Ventura Textiles (BOM:516098) Cash-to-Debt : 0.00 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Ventura Textiles 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. Ventura Textiles's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, Ventura Textiles's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.00.

BOM:516098's Cash-to-Debt is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Ventura Textiles Cash-to-Debt Historical Data

The historical data trend for Ventura Textiles'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.

* Premium members only.

Ventura Textiles Cash-to-Debt Chart

Ventura Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.01

Ventura Textiles 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															-	N/A	0.01	N/A	-

Competitive Comparison of Ventura Textiles's Cash-to-Debt

For the Textile Manufacturing subindustry, Ventura Textiles'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.

Ventura Textiles's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ventura Textiles's Cash-to-Debt distribution charts can be found below:

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

Ventura Textiles 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.

Ventura Textiles'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)
	=	0.108	/	(2.322	+	70.027)
	=	0.00

Ventura Textiles'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)
	=	0.108	/	(2.322	+	70.027)
	=	0.00

Ventura Textiles (BOM:516098) 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.

Ventura Textiles Cash-to-Debt Related Terms

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

Ventura Textiles (BOM:516098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ventura Textiles Ltd (BOM:516098) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

J.B. Nagar, Andheri Kurla Road, Unit No. 121, Midas, Sahar Plaza, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.venturatextiles.com

Ventura Textiles Ltd is a textile manufacturing company based in India. The company is engaged mainly in the business of manufacturing textiles consisting of fabric and yarn. In addition, the company also produces grey fabrics, including industrial canvas, duck fabrics, denim, and drills. Its other activities comprise the preparation and spinning of textile fabrics; the weaving of textiles; and the manufacturing of made-up textile articles.

Ventura Textiles (BOM:516098) Headlines

No Headlines