Eat Well Investment Group (Eat Well Investment Group) Cash-to-Debt : 0.06 (As of Aug. 2022)

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What is Eat Well Investment Group 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. Eat Well Investment Group's cash to debt ratio for the quarter that ended in Aug. 2022 was 0.06.

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, Eat Well Investment Group couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2022.

The historical rank and industry rank for Eat Well Investment Group's Cash-to-Debt or its related term are showing as below:

EWGFF's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.66
* Ranked among companies with meaningful Cash-to-Debt only.

Eat Well Investment Group Cash-to-Debt Historical Data

The historical data trend for Eat Well Investment 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.

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Eat Well Investment Group Cash-to-Debt Chart

Eat Well Investment Group Annual Data

Trend

Nov12

Nov13

Nov14

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Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Cash-to-Debt

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No Debt

0.02

Eat Well Investment Group Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.02	1.22	0.04	0.06

Competitive Comparison of Eat Well Investment Group's Cash-to-Debt

For the Asset Management subindustry, Eat Well Investment 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.

Eat Well Investment Group's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eat Well Investment Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eat Well Investment Group's Cash-to-Debt falls into.

Eat Well Investment 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.

Eat Well Investment Group's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	0.94	/	(33.129	+	6.41)
	=	0.02

Eat Well Investment Group's Cash to Debt Ratio for the quarter that ended in Aug. 2022 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)
	=	2.196	/	(35.492	+	1.898)
	=	0.06

Eat Well Investment Group (OTCPK:EWGFF) 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.

Eat Well Investment Group Cash-to-Debt Related Terms

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Eat Well Investment Group (Eat Well Investment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eat Well Investment Group Inc (OTCPK:EWGFF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.eatwellgroup.com

Eat Well Investment Group Inc is a publicly-traded investment company focused on the agribusiness, food tech, plant-based, and ESG (environmental, social, and governance) sectors. The group sources, finances, and builds companies across a broad range of industries and maintains a current focus on the health and wellness industry. Its product portfolio consists of Belle Pulses, Sapientia, and Amara Organic Foods among others.