Kaspien Holdings (Kaspien Holdings) Cash-to-Debt

: 0.02 (As of Oct. 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. Kaspien Holdings's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.02.

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, Kaspien Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

KSPN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.61 Max: No Debt
Current: 0.02

During the past 13 years, Kaspien Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.61.

KSPN's Cash-to-Debt is ranked worse than
97.71% of 2790 companies
in the Software industry
Industry Median: 2.415 vs KSPN: 0.02

Kaspien Holdings Cash-to-Debt Historical Data

The historical data trend for Kaspien Holdings'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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Kaspien Holdings Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Cash-to-Debt

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No Debt

0.19

0.11

0.07

0.06

Kaspien Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.06	0.02	0.01	0.02

Competitive Comparison

For the Software - Application subindustry, Kaspien Holdings'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.

Kaspien Holdings Cash-to-Debt Distribution

For the Software industry and Technology sector, Kaspien Holdings's Cash-to-Debt distribution charts can be found below:

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

Kaspien Holdings 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.

Kaspien Holdings's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	1.13	/	(9.507	+	10.809)
	=	0.06

Kaspien Holdings's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	0.405	/	(21.274	+	0.588)
	=	0.02

Kaspien Holdings (OTCPK:KSPN) 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.

Kaspien Holdings Cash-to-Debt Related Terms

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Kaspien Holdings (Kaspien Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kaspien Holdings Inc (OTCPK:KSPN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TWDA:Germany

Address

2818 N. Sullivan Road, Suite 130, Spokane Valley, WA, USA, 99216

Website

https://www.kaspien.com

Kaspien Holdings Inc is a digital marketplace retailer that partners with companies to expand its brand. It provides a platform of software and services to brands in order to grow their online distribution channels on digital marketplaces such as Amazon, Walmart, and eBay, among others. The company focuses on various categories, including pets and sporting goods, baby, tools / office / outdoor, health & personal care, and home / kitchen. It generates substantially all of its revenue through Amazon Marketplace.

Executives

Tom Simpson	director	38 CORPORATE CIRCLE, ALBANY NY 12203
Mark E Holliday	director	257 SW MARCONI AVENUE, PORTLAND OR 97201
Brock Kowalchuk	officer: Interim Chief Executive Office	PO BOX 462, EAST SCHODACK NY 12063
Kunal Chopra	officer: CEO - etailz	38 CORPORATE CIRCLE, ALBANY NY 12203
Jonathan Anthony Marcus	director	100 PINE STREET, SUITE 2700, SAN FRANCISCO CA 94111
Jeffrey Scott Hastings	director	38 CORPORATE CIRCLE, ALBANY NY 12203
Alimco Financial Corp	other: See Remarks	2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Edwin Sapienza	officer: Chief Financial Officer	38 CORPORATE CIRCLE, ALBANY NY 12203
Robert Galvin	director	78 GOLF LANE, RIDGEFIELD CT 06877
Miller Lloyd I Iii	10 percent owner
Robert J Higgins	director, 10 percent owner, officer: Chairman and CEO	C/O TRANS WORLD ENTERTAINMENT CORP, 38 CORPORATE CIRCLE, ALBANY NY 12203
Josh Neblett	officer: CEO, etailz	38 CORPORATE CIRCLE, ALBANY NY 12203
Robert J. Higgins Twmc Trust	10 percent owner	38 CORPORATE CIRCLE, ALBANY NY 12203
Christoph Hoerenz	officer: Chief Digital and Mktg Officer	38 CORPORATE CIRCLE, ALBANY NY 12033