Kahan Packaging (BOM:543979) Cash-to-Debt : 0.01 (As of Mar. 2023)

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What is Kahan Packaging 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. Kahan Packaging's cash to debt ratio for the quarter that ended in Mar. 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, Kahan Packaging couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

BOM:543979' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.05
Current: 0.01

During the past 4 years, Kahan Packaging's highest Cash to Debt Ratio was 0.05. The lowest was 0.01. And the median was 0.01.

BOM:543979's Cash-to-Debt is ranked worse than
96.61% of 384 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs BOM:543979: 0.01

Kahan Packaging Cash-to-Debt Historical Data

The historical data trend for Kahan Packaging'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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Kahan Packaging Cash-to-Debt Chart

Kahan Packaging Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.05

0.01

Kahan Packaging Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Cash-to-Debt	0.05	0.01	0.01	0.01

Competitive Comparison of Kahan Packaging's Cash-to-Debt

For the Packaging & Containers subindustry, Kahan Packaging'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.

Kahan Packaging's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kahan Packaging's Cash-to-Debt distribution charts can be found below:

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

Kahan Packaging 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.

Kahan Packaging'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)
	=	0.41	/	(34.794	+	42.596)
	=	0.01

Kahan Packaging's Cash to Debt Ratio for the quarter 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)
	=	0.41	/	(34.794	+	42.596)
	=	0.01

Kahan Packaging (BOM:543979) 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.

Kahan Packaging Cash-to-Debt Related Terms

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Kahan Packaging (BOM:543979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kahan Packaging Ltd (BOM:543979) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

212, Jhalawar Service Premises, E S Patanwalla Compound, Opp. Shreyas Talkies, L.B.S.Marg, Ghatkopar - West, Mumbai, MH, IND, 400086

Website

https://www.kpackltd.com

Kahan Packaging Ltd is a company in the business of manufacturing and supply of Polypropylene / High Density Polyethylene, HDPE Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer's specifications. It offers customized bulk packaging solutions to business-to business (B2B) manufacturers catering to different industries such as Agro Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry.

Kahan Packaging (BOM:543979) Headlines

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