Armanino Foods of Distinction (Armanino Foods of Distinction) Cash-to-Debt

: 6.53 (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

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. Armanino Foods of Distinction's cash to debt ratio for the quarter that ended in Sep. 2023 was 6.53.

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, Armanino Foods of Distinction could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

AMNF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.57 Med: 4.36 Max: 132.97
Current: 6.53

During the past 13 years, Armanino Foods of Distinction's highest Cash to Debt Ratio was 132.97. The lowest was 1.57. And the median was 4.36.

AMNF's Cash-to-Debt is ranked better than
81.25% of 1851 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs AMNF: 6.53

Armanino Foods of Distinction Cash-to-Debt Historical Data

The historical data trend for Armanino Foods of Distinction'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.

Armanino Foods of Distinction Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

1.57

2.58

3.08

9.71

4.36

Armanino Foods of Distinction Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Sep23
Cash-to-Debt															4.36	3.10	4.23	4.31	6.53

Competitive Comparison

For the Packaged Foods subindustry, Armanino Foods of Distinction'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.

Armanino Foods of Distinction Cash-to-Debt Distribution

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

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

Armanino Foods of Distinction 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.

Armanino Foods of Distinction's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	11.845	/	(0.495	+	2.221)
	=	4.36

Armanino Foods of Distinction's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	14.664	/	(0.622	+	1.625)
	=	6.53

Armanino Foods of Distinction (OTCPK:AMNF) 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.

Armanino Foods of Distinction Cash-to-Debt Related Terms

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

Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Armanino Foods of Distinction Inc (OTCPK:AMNF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5976 W Las Positas Blvd, Suite 200, Pleasanton, CA, USA, 94588

Website

https://www.armaninofoods.com

Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale food products, including primarily frozen pesto sauces, frozen pasta products, cooked and frozen meat, and poultry products. Its products are marketed through a network of food brokers and sold to retail, foodservice, club-type stores, and industrial accounts.

Executives

Douglas R Nichols	director	C/O RAILAMERICA INC, 5300 BROKEN SOUND BLVD NW, BOACA RATON FL 33487
Patricia A Fehling	director	426 NORTH CHURCH STREET, LODI CA 95240
William J Armanino	director, 10 percent owner, officer: President, CEO & Chairman	30588 SAN ANTONIO STREET, HAYWARD CA 94544

Armanino Foods of Distinction (Armanino Foods of Distinction) Headlines

From GuruFocus

Armanino Foods: Record Breaking Year-to-Date Financial Results

By Mark Lin Mark Lin • 12-12-2012

Armanino Foods of Distinction Inc's Dividend Analysis

By GuruFocus Research • 01-05-2024

Armanino Foods - Good Company, Decent price, Takeover Potential

By whopper investments whopper investments • 03-25-2013

Urbem's 'Wonderful Business' Series: Armanino Foods of Distinction

By Steven Chen Steven Chen • 12-06-2019

Why I Am Buying Armanino Foods of Distinction

By Jason Fieber Dividend Mantra • 09-23-2014