Acadian Timber (Acadian Timber) Cash-to-Debt : 0.02 (As of Dec. 2023)

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

What is Acadian Timber 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. Acadian Timber'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, Acadian Timber 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 Acadian Timber's Cash-to-Debt or its related term are showing as below:

ACAZF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: 0.26
Current: 0.02

During the past 13 years, Acadian Timber's highest Cash to Debt Ratio was 0.26. The lowest was 0.02. And the median was 0.13.

ACAZF's Cash-to-Debt is ranked worse than
92.63% of 285 companies
in the Forest Products industry
Industry Median: 0.32 vs ACAZF: 0.02

Acadian Timber Cash-to-Debt Historical Data

The historical data trend for Acadian Timber'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.

Acadian Timber Cash-to-Debt Chart

Acadian Timber Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.10

0.07

0.06

0.02

Acadian Timber 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															0.06	0.03	0.04	0.03	0.02

Competitive Comparison of Acadian Timber's Cash-to-Debt

For the Lumber & Wood Production subindustry, Acadian Timber'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.

Acadian Timber's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Acadian Timber's Cash-to-Debt distribution charts can be found below:

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

Acadian Timber 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.

Acadian Timber'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)
	=	1.365	/	(0	+	78.649)
	=	0.02

Acadian Timber'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)
	=	1.365	/	(0	+	78.649)
	=	0.02

Acadian Timber (OTCPK:ACAZF) 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.

Acadian Timber Cash-to-Debt Related Terms

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

Acadian Timber (Acadian Timber) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Acadian Timber Corp (OTCPK:ACAZF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

779:Germany ADN:Canada

Address

365 Canada Road, Edmundston, NB, CAN, E3V 1W2

Website

https://www.acadiantimber.com

Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company's operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company's product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.