Rex Sealing and Packaging Industries (BOM:543744) Cash-to-Debt : 0.10 (As of Sep. 2023)

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What is Rex Sealing and Packaging Industries 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. Rex Sealing and Packaging Industries's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.10.

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, Rex Sealing and Packaging Industries 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 Rex Sealing and Packaging Industries's Cash-to-Debt or its related term are showing as below:

BOM:543744' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.1
Current: 0.1

During the past 4 years, Rex Sealing and Packaging Industries's highest Cash to Debt Ratio was 0.10. The lowest was 0.01. And the median was 0.02.

BOM:543744's Cash-to-Debt is ranked worse than
85.74% of 1066 companies
in the Business Services industry
Industry Median: 0.975 vs BOM:543744: 0.10

Rex Sealing and Packaging Industries Cash-to-Debt Historical Data

The historical data trend for Rex Sealing and Packaging Industries'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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Rex Sealing and Packaging Industries Cash-to-Debt Chart

Rex Sealing and Packaging Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.01

0.02

0.01

0.07

Rex Sealing and Packaging Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			0.02	0.01	N/A	0.07	0.10

Competitive Comparison of Rex Sealing and Packaging Industries's Cash-to-Debt

For the Specialty Business Services subindustry, Rex Sealing and Packaging Industries'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.

Rex Sealing and Packaging Industries's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rex Sealing and Packaging Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rex Sealing and Packaging Industries's Cash-to-Debt falls into.

Rex Sealing and Packaging Industries 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.

Rex Sealing and Packaging Industries'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)
	=	0.722	/	(2.363	+	8.7)
	=	0.07

Rex Sealing and Packaging Industries'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)
	=	2.124	/	(12.707	+	8.7)
	=	0.10

Rex Sealing and Packaging Industries (BOM:543744) 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.

Rex Sealing and Packaging Industries Cash-to-Debt Related Terms

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Rex Sealing and Packaging Industries (BOM:543744) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rex Sealing and Packaging Industries Ltd (BOM:543744) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

D K Road, A-207, 2nd Floor, Plot No.711 A, Byculla Services Industries, Ghodapdeo, Byculla (East), Mumbai, MH, IND, 400027

Website

https://www.rexseal.com

Rex Sealing and Packaging Industries Ltd is a manufacturer and exporter of sealing packing and insulation products including jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature resistant textiles, ceramic fiber products, and others.

Rex Sealing and Packaging Industries (BOM:543744) Headlines

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