Premier Foods (Premier Foods) Cash-to-Debt : 0.20 (As of Sep. 2023)

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What is Premier 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. Premier Foods's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.20.

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, Premier Foods couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

PFODF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.29
Current: 0.2

During the past 13 years, Premier Foods's highest Cash to Debt Ratio was 0.29. The lowest was 0.01. And the median was 0.06.

PFODF's Cash-to-Debt is ranked worse than
69.44% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs PFODF: 0.20

Premier Foods Cash-to-Debt Historical Data

The historical data trend for Premier 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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Premier Foods Cash-to-Debt Chart

Premier Foods Annual Data

Trend

Dec12

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.06

0.29

0.01

0.16

0.19

Premier Foods Semi-Annual Data
	Jun13	Dec13	Jun14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.16	0.07	0.19	0.20

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

For the Packaged Foods subindustry, Premier 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.

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

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

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

Premier 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.

Premier Foods's Cash to Debt Ratio for the fiscal year 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)
	=	78.155	/	(3.762	+	407.282)
	=	0.19

Premier Foods'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)
	=	83.787	/	(6.807	+	414.975)
	=	0.20

Premier Foods (OTCPK:PFODF) 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.

Premier Foods Cash-to-Debt Related Terms

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

Premier Foods (Premier Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premier Foods PLC (OTCPK:PFODF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PRRFY:USA PFDl:UK PFD:UK FOJ1:Germany

Address

Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, GBR, AL1 2RE

Website

https://www.premierfoods.co.uk

Premier Foods PLC is a food manufacturing company. It manufactures, processes, and distributes food products. The company's operating segments include Grocery and Sweet Treats. Grocery segment primarily sells savoury ambient food products. The Sweet Treats segment sells sweet ambient food products. It generates maximum revenue from the Grocery segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Other Europe and Rest of world. Some of the company brands include Ambrosia, Angel Delight, Atora, Batchelors, Be-Ro, Bird's, Bisto, Cadbury, Coffee Compliment, Homepride, and others.

Premier Foods (Premier Foods) Headlines

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