Bobshell Electrodes (BOM:526925) Cash-to-Debt : 304.47 (As of Mar. 2024)

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What is Bobshell Electrodes 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. Bobshell Electrodes's cash to debt ratio for the quarter that ended in Mar. 2024 was 304.47.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Bobshell Electrodes could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:526925' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.66 Med: 5152.23 Max: No Debt
Current: 304.47

During the past 8 years, Bobshell Electrodes's highest Cash to Debt Ratio was No Debt. The lowest was 2.66. And the median was 5152.23.

BOM:526925's Cash-to-Debt is not ranked
in the Industrial Products industry.
Industry Median: 1.23 vs BOM:526925: 304.47

Bobshell Electrodes Cash-to-Debt Historical Data

The historical data trend for Bobshell Electrodes'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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Bobshell Electrodes Cash-to-Debt Chart

Bobshell Electrodes Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

4.97

No Debt

3.46

2.66

304.47

Bobshell Electrodes Quarterly Data
	Mar17	Mar18	Mar19	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															2.66	N/A	3.84	N/A	304.47

Competitive Comparison of Bobshell Electrodes's Cash-to-Debt

For the Tools & Accessories subindustry, Bobshell Electrodes'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.

Bobshell Electrodes's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Bobshell Electrodes 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.

Bobshell Electrodes'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)
	=	13.701	/	(0.045	+	0)
	=	304.47

Bobshell Electrodes'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)
	=	13.701	/	(0.045	+	0)
	=	304.47

Bobshell Electrodes (BOM:526925) 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.

Bobshell Electrodes Cash-to-Debt Related Terms

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

Bobshell Electrodes (BOM:526925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bobshell Electrodes Ltd (BOM:526925) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Near Lal Bunglow, C.G. Road, 802, 8th Floor, Swagat Building, Ellisbridge, Ahmedabad, GJ, IND, 380006

Website

https://www.bobshell.net

Bobshell Electrodes Ltd is engaged in the business of manufacturing and marketing Low Heat Input Maintenance Welding Electrodes. The manufacturing unit of the company is situated at Village: Rakanpur, District: Gandhinagar in the state of Gujarat- India. Its portfolio of the company includes - Filling/Cladding Metal, Joining, and Surfacing.

Bobshell Electrodes (BOM:526925) Headlines

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