Beyond Meat (WBO:BYND) Cash-to-Debt

: 0.16 (As of Dec. 2023)

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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. Beyond Meat's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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, Beyond Meat couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

WBO:BYND' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 2.86 Max: 8.84
Current: 0.16

During the past 8 years, Beyond Meat's highest Cash to Debt Ratio was 8.84. The lowest was 0.16. And the median was 2.86.

WBO:BYND's Cash-to-Debt is ranked worse than
73.28% of 1845 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs WBO:BYND: 0.16

Beyond Meat Cash-to-Debt Historical Data

The historical data trend for Beyond Meat'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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Beyond Meat Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

8.84

3.97

0.63

0.26

0.16

Beyond Meat Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.26	0.22	0.17	0.18	0.16

Competitive Comparison

For the Packaged Foods subindustry, Beyond Meat'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.

Beyond Meat Cash-to-Debt Distribution

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

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

Beyond Meat 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.

Beyond Meat's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	174.693	/	(3.372	+	1112.746)
	=	0.16

Beyond Meat's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	174.693	/	(3.372	+	1112.746)
	=	0.16

Beyond Meat (WBO:BYND) 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.

Beyond Meat Cash-to-Debt Related Terms

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Beyond Meat (WBO:BYND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beyond Meat Inc (WBO:BYND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BYND:USA BYND:Mexico 1BYND:Italy 0Q3:Germany B2YN34:Brazil

Address

119 Standard Street, El Segundo, CA, USA, 90245

Website

https://www.beyondmeat.com

Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.