Better Plant Sciences (STU:YG3A) Cash-to-Debt : 0.13 (As of Aug. 2023)

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What is Better Plant Sciences 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. Better Plant Sciences's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.13.

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, Better Plant Sciences couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

STU:YG3A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.65 Max: No Debt
Current: 0.13

During the past 8 years, Better Plant Sciences's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.65.

STU:YG3A's Cash-to-Debt is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.92 vs STU:YG3A: 0.13

Better Plant Sciences Cash-to-Debt Historical Data

The historical data trend for Better Plant Sciences'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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Better Plant Sciences Cash-to-Debt Chart

Better Plant Sciences Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Cash-to-Debt

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No Debt

0.56

0.17

Better Plant Sciences Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.17	0.05	0.02	0.13

Competitive Comparison of Better Plant Sciences's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Better Plant Sciences'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.

Better Plant Sciences's Cash-to-Debt Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Better Plant Sciences's Cash-to-Debt falls into.

Better Plant Sciences 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.

Better Plant Sciences's Cash to Debt Ratio for the fiscal year that ended in Nov. 2022 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)
	=	0.124	/	(0.087	+	0.642)
	=	0.17

Better Plant Sciences's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	0.101	/	(0.801	+	0)
	=	0.13

Better Plant Sciences (STU:YG3A) 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.

Better Plant Sciences Cash-to-Debt Related Terms

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Better Plant Sciences (STU:YG3A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Better Plant Sciences Inc (STU:YG3A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

2770 Fraser Street, Unit 1, Vancouver, BC, CAN, V5T 3V7

Website

https://www.betterplantsciences.com

Better Plant Sciences Inc provides marketing, financial, branding, bookkeeping, and other services.

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