Amass Brands Inc. is a modern beverage and lifestyle company centered on the use of botanicals to create premium social ritual products. Operating primarily in the spirits industry, the company produces a range of high-end alcoholic beverages, including its flagship AMASS Dry Gin and AMASS Vodka, which are crafted with diverse global botanicals. Recognizing the growing trend toward wellness and moderation, the company also offers sophisticated non-alcoholic spirits, such as Riverine, designed to provide a complex drinking experience without alcohol. Beyond beverages, Amass Brands has successfully extended its botanical expertise into the personal care and home categories. Its product line includes hand sanitizers, soaps, lotions, and candles, all formulated with the same attention to natural ingredients and scent profiles as its spirits. This cross-category strategy allows the company to build a holistic lifestyle brand that integrates into various aspects of the consumer's daily life. Amass employs an omni-channel distribution model, reaching consumers through premium retail outlets, high-end bars and restaurants, and a robust direct-to-consumer e-commerce platform. By combining traditional distilling techniques with modern branding and a focus on natural, plant-based ingredients, Amass Brands aims to lead the 'clean' movement within the global spirits and beverage market.
How many years of EBITDA are required to pay off the company's net debt, according to the official accounting standard IFRS16. As a market consensus, a value of up to 3 years of leverage is accepted for most companies.
How much the company's debt represents in % in relation to its equity. As a market consensus, a value less than or equal to 1 is accepted, above that leverage can end up hurting the final result at some point.
The current ratio helps investors understand more about a company's ability to cover its short-term debt with its current assets and make apples-to-apples comparisons with its competitors and peers.
The quick ratio measures a company's capacity to pay its current liabilities without needing to sell its inventory or obtain additional financing and is considered a more conservative measure than the current ratio, which includes all current assets as coverage for current liabilities.
The interest coverage ratio is used to measure how well a firm can pay the interest due on outstanding debt and is is calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expense during a given period. Generally, a higher coverage ratio is better, although the ideal ratio may vary by industry.
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