Bemco Hydraulics (BOM:522650) Cash-to-Debt : 0.38 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Bemco Hydraulics 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. Bemco Hydraulics's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.38.

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

BOM:522650' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.88
Current: 0.38

During the past 13 years, Bemco Hydraulics's highest Cash to Debt Ratio was 0.88. The lowest was 0.01. And the median was 0.03.

BOM:522650's Cash-to-Debt is ranked worse than
73.08% of 3005 companies
in the Industrial Products industry
Industry Median: 1.23 vs BOM:522650: 0.38

Bemco Hydraulics Cash-to-Debt Historical Data

The historical data trend for Bemco Hydraulics'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.

Bemco Hydraulics Cash-to-Debt Chart

Bemco Hydraulics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.26

0.88

0.02

0.38

Bemco Hydraulics 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															0.02	N/A	1.57	N/A	0.38

Competitive Comparison of Bemco Hydraulics's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Bemco Hydraulics'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.

Bemco Hydraulics's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Bemco Hydraulics 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.

Bemco Hydraulics'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)
	=	83.649	/	(185.94	+	32.378)
	=	0.38

Bemco Hydraulics'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)
	=	83.649	/	(185.94	+	32.378)
	=	0.38

Bemco Hydraulics (BOM:522650) 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.

Bemco Hydraulics Cash-to-Debt Related Terms

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

Bemco Hydraulics (BOM:522650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bemco Hydraulics Ltd (BOM:522650) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Udyambag, Industrial Estate, Belgaum, KA, IND, 590 008

Website

https://www.bemcohydraulics.net

Bemco Hydraulics Ltd is an India-based company operating in the manufacturing and sale of hydraulic press machine, portable re-railing equipment, advanced high-performance components, and systems. The company's products are used in heavy engineering works, Aeronautics, defense, Railways, Automobile, forging, and Sheet metal. Its product includes C Frame/Throat Type Presses, Straightening Press, Sheet Metal Forming, Moulding Presses, Baling Presses, SPMs, and Hydraulic Wheel Fitting Presses. The company generates maximum revenue from Portable Re-Railing Equipements.

Bemco Hydraulics (BOM:522650) Headlines

No Headlines