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. Molekule Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.11.
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, Molekule Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.
The historical rank and industry rank for Molekule Group's Cash-to-Debt or its related term are showing as below:
MKULQ'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.11
During the past 4 years, Molekule Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.
Molekule Group Cash-to-Debt Historical Data
The historical data trend for Molekule 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.
|
Molekule Group Annual Data
|
|
Trend |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
| Cash-to-Debt |
|
0.01 |
No Debt |
No Debt |
13.49 |
|
Molekule Group Quarterly Data
|
|
Dec19 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
| Cash-to-Debt |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
No Debt |
No Debt |
13.49 |
0.15 |
0.11 |
Competitive Comparison
For the Pollution & Treatment Controls subindustry, Molekule 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.
Molekule Group Cash-to-Debt Distribution
For the Industrial Products industry and Industrials sector, Molekule Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Molekule Group's Cash-to-Debt falls into.
Molekule 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.
Molekule Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:
Molekule Group's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:
* 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.
Molekule Group (Molekule Group) Business Description
Traded in Other Exchanges
N/A
Address
10455 Riverside Drive, Palm Beach Gardens, FL, USA, 33410
Molekule Group Inc is an interior space air purification technology company with an immediate objective of initiating full-scale commercialization of its high-performance interior air sterilization and disinfection products for the eradication of coronavirus and other harmful airborne pathogens. The Company was established to develop technology-driven, medical-grade air purification solutions for hospitals and other healthcare settings. Its air hygiene product, Purgo, is an FD medical device that provides continuous air filtration, sanitization, and supplemental ventilation solutions with technology that can be applied in any indoor space including in hospitals, offices, and even in elevators.
Executives
| Ritankar Pal |
officer: Chief Operating Officer |
10455 RIVERSIDE DR., PALM BEACH GARDENS FL 33410 |
| Jonathan Harris |
officer: Chief Commercial Officer |
3000 CLEARVIEW WAY, SAN MATEO CA 94402 |
| Bradley A Feld |
director |
C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302 |
| Ryan A Mcintyre |
10 percent owner |
|
| Seth Levine |
10 percent owner |
1050 WALNUT STREET, SUITE 210, BOULDER CO 80302 |
| Fg Next Gp, Llc |
10 percent owner |
1050 WALNUT STREET, SUITE 210, BOULDER CO 80302 |
| Foundry Group Next, L.p. |
10 percent owner |
C/O FOUNDRY GROUP, 1050 WALNUT STREET, SUITE 219, BOULDER CO 80302 |
| Ward Jr Stephen M |
director |
C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612 |
| Timothy J Scannell |
director |
2825 AIRVIEW BOULEVARD, KALAMAZOO MI 49002 |
| Heather Floyd |
director |
1300 CORPORATE CENTER WAY, WELLINGTON FL 33414 |
| Thomas P Mccaffrey |
director |
1300 CORPORATE CENTER WAY, WELLINGTON FL 33414 |
| Lewis C Pell |
10 percent owner |
C/O VISION SCIENCES INC, 6 STRATHMORE RD, NATICK MA 01760 |
| Michael F Senft |
director |
1300 CORPORATE CENTER WAY, WELLINGTON FL 33414 |
| Jason Dibona |
officer: Chief Executive Officer |
10455 RIVERSIDE DRIVE, PALM BEACH GARDEN FL 33410 |
| David Helfet |
director |
10455 RIVERSIDE DRIVE, PALM BEACH GARDENS FL 33410 |
Molekule Group (Molekule Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MKULQ has been successfully added to your