Prime Drink Group (Prime Drink Group) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Sep. 2023)

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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. Prime Drink Group's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Prime Drink Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

The historical rank and industry rank for Prime Drink Group's Cash-to-Debt or its related term are showing as below:

DOMWF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 167.34 Max: No Debt
Current: 933

During the past 4 years, Prime Drink Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 167.34.

DOMWF's Cash-to-Debt is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.26 vs DOMWF: 933.00

Prime Drink Group Cash-to-Debt Historical Data

The historical data trend for Prime Drink Group'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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Prime Drink Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.22

7.54

6.70

891.00

Prime Drink Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt												292.29	891.00	No Debt	No Debt	No Debt

Competitive Comparison

For the Utilities - Regulated Water subindustry, Prime Drink Group'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.

Prime Drink Group Cash-to-Debt Distribution

For the Utilities - Regulated industry and Utilities sector, Prime Drink Group's Cash-to-Debt distribution charts can be found below:

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

Prime Drink Group 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.

Prime Drink Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.782	/	(0.002	+	0)
	=	891.00

Prime Drink Group's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Prime Drink Group had no debt ⁽¹⁾.

Prime Drink Group (OTCPK:DOMWF) 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.

Prime Drink Group Cash-to-Debt Related Terms

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Prime Drink Group (Prime Drink Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Prime Drink Group Corp (OTCPK:DOMWF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PRME:Canada

Address

1188 Union Avenue, Suite 609, Montreal, QC, CAN, H3B 0E5

Website

https://www.dwrcorp.ca

Prime Drink Group Corp is engaged in the business of acquiring and managing spring water permits to develop operations in the spring water market in Quebec and elsewhere.

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