LEEL Electricals (NSE:LEEL) Cash-to-Debt : 0.05 (As of Mar. 2018)

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What is LEEL Electricals 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. LEEL Electricals's cash to debt ratio for the quarter that ended in Mar. 2018 was 0.05.

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, LEEL Electricals couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2018.

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

NSE:LEEL's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.22
* Ranked among companies with meaningful Cash-to-Debt only.

LEEL Electricals Cash-to-Debt Historical Data

The historical data trend for LEEL Electricals'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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LEEL Electricals Cash-to-Debt Chart

LEEL Electricals Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Cash-to-Debt

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0.08

0.07

0.08

0.05

LEEL Electricals Semi-Annual Data
	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Cash-to-Debt	Get a 7-Day Free Trial							0.08	0.07	0.07	0.08	0.05

Competitive Comparison of LEEL Electricals's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.

LEEL Electricals's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LEEL Electricals's Cash-to-Debt distribution charts can be found below:

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

LEEL Electricals 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.

LEEL Electricals's Cash to Debt Ratio for the fiscal year that ended in Mar. 2018 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)
	=	295.7	/	(5488.3	+	2.1)
	=	0.05

LEEL Electricals's Cash to Debt Ratio for the quarter that ended in Mar. 2018 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)
	=	295.7	/	(5488.3	+	2.1)
	=	0.05

LEEL Electricals (NSE:LEEL) 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.

LEEL Electricals Cash-to-Debt Related Terms

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LEEL Electricals (NSE:LEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LEEL Electricals Ltd (NSE:LEEL) » Definitions » Cash-to-Debt

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Address

159, Okhla Industrial Estate, Phase - III, New Delhi, Delhi, IND, 110020

Website

http://www.leelelectric.com

LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.

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