Steakholder Foods (Steakholder Foods) Cash-to-Debt : 1.27 (As of Jun. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Steakholder Foods 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. Steakholder Foods's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.27.

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, Steakholder Foods could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

MTTCF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.43 Max: No Debt
Current: 1.27

During the past 13 years, Steakholder Foods's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.43.

MTTCF's Cash-to-Debt is ranked better than
65.19% of 1853 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs MTTCF: 1.27

Steakholder Foods Cash-to-Debt Historical Data

The historical data trend for Steakholder Foods'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.

Steakholder Foods Cash-to-Debt Chart

Steakholder Foods Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.36

6.34

76.14

47.03

1.83

Steakholder Foods Quarterly Data
	Sep16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															3.77	2.33	3.15	1.83	1.27

Competitive Comparison of Steakholder Foods's Cash-to-Debt

For the Packaged Foods subindustry, Steakholder Foods'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.

Steakholder Foods's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Steakholder Foods's Cash-to-Debt distribution charts can be found below:

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

Steakholder Foods 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.

Steakholder Foods'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)
	=	6.42	/	(0.394	+	3.109)
	=	1.83

Steakholder Foods's Cash to Debt Ratio for the quarter 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)
	=	4.042	/	(0.351	+	2.845)
	=	1.26

Steakholder Foods (OTCPK:MTTCF) 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.

Steakholder Foods Cash-to-Debt Related Terms

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

Steakholder Foods (Steakholder Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Steakholder Foods Ltd (OTCPK:MTTCF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STKH:USA

Address

5 David Fikes Street, P.O. Box 4061, Rehovot, ISR, 7632805

Website

https://www.steakholderfoods.com

Steakholder Foods Ltd is a deep-tech food company. The company is cultivating meat technologies to improve meat production, simplify the meat supply chain and offer consumers a range of new product offerings. The company aims to provide an alternative to industrialized animal farming that reduces carbon footprint, minimizes water and land usage and prevents the slaughtering of animals. It is developing a novel, proprietary three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat. Through modular factory design, it expects to be able to offer a sustainable solution for producing a variety of beef, chicken and pork products, both as raw materials and whole cuts.