cash-to-Debt Related Terms

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Herbal Dispatch Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Herbal Dispatch Inc (OTCPK:LUFFF) » Definitions » Cash-to-Debt

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HERB:Canada

Address

1055 West Georgia Street, Suite 1750, Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

https://www.herbaldispatch.com

Herbal Dispatch Inc owns and operates cannabis e-commerce platforms in both Canada and the United States and is dedicated to providing top-quality cannabis to informed consumers at affordable pricing. The company's flagship cannabis marketplace, Herbal Dispatch, is a trusted source for exclusive access to small-batch craft cannabis flowers and a wide array of other product formats. It generates revenue in one reportable segment: cannabis and cannabis-related products. Geographically, the company generates a majority of its revenue from Canada.