Aadi Industries (BOM:530027) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Aadi Industries 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. Aadi Industries'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, Aadi Industries 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 Aadi Industries's Cash-to-Debt or its related term are showing as below:

BOM:530027' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.34
Current: 0.01

During the past 13 years, Aadi Industries's highest Cash to Debt Ratio was 0.34. The lowest was 0.00. And the median was 0.02.

BOM:530027's Cash-to-Debt is ranked worse than
98.32% of 1547 companies
in the Chemicals industry
Industry Median: 0.74 vs BOM:530027: 0.01

Aadi Industries Cash-to-Debt Historical Data

The historical data trend for Aadi Industries'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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Aadi Industries Cash-to-Debt Chart

Aadi Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.02

0.01

Aadi Industries 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	0.01	N/A	0.01

Competitive Comparison of Aadi Industries's Cash-to-Debt

For the Specialty Chemicals subindustry, Aadi Industries'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.

Aadi Industries's Cash-to-Debt Distribution in the Chemicals Industry

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

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

Aadi Industries 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.

Aadi Industries'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)
	=	0.882	/	(68.342	+	0)
	=	0.01

Aadi Industries'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)
	=	0.882	/	(68.342	+	0)
	=	0.01

Aadi Industries (BOM:530027) 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.

Aadi Industries Cash-to-Debt Related Terms

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

Aadi Industries (BOM:530027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aadi Industries Ltd (BOM:530027) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vallabh Baug Lane, 421, 4th Floor, Kailash Plaza, Near R-Odeon Mall, Ghatkopar (East), Mumbai, MH, IND, 400077

Website

https://www.aadiindustries.co

Aadi Industries Ltd is engaged in the business of trading plastic products and plastic granules. The Company deals in plastic raw materials majorly categorized as commodity, engineering and specialty plastics. The Company has an expertise in dealing with Commodity Plastics. Commodity plastics are the major products that account for bulk of the plastics and in turn for petrochemical industry. Commodity plastics comprise of Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC) and Polystyrene.

Aadi Industries (BOM:530027) Headlines

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