RAVE (Rave Restaurant Group) Cash-to-Debt : 9.95 (As of Sep. 2024)

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What is Rave Restaurant Group 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. Rave Restaurant Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 9.95.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Rave Restaurant Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

RAVE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 2.02 Max: No Debt
Current: 9.95

During the past 13 years, Rave Restaurant Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was 2.02.

RAVE's Cash-to-Debt is ranked better than
94.2% of 345 companies
in the Restaurants industry
Industry Median: 0.42 vs RAVE: 9.95

Rave Restaurant Group Cash-to-Debt Historical Data

The historical data trend for Rave Restaurant Group'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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Rave Restaurant Group Cash-to-Debt Chart

Rave Restaurant Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

0.47

1.98

3.98

3.75

8.18

Rave Restaurant Group 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															4.59	4.53	5.93	8.18	9.95

Competitive Comparison of Rave Restaurant Group's Cash-to-Debt

For the Restaurants subindustry, Rave Restaurant Group'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.

Rave Restaurant Group's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Rave Restaurant Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rave Restaurant Group's Cash-to-Debt falls into.

Rave Restaurant Group 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.

Rave Restaurant Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	7.831	/	(0.402	+	0.555)
	=	8.18

Rave Restaurant Group'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)
	=	8.433	/	(0.383	+	0.465)
	=	9.94

Rave Restaurant Group (NAS:RAVE) 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.

Rave Restaurant Group Cash-to-Debt Related Terms

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Rave Restaurant Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Rave Restaurant Group Inc (NAS:RAVE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3551 Plano Parkway, The Colony, TX, USA, 75056

Website

https://www.raverg.com

Rave Restaurant Group Inc operates and franchises pizza buffet, delivery/carry-out, express restaurants, and ghost kitchens. It operates restaurants under the brand name, Pizza Inn, and Pie Five Pizza Company. It has three operating segments. The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees, and territorial rights. The company-owned restaurant segment includes sales and operating results for all company-owned restaurants. The Pizza Inn Franchising segment accounts for the company's revenue. Geographically, it generates the majority of the revenue from the United States.

Executives

Brandon Solano	officer: Chief Executive Officer	3551 PLANO PARKWAY, THE COLONY TX 75056
Hallmark Insurance Co	other: See Note 1	777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Hallmark Specialty Insurance Co	other: See Note 1	777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
American Hallmark Insurance Co Of Texas	other: See Explanation	777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Mark E Schwarz	director, 10 percent owner	5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Clinton Dayne Fendley	officer: Vice President - Finance	3551 PLANO PARKWAY, THE COLONY TX 75056
Burns Michael F Jr	officer: Chief Operating Officer	3551 PLANO PARKWAY, THE COLONY TX 75056
Andrea K. Allen	officer: Chief Acctg. & Admin. Officer	3551 PLANO PARKWAY, THE COLONY TX 75056
Robert W. Bafundo	officer: President	3551 PLANO PARKWAY, THE COLONY TX 75056
Scott Crane	officer: President & CEO	3551 PLANO PARKWAY, THE COLONY TX 75056
Brian Timothy Bares	director	12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738
Timothy E Mullany	officer: Chief Financial Officer	3551 PLANO PARKWAY, THE COLONY TX 75056
Hammett William C Jr	director	CAMPBELL CENTRE, 8350 N CENTRAL EXPRESSWAY STE 1900, DALLAS TX 75206
Randall E. Gier	officer: President & CEO	3551 PLANO PARKWAY, THE COLONY TX 75056
Clinton J Coleman	director	C/O NEWCASTLE CAPITAL MANAGEMENT, L.P., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201