Shakti Press (BOM:526841) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Shakti Press 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. Shakti Press's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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

BOM:526841' s Cash-to-Debt Range Over the Past 10 Years
Min: -0.15 Med: 0 Max: 0.01
Current: 0.01

During the past 13 years, Shakti Press's highest Cash to Debt Ratio was 0.01. The lowest was -0.15. And the median was 0.00.

BOM:526841's Cash-to-Debt is ranked worse than
98.31% of 1068 companies
in the Business Services industry
Industry Median: 0.99 vs BOM:526841: 0.01

Shakti Press Cash-to-Debt Historical Data

The historical data trend for Shakti Press'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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Shakti Press Cash-to-Debt Chart

Shakti Press Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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N/A

0.01

Shakti Press 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	N/A	0.01	N/A	0.01

Competitive Comparison of Shakti Press's Cash-to-Debt

For the Specialty Business Services subindustry, Shakti Press'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.

Shakti Press's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shakti Press's Cash-to-Debt distribution charts can be found below:

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

Shakti Press 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.

Shakti Press'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)
	=	1.307	/	(78.974	+	39.101)
	=	0.01

Shakti Press'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)
	=	1.307	/	(78.974	+	39.101)
	=	0.01

Shakti Press (BOM:526841) 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.

Shakti Press Cash-to-Debt Related Terms

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

Shakti Press (BOM:526841) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shakti Press Ltd (BOM:526841) » Definitions » Cash-to-Debt

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Address

At Mondha Village, Tah Hingna, Nagpur, MH, IND, 440028

Website

https://www.shaktipresslimited.com

Shakti Press Ltd is engaged in the Books, corrugated Boxes, Paper Plates and Printed Labels manufacturing business. The company has an Automatic Folding and Pasting Machine for the manufacturing of DUPLEX CARTONS. The company's installed Capacity in the Corrugation Plant is more than 500 Tons per month.

Shakti Press (BOM:526841) Headlines

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