Columbia Care (XCNQ:CCHW) Cash-to-Debt

: 0.07 (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. Columbia Care's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Columbia Care 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 Columbia Care's Cash-to-Debt or its related term are showing as below:

XCNQ:CCHW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.2 Max: No Debt
Current: 0.07

During the past 6 years, Columbia Care's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.20.

XCNQ:CCHW's Cash-to-Debt is ranked worse than
88.55% of 1048 companies
in the Drug Manufacturers industry
Industry Median: 0.95 vs XCNQ:CCHW: 0.07

Columbia Care Cash-to-Debt Historical Data

The historical data trend for Columbia Care'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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Columbia Care Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.57

0.21

0.20

0.09

0.07

Columbia Care 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																0.09	0.07	0.07	0.10	0.07

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Columbia Care'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.

Columbia Care Cash-to-Debt Distribution

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

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

Columbia Care 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.

Columbia Care'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)
	=	47.981	/	(30.796	+	702.152)
	=	0.07

Columbia Care'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)
	=	47.981	/	(30.796	+	702.152)
	=	0.07

Columbia Care (XCNQ:CCHW) 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.

Columbia Care Cash-to-Debt Related Terms

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Columbia Care (XCNQ:CCHW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Columbia Care Inc (XCNQ:CCHW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CBSTF:USA VW5:Germany CBST:Canada

Address

680 Fifth Avenue, 24th Floor, New York, NY, USA, 10019

Website

https://investors.columbia.care

Cannabist Company Holdings Inc Formerly Columbia Care Inc is a cultivator, manufacturer, and provider of medical cannabis products and services. Some of its products are Vaporization Oil, Sublingual Tinctures, Lotions, Hard Pressed Tablets, and Suppositories, among others. The company markets its products under Amber, ClaraCeed, Press, Platinum label, Platinum Partners, Seed & Starin, and Triple 777 brands.

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