Boosh Plant-Based Brands (Boosh Plant-Based Brands) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Boosh Plant-Based Brands 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. Boosh Plant-Based Brands's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Boosh Plant-Based Brands 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 Boosh Plant-Based Brands's Cash-to-Debt or its related term are showing as below:

VGGIF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.21 Max: No Debt
Current: 0.03

During the past 4 years, Boosh Plant-Based Brands's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.21.

VGGIF's Cash-to-Debt is ranked worse than
91.41% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs VGGIF: 0.03

Boosh Plant-Based Brands Cash-to-Debt Historical Data

The historical data trend for Boosh Plant-Based Brands'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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Boosh Plant-Based Brands Cash-to-Debt Chart

Boosh Plant-Based Brands Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

No Debt

0.42

0.41

0.06

Boosh Plant-Based Brands Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.21	0.06	0.03	0.06	0.03

Competitive Comparison of Boosh Plant-Based Brands's Cash-to-Debt

For the Packaged Foods subindustry, Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Boosh Plant-Based Brands's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Boosh Plant-Based Brands's Cash-to-Debt falls into.

Boosh Plant-Based Brands 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.

Boosh Plant-Based Brands'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)
	=	0.036	/	(0.416	+	0.19)
	=	0.06

Boosh Plant-Based Brands'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)
	=	0.016	/	(0.42	+	0.19)
	=	0.03

Boosh Plant-Based Brands (OTCPK:VGGIF) 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.

Boosh Plant-Based Brands Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Boosh Plant-Based Brands's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Boosh Plant-Based Brands (Boosh Plant-Based Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Boosh Plant-Based Brands Inc (OTCPK:VGGIF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

77I:Germany VEGI:Canada

Address

176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5

Website

https://www.booshfood.com

Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.

Boosh Plant-Based Brands (Boosh Plant-Based Brands) Headlines

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