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ISMT (NSE:ISMTLTD) Cash-to-Debt : 0.06 (As of Mar. 2024)


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What is ISMT 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. ISMT's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.06.

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

NSE:ISMTLTD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.32
Current: 0.06

During the past 13 years, ISMT's highest Cash to Debt Ratio was 0.32. The lowest was 0.02. And the median was 0.04.

NSE:ISMTLTD's Cash-to-Debt is ranked worse than
86.27% of 612 companies
in the Steel industry
Industry Median: 0.44 vs NSE:ISMTLTD: 0.06

ISMT Cash-to-Debt Historical Data

The historical data trend for ISMT'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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ISMT Cash-to-Debt Chart

ISMT Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.25 0.32 0.06

ISMT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 N/A 0.41 N/A 0.06

Competitive Comparison of ISMT's Cash-to-Debt

For the Steel subindustry, ISMT'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.


ISMT's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ISMT's Cash-to-Debt distribution charts can be found below:

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



ISMT 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.

ISMT's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

ISMT's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


ISMT  (NSE:ISMTLTD) 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.


ISMT Cash-to-Debt Related Terms

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


ISMT (NSE:ISMTLTD) Business Description

Traded in Other Exchanges
Address
Panama House, Viman Nagar, Pune, MH, IND, 411014
ISMT Ltd is engaged in the manufacturing of steel and seamless hallows and tubes and tubular products for the bearing, automotive, mining, general engineering, energy, and high-value Oil country tubular goods (OCTG) sectors. The firm's segments include the Tube segment and the Steel segment. It produces both hot-finished, as well as cold-finished seamless tubes. It produces carbon, alloy, and martensitic stainless steel bars with an emphasis on ultra-clean steels, free machining steels, bearing steels, and other specially engineered steel grades. Its tubes are used in a range of applications, such as the manufacture of auto-components, bearing races, OCTG products, and drill rods. Geographically, it generates the majority of its revenue from India.

ISMT (NSE:ISMTLTD) Headlines

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