Pure Harvestorate Group (Pure Harvestorate Group) Cash-to-Debt : 0.05 (As of Mar. 2022)

View and export this data going back to 2017. Start your Free Trial

What is Pure Harvestorate Group 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. Pure Harvestorate Group's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.05.

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, Pure Harvestorate Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

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

PHCG's Cash-to-Debt is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.92
* Ranked among companies with meaningful Cash-to-Debt only.

Pure Harvestorate Group Cash-to-Debt Historical Data

The historical data trend for Pure Harvestorate Group'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.

* Premium members only.

Pure Harvestorate Group Cash-to-Debt Chart

Pure Harvestorate Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

0.01

0.20

1.53

0.23

0.04

Pure Harvestorate Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash-to-Debt	Get a 7-Day Free Trial													0.12	0.10	0.09	0.04	0.05

Competitive Comparison of Pure Harvestorate Group's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Pure Harvestorate Group'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.

Pure Harvestorate Group's Cash-to-Debt Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Pure Harvestorate Group's Cash-to-Debt falls into.

Pure Harvestorate Group 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.

Pure Harvestorate Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.224	/	(4.166	+	1.29)
	=	0.04

Pure Harvestorate Group's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.261	/	(4.161	+	1.29)
	=	0.05

Pure Harvestorate Group (OTCPK:PHCG) 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.

Pure Harvestorate Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Pure Harvestorate Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Pure Harvestorate Group (Pure Harvestorate Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pure Harvest Corporate Group Inc (OTCPK:PHCG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8879 Forest Drive, Littleton, CO, USA, 80126

Website

https://www.pureharvestgroup.com

The Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly-traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp-derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its cannabis, hemp-derived cannabinoids, and Test Kitchen operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.