Lancer Container Lines (BOM:539841) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Lancer Container Lines 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. Lancer Container Lines's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

BOM:539841' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.24 Max: 2.05
Current: 0.26

During the past 12 years, Lancer Container Lines's highest Cash to Debt Ratio was 2.05. The lowest was 0.06. And the median was 0.24.

BOM:539841's Cash-to-Debt is ranked worse than
65.63% of 969 companies
in the Transportation industry
Industry Median: 0.48 vs BOM:539841: 0.26

Lancer Container Lines Cash-to-Debt Historical Data

The historical data trend for Lancer Container Lines'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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Lancer Container Lines Cash-to-Debt Chart

Lancer Container Lines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.18

0.25

0.80

1.20

0.16

Lancer Container Lines 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															N/A	0.16	N/A	0.26	N/A

Competitive Comparison of Lancer Container Lines's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Lancer Container Lines'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.

Lancer Container Lines's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Lancer Container Lines's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lancer Container Lines's Cash-to-Debt falls into.

Lancer Container Lines 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.

Lancer Container Lines's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	464.263	/	(77.081	+	2750.868)
	=	0.16

Lancer Container Lines's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Lancer Container Lines (BOM:539841) 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.

Lancer Container Lines Cash-to-Debt Related Terms

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

Lancer Container Lines (BOM:539841) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lancer Container Lines Ltd (BOM:539841) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit Nos. H02-2, H02-3 & H02-4, Plot No. 60, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

http://www.lancermarine.in

Lancer Container Lines Ltd is an India-based logistics company engaged in providing coastal water transport services of intermodal containers by container ships. The group provides logistic services such as non-vessel-operating common carrier, freight forwarding, container trading and leasing and container yard. The organization provides the services on a global basis. The company operates only in one segment namely Non Vessel Owners Operating Carrier.

Lancer Container Lines (BOM:539841) Headlines

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