Flowers Foods (Flowers Foods) Cash-to-Debt : 0.02 (As of Dec. 2023)

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What is Flowers 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. Flowers Foods's cash to debt ratio for the quarter that ended in Dec. 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, Flowers Foods 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 Flowers Foods's Cash-to-Debt or its related term are showing as below:

FLO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.23
Current: 0.02

During the past 13 years, Flowers Foods's highest Cash to Debt Ratio was 0.23. The lowest was 0.01. And the median was 0.02.

FLO's Cash-to-Debt is ranked worse than
94.5% of 1853 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs FLO: 0.02

Flowers Foods Cash-to-Debt Historical Data

The historical data trend for Flowers 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.

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Flowers Foods Cash-to-Debt Chart

Flowers Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.23

0.15

0.14

0.02

Flowers Foods 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	0.02	0.01	0.01	0.02

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

For the Packaged Foods subindustry, Flowers 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.

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

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

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

Flowers 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.

Flowers Foods's Cash to Debt Ratio for the fiscal year 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)
	=	22.527	/	(65.786	+	1285.039)
	=	0.02

Flowers Foods'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)
	=	22.527	/	(65.786	+	1285.039)
	=	0.02

Flowers Foods (NYSE:FLO) 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.

Flowers Foods Cash-to-Debt Related Terms

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Flowers Foods (Flowers Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flowers Foods Inc (NYSE:FLO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FWF:Germany FWF:Germany

Address

1919 Flowers Circle, Thomasville, GA, USA, 31757

Website

https://www.flowersfoods.com

Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.

Executives

R Steve Kinsey	officer: EVP & Chief Financial Officer	301 HABERSHAM ROAD, THOMASVILLE GA 31792
Stephanie B Tillman	officer: Chief Legal Counsel	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Ryals Mcmullian	officer: Chief Strategy Officer	2922 IVANHOE ROAD, TALLAHASSEE FL 32312
Brigitte King	director	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Joanne D Smith	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
H Mark Courtney	officer: SVP Sales&Mkt Flowers Bakeries	16 MEANDER TRACE, THOMASVILLE GA 31792
Cindy Cox	officer: Chief Human Resources Officer	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Chubb Thomas Caldecot Iii	director	999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Melvin T Stith	director	1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Thomas L Winters	officer: Chief Supply Chain Officer	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Heeth Iv Varnedoe	officer: Chief Transformation Officer	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
William Jameson Mcfadden	director	140 BROADWAY, NEW YORK NY 10005
Brad Cashaw	officer: Chief Supply Chain Officer	2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Terry S Thomas	director	6430 STEFANI DRIVE, DALLAS TX 75225
Casey Edward J. Jr.	director	835 HAMILTON STREET, SUITE 150, ALLENTOWN PA 18101