International Baler (International Baler) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2022)

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What is International Baler 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. International Baler's cash to debt ratio for the quarter that ended in Jan. 2022 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, International Baler could pay off its debt using the cash in hand for the quarter that ended in Jan. 2022.

(1) 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.

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

IBAL'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.

International Baler Cash-to-Debt Historical Data

The historical data trend for International Baler'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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International Baler Cash-to-Debt Chart

International Baler Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Cash-to-Debt

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No Debt

5.81

No Debt

International Baler Quarterly Data
	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of International Baler's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, International Baler'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.

International Baler's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

International Baler 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.

International Baler's Cash to Debt Ratio for the fiscal year that ended in Oct. 2021 is calculated as:

International Baler had no debt ⁽¹⁾.

International Baler's Cash to Debt Ratio for the quarter that ended in Jan. 2022 is calculated as:

International Baler had no debt ⁽¹⁾.

International Baler (OTCPK:IBAL) 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.

International Baler Cash-to-Debt Related Terms

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

International Baler (International Baler) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » International Baler Corp (OTCPK:IBAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 Rio Grande Avenue, Jacksonville, FL, USA, 32254

Website

https://www.intl-baler.com

International Baler Corp is a manufacturer of baling equipment that is fabricated from steel and utilizes hydraulic and electrical components to compress a variety of materials into bales for easier handling, shipping, disposal, storage, and recycling. Materials commonly baled include scrap metal, corrugated boxes, newsprint, aluminum cans, plastic bottles, and other solid waste. Its applications include baling of textile materials, fibers, and synthetic rubber. The company recognizes revenues from the sale of finished products, equipment installation, and others primarily in the US.

Executives

Avis Industrial Corp	10 percent owner	POST OFFICE BOX 548 UPLAND IN 46989
Gregory L King	director	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Ramesh Outram	director	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Boren Estate Of Leland E	10 percent owner	P.O. BOX 218 UPLAND IN 46989
Victor W. Biazis	officer: President and CEO	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
David Roger Griffin	director, officer: President	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Alexander C Toppan	10 percent owner	40 SPECTACLE RIDGE ROAD SOUTH KENT CT 06785
Leland E Boren	10 percent owner	1909 SOUTH MAIN STREET P.O. BOX 548 UPLAND IN 46989
Martha R. Songer	director, officer: President and CEO	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Lael E. Boren	director	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
John J Martorana	director	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Matthew M Price	director	10 WEST MARKET STREET 2700 MARKET TOWER INDIANAPOLIS IN 46204
William E Nielsen	director, officer: President	5400 RIO GRANDE AVE. JACKSONVILLE FL 32254
David B Wilhelmy	director, officer: Vice President	5400 RIO GRANDE AVE. JACKSONVILLE FL 32254
Roth Robert B Sr	director	5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254

International Baler (International Baler) Headlines

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International Baler (International Baler) Cash-to-Debt : No Debt (1) (As of Jan. 2022)