GrowLife (GrowLife) Cash-to-Debt : 0.02 (As of Mar. 2023)

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What is GrowLife 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. GrowLife's cash to debt ratio for the quarter that ended in Mar. 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, GrowLife 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 GrowLife's Cash-to-Debt or its related term are showing as below:

PHOT's Cash-to-Debt is not ranked ^*
in the Industrial Distribution industry.
Industry Median: 0.54
* Ranked among companies with meaningful Cash-to-Debt only.

GrowLife Cash-to-Debt Historical Data

The historical data trend for GrowLife'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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GrowLife Cash-to-Debt Chart

GrowLife Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.66

0.01

0.10

0.02

GrowLife Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.06	0.01	0.02	0.02

Competitive Comparison of GrowLife's Cash-to-Debt

For the Industrial Distribution subindustry, GrowLife'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.

GrowLife's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, GrowLife's Cash-to-Debt distribution charts can be found below:

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

GrowLife 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.

GrowLife's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.094	/	(4.918	+	0)
	=	0.02

GrowLife'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)
	=	0.118	/	(5.601	+	0)
	=	0.02

GrowLife (OTCPK:PHOT) 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.

GrowLife Cash-to-Debt Related Terms

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

GrowLife (GrowLife) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » GrowLife Inc (OTCPK:PHOT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11335 North East 122nd Way, Suite 105, Kirkland, WA, USA, 98034

Website

https://www.growlifeinc.com

GrowLife Inc. is a producer and supplier of gourmet fresh mushrooms, functional mushroom products, and mycological supplies.

Executives

David Dohrmann	director, officer: CEO, Interim CFO, President	11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Michael E Fasci	director	PO BOX 800, E TAUNTON MA 02718
Thom Kozik	director	11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Katherine Mclain	director	5400 CARILLON POINT, KIRKLAND WA 98033
Marco Hegyi	director, officer: President	C/O GROWLIFE, INC., 11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Tara Antal	director	19950 WEST COUNTRY CLUB DR., 1ST FLOOR, AVENTURA FL 33180
Brad Fretti	director	19950 WEST COUNTRY CLUB DR., 1ST FLOOR, AVENTURA FL 33180
Sterling C. Scott	director, 10 percent owner, officer: Chief Executive Officer	717 E. GARDENA BLVD., GARDENA CA 90248
Joseph Barnes	officer: Sr. V.P. Business Development	500 UNION STREET, SUITE 406, SEATTLE WA 98101
Mark E Scott	director	C/O VISUALANT INC, 500 UNION STREET, SUITE 420, SEATTLE WA 98101
Alan R Hammer	director	3 FAWN DRIVE, LIVINGSTON NJ 07039
Robert E Hunt	director, officer: President	C/O GROWLIFE, INC., 20301 VENTURA BLVD., SUITE 126, WOODLAND HILLS CA 91364
Eric D Shevin	director	C/O GROWLIFE, INC., 20301 VENTURA BOULEVARD, SUITE 126, WOODLAND HILLS CA 91364
Anthony J Ciabattoni	director	16 LAGUNITA DRIVE, LAGUNA BEACH CA 92651
Jeffrey Giarraputo	director	2900 WYANDOT STREET, #102, DENVER CO 80211