Fire & Flower Holdings (Fire & Flower Holdings) Cash-to-Debt : 0.14 (As of Mar. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Fire & Flower Holdings 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. Fire & Flower Holdings's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.14.

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, Fire & Flower Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

FFLWF's Cash-to-Debt is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cash-to-Debt only.

Fire & Flower Holdings Cash-to-Debt Historical Data

The historical data trend for Fire & Flower 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.

* Premium members only.

Fire & Flower Holdings Cash-to-Debt Chart

Fire & Flower Holdings Annual Data

Trend

Jan20

Jan21

Jan22

Cash-to-Debt

0.32

0.39

0.27

Fire & Flower Holdings Quarterly Data
	Feb18	May18	Aug18	Nov18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.53	0.36	0.29	0.14

Competitive Comparison of Fire & Flower Holdings's Cash-to-Debt

For the Pharmaceutical Retailers subindustry, Fire & Flower 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.

Fire & Flower Holdings's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fire & Flower Holdings's Cash-to-Debt distribution charts can be found below:

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

Fire & Flower 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.

Fire & Flower Holdings's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	15.724	/	(19.99	+	38.659)
	=	0.27

Fire & Flower Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	5.982	/	(14.262	+	27.199)
	=	0.14

Fire & Flower Holdings (OTCPK:FFLWF) 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.

Fire & Flower Holdings Cash-to-Debt Related Terms

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

Fire & Flower Holdings (Fire & Flower Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fire & Flower Holdings Corp (OTCPK:FFLWF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 King Street West, Suite 2500, Toronto, ON, CAN, M5X 1C8

Website

https://www.fireandflower.com

Fire & Flower Holdings Corp is an independent adult-use cannabis retailer focused on the Canadian market and international expansion opportunities. The company guides consumers through the complex world of cannabis through education-focused, retailing while the Hifyrea digital platform connects consumers with cannabis products. The company has three reportable segments namely, Retail segment, Wholesale and Logistics segment, and Digital Platform. Majority of the revenue is earned from Retail segment.

Fire & Flower Holdings (Fire & Flower Holdings) Headlines

From GuruFocus

BDSA Expands Retail Sales Tracking into the Canadian Market through Strategic Licensing Agreement with Fire & Flower Subsidiary Hifyre�

By Marketwired Marketwired • 03-10-2021

Fire & Flower US Holdings Inc. Closes $5,000,000 Convertible Debenture Financing

By PRNewswire PRNewswire • 08-25-2022