Red White & Bloom Brands (XCNQ:RWB) Cash-to-Debt : 0.01 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Red White & Bloom 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. Red White & Bloom Brands's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.01.

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, Red White & Bloom Brands couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Red White & Bloom Brands's Cash-to-Debt or its related term are showing as below:

XCNQ:RWB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.14
Current: 0.01

During the past 5 years, Red White & Bloom Brands's highest Cash to Debt Ratio was 0.14. The lowest was 0.00. And the median was 0.02.

XCNQ:RWB's Cash-to-Debt is ranked worse than
97.81% of 1005 companies
in the Drug Manufacturers industry
Industry Median: 1.02 vs XCNQ:RWB: 0.01

Red White & Bloom Brands Cash-to-Debt Historical Data

The historical data trend for Red White & Bloom 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.

* Premium members only.

Red White & Bloom Brands Cash-to-Debt Chart

Red White & Bloom Brands Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.03

0.01

Red White & Bloom Brands 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															0.01	0.01	0.02	0.04	0.01

Competitive Comparison of Red White & Bloom Brands's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Red White & Bloom 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.

Red White & Bloom Brands's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Red White & Bloom Brands's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Red White & Bloom Brands's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Red White & Bloom 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.

Red White & Bloom Brands's Cash to Debt Ratio for the fiscal year 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)
	=	2.251	/	(240.709	+	21.423)
	=	0.01

Red White & Bloom Brands'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)
	=	4.233	/	(312.156	+	26.816)
	=	0.01

Red White & Bloom Brands (XCNQ:RWB) 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.

Red White & Bloom Brands Cash-to-Debt Related Terms

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

Red White & Bloom Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Red White & Bloom Brands Inc (XCNQ:RWB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1890-1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9

Website

https://www.redwhitebloom.com

Red White & Bloom Brands Inc is a multi-state operator in the United States conducting operations in the legal cannabis industry. The principal activity of the company is the sale of a diverse range of high-quality cannabis-based products delivered through its distribution and retail channels. The company operates twelve licensed adult-use and medical retail dispensaries located in the legal states of Michigan and Florida. The Company operates in four reportable segments, (1) Corporate segment, (2) Distribution segment, (3) Licensing segment, and (4) Retail segment. Key revenue is generated from Distribution segment.

Red White & Bloom Brands Headlines

No Headlines