Binayak Tex Processors (BOM:523054) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Binayak Tex Processors 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. Binayak Tex Processors's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

BOM:523054' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.14
Current: 0.12

During the past 13 years, Binayak Tex Processors's highest Cash to Debt Ratio was 0.14. The lowest was 0.00. And the median was 0.10.

BOM:523054's Cash-to-Debt is ranked worse than
73.91% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs BOM:523054: 0.12

Binayak Tex Processors Cash-to-Debt Historical Data

The historical data trend for Binayak Tex Processors'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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Binayak Tex Processors Cash-to-Debt Chart

Binayak Tex Processors Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.04

0.03

0.01

Binayak Tex Processors Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	-	N/A	0.12	N/A

Competitive Comparison of Binayak Tex Processors's Cash-to-Debt

For the Textile Manufacturing subindustry, Binayak Tex Processors'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.

Binayak Tex Processors's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Binayak Tex Processors's Cash-to-Debt falls into.

Binayak Tex Processors 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.

Binayak Tex Processors's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	0.345	/	(416.682	+	104.216)
	=	0.00

Binayak Tex Processors's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Binayak Tex Processors (BOM:523054) 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.

Binayak Tex Processors Cash-to-Debt Related Terms

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

Binayak Tex Processors (BOM:523054) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Binayak Tex Processors Ltd (BOM:523054) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Kalbadevi Road, 5th Floor, 384-M, Dhabolkar Wadi, Mumbai, MH, IND, 400002

Website

https://www.binayaktex.com

Binayak Tex Processors Ltd engaged in the manufacturing of textile fabrics. It operates through the Textile Business and Finance Business segments. The firm is also engaged in the business of manufacturing and processing of textile fabrics. Its products include prints, such as wax print, all-over print, reactive print, discharge print and single color dye, and home-textile, such as bed sets and quilts. The company offers bed sheets, towels, kitchen apron, curtains, pillows, and cushions. The company has two segments Textile business and Finance business segment.

Binayak Tex Processors (BOM:523054) Headlines

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