VWESQ (Vintage Wine Estates) Cash-to-Debt : 0.07 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Vintage Wine Estates 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. Vintage Wine Estates's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Vintage Wine Estates couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

VWESQ's Cash-to-Debt is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 0.58
* Ranked among companies with meaningful Cash-to-Debt only.

Vintage Wine Estates Cash-to-Debt Historical Data

The historical data trend for Vintage Wine Estates'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.

* Premium members only.

Vintage Wine Estates Cash-to-Debt Chart

Vintage Wine Estates Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.01

0.41

0.14

0.05

Vintage Wine Estates Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial											0.09	0.05	0.06	0.06	0.07

Competitive Comparison of Vintage Wine Estates's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Vintage Wine Estates'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.

Vintage Wine Estates's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vintage Wine Estates's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Vintage Wine Estates's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Vintage Wine Estates 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.

Vintage Wine Estates's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	18.233	/	(136.44	+	200.535)
	=	0.05

Vintage Wine Estates's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	24.106	/	(328.405	+	24.193)
	=	0.07

Vintage Wine Estates (OTCPK:VWESQ) 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.

Vintage Wine Estates Cash-to-Debt Related Terms

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

Vintage Wine Estates Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vintage Wine Estates Inc (OTCPK:VWESQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

937 Tahoe Boulevard, Suite 210, Incline Village, NV, USA, 89451

Website

https://www.vintagewineestates.com

Vintage Wine Estates Inc is a family of wineries and wines whose singular focus is producing the finest quality wines and incredible customer experiences with wineries throughout Napa, Sonoma, California's Central Coast, Oregon, and Washington State.

Executives

Patrick A Roney	director, 10 percent owner, officer: Chief Executive Officer	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Timothy D Proctor	director	301 SOUTH COLLEGE STREET, CHARLOTTE NC 28288-0630
Jonathan Sebastiani	director, other: Member of 10% owner group	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Seth Kaufman	officer: President and CEO	C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BLVD, SUITE 210, INCLINE VILLAGE NV 89451
Bespoke Sponsor Capital Lp	10 percent owner	115 PARK STREET, 3RD FLOOR, LONDON X0 W1K 7AP
Paul S Walsh	director	8 HENRIETTA PLACE, LONDON X0 94111
Zach Long	officer: Chief Operations Officer	C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BOULEVARD, SUITE 210, INCLINE VILLAGE NV 89451
Jon Moramarco	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Kristina L Johnston	officer: Chief Financial Officer	937 TAHOE BLVD., SUITE 210, INCLINE VILLAGE NV 89451
Katherine Devillers	officer: Chief Financial Officer	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Terry Wheatley	officer: President	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Harms Mark W.b.	director	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Berner Robert L Iii	director	C/O CHARTERHOUSE GROUP INTERNATIONAL INC, 535 MADISON AVE, NEW YORK NY 10022
Lisa M. Schnorr	director	C/O GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020
Russell G Joy	officer: Chief Operating Officer	937 TAHOE BOULEVARD, SUITE 10, INCLINE VILLAGE NV 89451