Welspun Specialty Solutions (BOM:500365) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Welspun Specialty Solutions 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. Welspun Specialty Solutions's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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, Welspun Specialty Solutions couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:500365' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.55
Current: 0.01

During the past 13 years, Welspun Specialty Solutions's highest Cash to Debt Ratio was 0.55. The lowest was 0.00. And the median was 0.02.

BOM:500365's Cash-to-Debt is ranked worse than
97.72% of 615 companies
in the Steel industry
Industry Median: 0.42 vs BOM:500365: 0.01

Welspun Specialty Solutions Cash-to-Debt Historical Data

The historical data trend for Welspun Specialty Solutions'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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Welspun Specialty Solutions Cash-to-Debt Chart

Welspun Specialty Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.01

0.02

0.01

Welspun Specialty Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															-	N/A	0.01	N/A	0.01

Competitive Comparison of Welspun Specialty Solutions's Cash-to-Debt

For the Steel subindustry, Welspun Specialty Solutions'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.

Welspun Specialty Solutions's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welspun Specialty Solutions's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Welspun Specialty Solutions's Cash-to-Debt falls into.

Welspun Specialty Solutions 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.

Welspun Specialty Solutions's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	12.3	/	(1371.9	+	1223.2)
	=	0.00

Welspun Specialty Solutions's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	12.3	/	(1371.9	+	1223.2)
	=	0.00

Welspun Specialty Solutions (BOM:500365) 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.

Welspun Specialty Solutions Cash-to-Debt Related Terms

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

Welspun Specialty Solutions (BOM:500365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Welspun Specialty Solutions Ltd (BOM:500365) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, Kamala Mills Compound, 5th Floor, Welspun House, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.welspunspecialty.com

Welspun Specialty Solutions Ltd is engaged in the manufacturing of alloy and stainless steel products. The firm serves various industries such as automotive energy, defense, nuclear power, and aerospace. The company's business is predominantly confined to India.

Welspun Specialty Solutions (BOM:500365) Headlines

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