Bizotic Commercial (BOM:543926) Cash-to-Debt : 0.11 (As of Mar. 2024)

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What is Bizotic Commercial 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. Bizotic Commercial's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.11.

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, Bizotic Commercial 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 Bizotic Commercial's Cash-to-Debt or its related term are showing as below:

BOM:543926' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 22.01
Current: 0.11

During the past 6 years, Bizotic Commercial's highest Cash to Debt Ratio was 22.01. The lowest was 0.03. And the median was 0.11.

BOM:543926's Cash-to-Debt is ranked worse than
76.49% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs BOM:543926: 0.11

Bizotic Commercial Cash-to-Debt Historical Data

The historical data trend for Bizotic Commercial'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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Bizotic Commercial Cash-to-Debt Chart

Bizotic Commercial Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.03

0.04

N/A

0.11

Bizotic Commercial Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			0.04	N/A	N/A	8.74	0.11

Competitive Comparison of Bizotic Commercial's Cash-to-Debt

For the Apparel Manufacturing subindustry, Bizotic Commercial'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.

Bizotic Commercial's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bizotic Commercial's Cash-to-Debt falls into.

Bizotic Commercial 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.

Bizotic Commercial'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)
	=	2.334	/	(12.641	+	8.983)
	=	0.11

Bizotic Commercial'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)
	=	2.334	/	(12.641	+	8.983)
	=	0.11

Bizotic Commercial (BOM:543926) 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.

Bizotic Commercial Cash-to-Debt Related Terms

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

Bizotic Commercial (BOM:543926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bizotic Commercial Ltd (BOM:543926) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khokhra Circle, D-8, Samet Business Park, Near Parishkar, Khokhra, Ahmedabad, GJ, IND, 380008

Website

https://www.urbanunited.in

Bizotic Commercial Ltd manufactures, designs, and markets readymade garments, offering a diverse range of men's Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear. It serves its customers through the channels of retail stores and e-commerce. its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection, and packing. The company outsources the entire garments manufacturing on a job work basis from third-party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric, etc. to them who, based on the specifications, procure the requisite raw materials at their costs and begin the manufacturing process.

Bizotic Commercial (BOM:543926) Headlines

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