Super Fine Knitters (BOM:540269) Cash-to-Debt : 0.01 (As of Sep. 2023)

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What is Super Fine Knitters 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. Super Fine Knitters's cash to debt ratio for the quarter that ended in Sep. 2023 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, Super Fine Knitters couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

BOM:540269' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.17
Current: 0.01

During the past 12 years, Super Fine Knitters's highest Cash to Debt Ratio was 0.17. The lowest was 0.00. And the median was 0.02.

BOM:540269's Cash-to-Debt is ranked worse than
95.23% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.49 vs BOM:540269: 0.01

Super Fine Knitters Cash-to-Debt Historical Data

The historical data trend for Super Fine Knitters'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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Super Fine Knitters Cash-to-Debt Chart

Super Fine Knitters Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.03

0.02

Super Fine Knitters Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															-	-	0.01	-	0.01

Competitive Comparison of Super Fine Knitters's Cash-to-Debt

For the Textile Manufacturing subindustry, Super Fine Knitters'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.

Super Fine Knitters's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Super Fine Knitters's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Super Fine Knitters's Cash-to-Debt falls into.

Super Fine Knitters 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.

Super Fine Knitters'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)
	=	0.53	/	(54.796	+	66.121)
	=	0.00

Super Fine Knitters's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.594	/	(54.959	+	73.82)
	=	0.00

Super Fine Knitters (BOM:540269) 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.

Super Fine Knitters Cash-to-Debt Related Terms

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Super Fine Knitters (BOM:540269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Super Fine Knitters Ltd (BOM:540269) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

C-5, Phase V, Focal Point, Ludhiana, PB, IND, 141010

Website

https://www.superfineknitters.com

Super Fine Knitters Ltd is engaged in the business of manufacturing knitted cloth and garments. The company also supplies knitted fabrics and apparel to national and international brands. Geographically, all the operations are conducted in India.

Super Fine Knitters (BOM:540269) Headlines

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