Wellbeing Digital Sciences (Wellbeing Digital Sciences) Cash-to-Debt : 0.15 (As of Apr. 2022)

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What is Wellbeing Digital Sciences 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. Wellbeing Digital Sciences's cash to debt ratio for the quarter that ended in Apr. 2022 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, Wellbeing Digital Sciences couldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2022.

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

KONEF's Cash-to-Debt is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cash-to-Debt only.

Wellbeing Digital Sciences Cash-to-Debt Historical Data

The historical data trend for Wellbeing Digital Sciences'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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Wellbeing Digital Sciences Cash-to-Debt Chart

Wellbeing Digital Sciences Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Cash-to-Debt

No Debt

100.77

15.27

Wellbeing Digital Sciences Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
Cash-to-Debt	Get a 7-Day Free Trial														257.50	15.27	2.66	0.32	0.15

Competitive Comparison of Wellbeing Digital Sciences's Cash-to-Debt

For the Medical Care Facilities subindustry, Wellbeing Digital Sciences'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.

Wellbeing Digital Sciences's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wellbeing Digital Sciences's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wellbeing Digital Sciences's Cash-to-Debt falls into.

Wellbeing Digital Sciences 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.

Wellbeing Digital Sciences's Cash to Debt Ratio for the fiscal year that ended in Jul. 2021 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)
	=	2.886	/	(0.189	+	0)
	=	15.27

Wellbeing Digital Sciences's Cash to Debt Ratio for the quarter that ended in Apr. 2022 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)
	=	0.236	/	(1.405	+	0.212)
	=	0.15

Wellbeing Digital Sciences (OTCPK:KONEF) 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.

Wellbeing Digital Sciences Cash-to-Debt Related Terms

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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wellbeing Digital Sciences Inc (OTCPK:KONEF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1

Website

https://www.wellbeingdigital.co

Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.