FitLife Brands (FRA:QO8) Cash-to-Debt : 0.15 (As of Mar. 2024)

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What is FitLife Brands 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. FitLife Brands's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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, FitLife Brands couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:QO8' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.47 Max: No Debt
Current: 0.15

During the past 13 years, FitLife Brands's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 1.47.

FRA:QO8's Cash-to-Debt is ranked worse than
73.92% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs FRA:QO8: 0.15

FitLife Brands Cash-to-Debt Historical Data

The historical data trend for FitLife Brands'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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FitLife Brands Cash-to-Debt Chart

FitLife Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.05

9.59

62.56

129.21

0.06

FitLife Brands Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.63	0.74	0.64	0.06	0.15

Competitive Comparison of FitLife Brands's Cash-to-Debt

For the Packaged Foods subindustry, FitLife Brands'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.

FitLife Brands's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

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

FitLife Brands 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.

FitLife Brands'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)
	=	1.044	/	(4.206	+	14.269)
	=	0.06

FitLife Brands's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	2.337	/	(4.207	+	10.974)
	=	0.15

FitLife Brands (FRA:QO8) 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.

FitLife Brands Cash-to-Debt Related Terms

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FitLife Brands (FRA:QO8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » FitLife Brands Inc (FRA:QO8) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FTLF:USA

Address

5214 South 136th Street, Omaha, NE, USA, 68137

Website

https://www.fitlifebrands.com

FitLife Brands Inc is a provider of proprietary nutritional supplements for health-conscious consumers. The company markets and sells its products under NDS, PMD, Siren labs, Core active, Metis nutrition, Isatori and Biogenetic laboratories brand names. Its product portfolio consists of sports nutrition, energy, and sports drink products, meal replacement products and weight loss products. The firm derives its revenue from product sales. Its product categories include Natural & Organic Foods, Functional Foods, Natural & Organic Personal Care and Household Products and Supplements.

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