Porwal Auto Components (BOM:532933) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Porwal Auto Components 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. Porwal Auto Components's cash to debt ratio for the quarter that ended in Mar. 2024 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, Porwal Auto Components 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 Porwal Auto Components's Cash-to-Debt or its related term are showing as below:

BOM:532933' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.02
Current: 0.02

During the past 13 years, Porwal Auto Components's highest Cash to Debt Ratio was 0.02. The lowest was 0.00. And the median was 0.00.

BOM:532933's Cash-to-Debt is ranked worse than
96.15% of 1299 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs BOM:532933: 0.02

Porwal Auto Components Cash-to-Debt Historical Data

The historical data trend for Porwal Auto Components'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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Porwal Auto Components Cash-to-Debt Chart

Porwal Auto Components Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.02

Porwal Auto Components 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															-	-	0.13	0.21	0.02

Competitive Comparison of Porwal Auto Components's Cash-to-Debt

For the Auto Parts subindustry, Porwal Auto Components'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.

Porwal Auto Components's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Porwal Auto Components's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Porwal Auto Components's Cash-to-Debt falls into.

Porwal Auto Components 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.

Porwal Auto Components'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)
	=	1.232	/	(56.188	+	1.088)
	=	0.02

Porwal Auto Components'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)
	=	1.232	/	(56.188	+	1.088)
	=	0.02

Porwal Auto Components (BOM:532933) 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.

Porwal Auto Components Cash-to-Debt Related Terms

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

Porwal Auto Components (BOM:532933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Porwal Auto Components Ltd (BOM:532933) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot number 209 & 215, Sector Number 1, Industrial Area, District Dhar, Pithampur, MP, IND, 454775

Website

https://www.porwalauto.com

Porwal Auto Components Ltd is a manufacturer of automobile components based in India. The company is involved in manufacture of ductile iron, grey cast iron steel, steel alloy casting components and subassemblies. It serves to the sectors like automobile, engineering, pumps and valves, agriculture and tractor equipment, construction equipment, machine tools, railways, and others. The products of the company include components for automobile, railway, heavy castings, and earth moving. The operating segment of the company is automobile components manufacturing.

Porwal Auto Components (BOM:532933) Headlines

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