Americann (Americann) Cash-to-Debt : 0.09 (As of Dec. 2023)

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What is Americann 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. Americann's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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, Americann 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 Americann's Cash-to-Debt or its related term are showing as below:

ACAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: No Debt
Current: 0.09

During the past 12 years, Americann's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.08.

ACAN's Cash-to-Debt is ranked worse than
72.48% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs ACAN: 0.09

Americann Cash-to-Debt Historical Data

The historical data trend for Americann'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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Americann Cash-to-Debt Chart

Americann Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.09

0.02

0.08

0.14

0.12

Americann Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.14	0.15	0.12	0.09

Competitive Comparison of Americann's Cash-to-Debt

For the Real Estate Services subindustry, Americann'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.

Americann's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Americann's Cash-to-Debt distribution charts can be found below:

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

Americann 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.

Americann's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	1.135	/	(5.094	+	4.204)
	=	0.12

Americann'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)
	=	0.808	/	(5.094	+	4.201)
	=	0.09

Americann (OTCPK:ACAN) 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.

Americann Cash-to-Debt Related Terms

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Americann (Americann) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Americann Inc (OTCPK:ACAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1555 Blake Street, Unit 502, Denver, CO, USA, 80202

Website

https://www.americann.co

Americann Inc is a specialized cannabis company that is developing product manufacturing and greenhouse cultivation facilities. Its business plan is based on the continued growth of the regulated marijuana market in the United States. Its flagship project is the Massachusetts Cannabis Center (MCC). It generates revenue through lease arrangements that include base rents and revenue participation fees generated from products produced at the MCC.

Executives

Benjamin J Barton	director	1551 LARIMER ST., #2701, DENVER CO 80203
Strategic Capital Partners, Llc	10 percent owner	1550 LARIMER STREET, SUITE 264, DENVER CO 80202
Timothy Ryan Keogh	director, officer: Chief Executive Officer	54 ACUSHNET ROAD, MATTAPOISETT MA 02739