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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Cash-to-Debt : 0.00 (As of Feb. 2023)


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What is Indigenous Bloom Hemp 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. Indigenous Bloom Hemp's cash to debt ratio for the quarter that ended in Feb. 2023 was 0.00.

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, Indigenous Bloom Hemp couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2023.

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

VRTHF's Cash-to-Debt is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.94
* Ranked among companies with meaningful Cash-to-Debt only.

Indigenous Bloom Hemp Cash-to-Debt Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Cash-to-Debt Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt - 0.09

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.16 0.09 0.03 -

Competitive Comparison of Indigenous Bloom Hemp's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's Cash-to-Debt distribution charts can be found below:

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



Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's Cash to Debt Ratio for the fiscal year that ended in May. 2022 is calculated as:

Indigenous Bloom Hemp's Cash to Debt Ratio for the quarter that ended in Feb. 2023 is calculated as:

* 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.


Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.


Indigenous Bloom Hemp Cash-to-Debt Related Terms

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


Indigenous Bloom Hemp (Indigenous Bloom Hemp) Business Description

Traded in Other Exchanges
N/A
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.