Psyched Wellness (Psyched Wellness) Cash-to-Debt : No Debt ⁽¹⁾ (As of Feb. 2024)

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What is Psyched Wellness 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. Psyched Wellness's cash to debt ratio for the quarter that ended in Feb. 2024 was No Debt ⁽¹⁾.

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, Psyched Wellness could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(1) 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.

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

PSYCF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.32 Max: No Debt
Current: No Debt

During the past 13 years, Psyched Wellness's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.32.

PSYCF's Cash-to-Debt is ranked better than
99.84% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs PSYCF: No Debt

Psyched Wellness Cash-to-Debt Historical Data

The historical data trend for Psyched Wellness'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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Psyched Wellness Cash-to-Debt Chart

Psyched Wellness Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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0.03

No Debt

Psyched Wellness Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Psyched Wellness's Cash-to-Debt

For the Packaged Foods subindustry, Psyched Wellness'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.

Psyched Wellness's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

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

Psyched Wellness 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.

Psyched Wellness's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Psyched Wellness had no debt ⁽¹⁾.

Psyched Wellness's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Psyched Wellness had no debt ⁽¹⁾.

Psyched Wellness (OTCPK:PSYCF) 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.

Psyched Wellness Cash-to-Debt Related Terms

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Psyched Wellness (Psyched Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Psyched Wellness Ltd (OTCPK:PSYCF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5U9:Germany PSYC:Canada

Address

77 King Street West, Suite 3000, Toronto, ON, CAN, M5K 1G8

Website

https://www.psyched-wellness.com

Psyched Wellness Ltd is a health supplements company. The company creates organic and medicinal mushrooms for general body wellness. Its product includes Amanita Muscaria Tincture.