Nath Industries (BOM:502587) Cash-to-Debt : 0.21 (As of Mar. 2024)

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What is Nath Industries 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. Nath Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.21.

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

BOM:502587' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.32
Current: 0.21

During the past 13 years, Nath Industries's highest Cash to Debt Ratio was 0.32. The lowest was 0.00. And the median was 0.08.

BOM:502587's Cash-to-Debt is ranked worse than
59.65% of 285 companies
in the Forest Products industry
Industry Median: 0.32 vs BOM:502587: 0.21

Nath Industries Cash-to-Debt Historical Data

The historical data trend for Nath Industries'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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Nath Industries Cash-to-Debt Chart

Nath Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.08

0.15

0.26

0.09

0.21

Nath Industries 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															0.09	N/A	0.15	N/A	0.21

Competitive Comparison of Nath Industries's Cash-to-Debt

For the Paper & Paper Products subindustry, Nath Industries'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.

Nath Industries's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nath Industries's Cash-to-Debt distribution charts can be found below:

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

Nath Industries 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.

Nath Industries'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)
	=	220.771	/	(731.286	+	327.51)
	=	0.21

Nath Industries'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)
	=	220.771	/	(731.286	+	327.51)
	=	0.21

Nath Industries (BOM:502587) 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.

Nath Industries Cash-to-Debt Related Terms

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

Nath Industries (BOM:502587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nath Industries Ltd (BOM:502587) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

86, Veer Nariman Road, 1, Chateau Windsor, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.nathindustries.com

Nath Industries Ltd is engaged in the manufacturing of Papers and its related products. It produces various specialty and industrial grades of papers used for various decorative, Multipart stationery, Gift wrapping, and Packing. The company's product mix includes various grades of paper such as Absorbent Kraft, Writing and Printing Paper, Carbon Base, Poster, Napkin grade tissue, Gift Wrapping Tissue, Color Tissues, Masking Paper, and Protection paper. Its segments include Paper and Industrial Chemicals. It generates maximum revenue from the Paper segment.

Nath Industries (BOM:502587) Headlines

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