NEPTF (Neptune Wellness Solutions) Cash-to-Debt : 0.04 (As of Dec. 2023)

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What is Neptune Wellness Solutions 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. Neptune Wellness Solutions's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

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, Neptune Wellness Solutions 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 Neptune Wellness Solutions's Cash-to-Debt or its related term are showing as below:

NEPTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 1.9 Max: 14.17
Current: 0.04

During the past 13 years, Neptune Wellness Solutions's highest Cash to Debt Ratio was 14.17. The lowest was 0.04. And the median was 1.90.

NEPTF's Cash-to-Debt is ranked worse than
92.26% of 1021 companies
in the Drug Manufacturers industry
Industry Median: 0.94 vs NEPTF: 0.04

Neptune Wellness Solutions Cash-to-Debt Historical Data

The historical data trend for Neptune Wellness Solutions'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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Neptune Wellness Solutions Cash-to-Debt Chart

Neptune Wellness Solutions Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

3.66

3.48

4.15

0.61

0.08

Neptune Wellness Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.08	0.05	0.16	0.04

Competitive Comparison of Neptune Wellness Solutions's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Neptune Wellness Solutions'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.

Neptune Wellness Solutions's Cash-to-Debt Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Neptune Wellness Solutions's Cash-to-Debt falls into.

Neptune Wellness Solutions 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.

Neptune Wellness Solutions's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	2.011	/	(7.878	+	17.431)
	=	0.08

Neptune Wellness Solutions'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)
	=	1.251	/	(26.324	+	1.816)
	=	0.04

Neptune Wellness Solutions (OTCPK:NEPTF) 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.

Neptune Wellness Solutions Cash-to-Debt Related Terms

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Neptune Wellness Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Neptune Wellness Solutions Inc (OTCPK:NEPTF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

545 Promenade du Centropolis, Suite 100, Laval, QC, CAN, H7T 0A3

Website

https://www.neptunecorp.com

Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. It focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 27,000 retail locations and include well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels.

Executives

Neptune Securities Settlement Fund	10 percent owner	C/O POMERANTZ LLP, 10 S. LASALLE ST., SUITE 3505, CHICAGO IL 60603
Raymond Silcock	officer: Chief Financial Officer	399 JEFFERSON ROAD, PARSIPPANY NJ 07054
Philip H Sanford	director	C/O CHATTEM INC, 1715 WEST 38TH STREET, CHATTANOOGA TN 37409
John Wirt	officer: See Remarks	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Michael Cammarata	director, officer: See Remarks	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Randy Weaver	officer: Chief Financial Officer	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Jessica Adkins	officer: See Remarks	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Cecil Demorris Brown	officer: See Remarks	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Joseph Buaron	director	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Julie Phillips	director	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Ronald Denis	director	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Emily Fletty	officer: See Remarks	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Geus Michael De	director	100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Blumont Capital Corp	10 percent owner	70 UNIVERSITY AVENUE, SUITE 1200, TORONTO A6 M5J 2M4