Adamas One (Adamas One) Cash-to-Debt : 0.19 (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Adamas One 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. Adamas One's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.19.

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, Adamas One couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

JEWL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 1.6
Current: 0.19

During the past 3 years, Adamas One's highest Cash to Debt Ratio was 1.60. The lowest was 0.01. And the median was 0.12.

JEWL's Cash-to-Debt is ranked worse than
71.16% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs JEWL: 0.19

Adamas One Cash-to-Debt Historical Data

The historical data trend for Adamas One'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.

Adamas One Cash-to-Debt Chart

Adamas One Annual Data

Trend

Sep20

Sep21

Sep22

Cash-to-Debt

0.05

0.01

Adamas One Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial						-	0.01	1.60	0.49	0.19

Competitive Comparison of Adamas One's Cash-to-Debt

For the Luxury Goods subindustry, Adamas One'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.

Adamas One's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adamas One's Cash-to-Debt distribution charts can be found below:

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

Adamas One 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.

Adamas One's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	0.088	/	(8.441	+	0)
	=	0.01

Adamas One's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.651	/	(2.233	+	1.186)
	=	0.19

Adamas One (NAS:JEWL) 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.

Adamas One Cash-to-Debt Related Terms

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

Adamas One (Adamas One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adamas One Corp (NAS:JEWL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

17767 N. Perimeter Drive, Suite B115, Scottsdale, AZ, USA, 85255

Website

https://www.adamasone.com

Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.

Executives

John Grdina	director, officer: President and CEO	8340 E. RAINTREE DR. UNIT D, SCOTTSDALE AZ 85260
Gerald A Mcguire	officer: Chief Operating Officer	SCIO DIAMOND TECHNOLOGY CORPORATION, 411 UNIVERSITY RIDGE, STE D, GREENVILLE SC 29601
Alan B. Menkes	director	1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Paul Vassilakos	director	180 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Thierry J Chaunu	director	17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85255
George C Chien	director	17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85225
Steven Staehr	officer: Chief Financial Officer	9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Pubco, Llc	10 percent owner	10645 N. TATUM BLVD., PHOENIX AZ 85028