Kkalpana Industries (India) (BOM:526409) Cash-to-Debt : 0.19 (As of Mar. 2024)

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What is Kkalpana Industries (India) 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. Kkalpana Industries (India)'s cash to debt ratio for the quarter that ended in Mar. 2024 was 0.19.

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, Kkalpana Industries (India) 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 Kkalpana Industries (India)'s Cash-to-Debt or its related term are showing as below:

BOM:526409' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.22
Current: 0.19

During the past 13 years, Kkalpana Industries (India)'s highest Cash to Debt Ratio was 0.22. The lowest was 0.02. And the median was 0.08.

BOM:526409's Cash-to-Debt is ranked worse than
78.95% of 1549 companies
in the Chemicals industry
Industry Median: 0.74 vs BOM:526409: 0.19

Kkalpana Industries (India) Cash-to-Debt Historical Data

The historical data trend for Kkalpana Industries (India)'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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Kkalpana Industries (India) Cash-to-Debt Chart

Kkalpana Industries (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.15

0.07

0.02

0.22

0.19

Kkalpana Industries (India) 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															0.22	N/A	0.12	N/A	0.19

Competitive Comparison of Kkalpana Industries (India)'s Cash-to-Debt

For the Specialty Chemicals subindustry, Kkalpana Industries (India)'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.

Kkalpana Industries (India)'s Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kkalpana Industries (India)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kkalpana Industries (India)'s Cash-to-Debt falls into.

Kkalpana Industries (India) 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.

Kkalpana Industries (India)'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)
	=	84.898	/	(8.925	+	432.723)
	=	0.19

Kkalpana Industries (India)'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)
	=	84.898	/	(8.925	+	432.723)
	=	0.19

Kkalpana Industries (India) (BOM:526409) 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.

Kkalpana Industries (India) Cash-to-Debt Related Terms

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Kkalpana Industries (India) (BOM:526409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kkalpana Industries (India) Ltd (BOM:526409) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

16A Shakespeare Sarani, Room No. 3, 4th Floor,, New BK Market, Kolkata, WB, IND, 700071

Website

https://www.kkalpanagroup.com

Kkalpana Industries (India) Ltd is engaged in the manufacturing and sale of Poly Vinyl Chloride, Polyethylene, Antifab, and EP Compounds. The Company operates in a single reportable operating segment i.e. reprocessed plastic compounds. Its product range includes PVC compounds, PE compounds, Filled compounds and masterbatches, Colour and specialty masterbatches, Footwear compounds, Pipe compounds, and Engineering plastics including nylon and Inks such as printing inks, flexo, and gravure, adhesives, and resins. The group sells its products in India and also exports them to the Overseas market, of which prime revenue is generated within India.

Kkalpana Industries (India) (BOM:526409) Headlines

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