LQR House (LQR House) Cash-to-Debt : 706.40 (As of Dec. 2023)

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What is LQR House 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. LQR House's cash to debt ratio for the quarter that ended in Dec. 2023 was 706.40.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, LQR House could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LQR' s Cash-to-Debt Range Over the Past 10 Years
Min: 706.4 Med: No Debt Max: No Debt
Current: 706.4

During the past 3 years, LQR House's highest Cash to Debt Ratio was No Debt. The lowest was 706.40. And the median was No Debt.

LQR's Cash-to-Debt is ranked better than
94.29% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 0.52 vs LQR: 706.40

LQR House Cash-to-Debt Historical Data

The historical data trend for LQR House'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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LQR House Cash-to-Debt Chart

LQR House Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

706.40

LQR House Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	7.14	143.39	706.40

Competitive Comparison of LQR House's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, LQR House'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.

LQR House's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, LQR House's Cash-to-Debt distribution charts can be found below:

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

LQR House 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.

LQR House'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)
	=	7.064	/	(0.007	+	0.003)
	=	706.40

LQR House'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)
	=	7.064	/	(0.007	+	0.003)
	=	706.40

LQR House (NAS:LQR) 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.

LQR House Cash-to-Debt Related Terms

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LQR House (LQR House) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » LQR House Inc (NAS:LQR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6800 Indian Creek Drive, Suite 1E, Miami Beach, FL, USA, 33141

Website

https://www.lqrhouse.com

LQR House Inc intends to become the full-service digital marketing and brand development face of the alcoholic beverage space. It also intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy-to-use platform and become the one-stop shop for everything related to alcohol. The company's primary business includes the development of premium limited-batch spirit brands, establishing an exclusive wine club, and marketing internal and external brands through an exclusive agreement with a U.S.-based e-commerce portal. It believes that the marketing and brand management services it provides to its wholly owned and third-party clients will increase brand recognition thereof, and drive sales thereof through its e-commerce platform partner.

Executives

Sean Dollinger	director, 10 percent owner, officer: Chief Executive Officer	6800 INDIAN CREEK DRIVE, SUITE 1E, MIAMI BEACH FL 33141
Gary L Herman	director	720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
James C. Huber	director	127 FLORENCE DRIVE, JUPITER FL 33458
Kbros, Llc	10 percent owner	23658 SAN VICENTE ROAD, RAMONA CA 92065
Guy Dollinger	director	283 RUE PICASSO, DOLLARD-DES-ORMEAUX A8 H9A 3K2
Jaclyn Hoffman	officer: Chief Marketing Officer	166 2ND AVENUE, APT 2A, NEW YORK NY 10003
Kumar Abhishek	officer: Chief Financial Officer	25/3A, RAIL VIHAR, SECTOR 56, GURGAON K7 122002
Darren Collins	director	22 RIVERVIEW ROAD, ALLISTON A6 L9M 1R2
Alexandra Hoffman	director	6800 INDIAN CREEK DRIVE, APT 101, MIAMI BEACH FL 33141
James P. O'brien	director	3000-360 MAIN STREET, WINNIPEG A2 R3C 4G1