Aegis Brands (TSX:AEG) Cash-to-Debt : 0.02 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Aegis 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. Aegis Brands's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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

TSX:AEG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.34 Max: No Debt
Current: 0.02

During the past 13 years, Aegis Brands's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.34.

TSX:AEG's Cash-to-Debt is ranked worse than
95.61% of 342 companies
in the Restaurants industry
Industry Median: 0.405 vs TSX:AEG: 0.02

Aegis Brands Cash-to-Debt Historical Data

The historical data trend for Aegis 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.

* Premium members only.

Aegis Brands Cash-to-Debt Chart

Aegis Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.17

0.12

0.25

0.09

0.02

Aegis Brands 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	Get a 7-Day Free Trial															0.09	0.09	0.07	0.05	0.02

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

For the Restaurants subindustry, Aegis 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.

Aegis Brands's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Aegis Brands's Cash-to-Debt distribution charts can be found below:

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

Aegis 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.

Aegis 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)
	=	0.803	/	(3.153	+	31.613)
	=	0.02

Aegis Brands'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)
	=	0.803	/	(3.153	+	31.613)
	=	0.02

Aegis Brands (TSX:AEG) 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.

Aegis Brands Cash-to-Debt Related Terms

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

Aegis Brands (TSX:AEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Aegis Brands Inc. (TSX:AEG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SCUPF:USA

Address

2040 Yonge Street, Suite 200B, Toronto, ON, CAN, M4S 1Z9

Website

https://www.aegisbrands.ca

Aegis Brands Inc. is a consolidator of brands in the food and beverage space with the view to allow entrepreneurial spirit while providing shared services that encourage unlimited growth.. The company operates the Second Cup Coffee Co TM specialty coffee business as part of a portfolio of brands that also includes its retail brands Bridgehead Coffee and Hemisphere Cannabis CoTM. The company owns the trademarks, trade names, operating procedures and systems and other intellectual property used in connection with the operation of these brands in Canada. Its revenues comprise royalties from franchised cafes, the sale of goods from company-operated cafes and retail cannabis dispensaries, the sale of goods through retail and other ancillary channels, and other service fees.