Freshtrop Fruits (BOM:530077) Cash-to-Debt : 13.25 (As of Mar. 2024)

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What is Freshtrop Fruits 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. Freshtrop Fruits's cash to debt ratio for the quarter that ended in Mar. 2024 was 13.25.

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

BOM:530077' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.25 Max: 13.25
Current: 13.25

During the past 13 years, Freshtrop Fruits's highest Cash to Debt Ratio was 13.25. The lowest was 0.07. And the median was 0.25.

BOM:530077's Cash-to-Debt is ranked better than
88.89% of 306 companies
in the Retail - Defensive industry
Industry Median: 0.43 vs BOM:530077: 13.25

Freshtrop Fruits Cash-to-Debt Historical Data

The historical data trend for Freshtrop Fruits'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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Freshtrop Fruits Cash-to-Debt Chart

Freshtrop Fruits Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.24

0.32

0.28

13.25

Freshtrop Fruits 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															0.28	N/A	0.40	N/A	13.25

Competitive Comparison of Freshtrop Fruits's Cash-to-Debt

For the Food Distribution subindustry, Freshtrop Fruits'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.

Freshtrop Fruits's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Freshtrop Fruits's Cash-to-Debt distribution charts can be found below:

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

Freshtrop Fruits 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.

Freshtrop Fruits'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)
	=	731.628	/	(55.185	+	0.049)
	=	13.25

Freshtrop Fruits'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)
	=	731.628	/	(55.185	+	0.049)
	=	13.25

Freshtrop Fruits (BOM:530077) 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.

Freshtrop Fruits Cash-to-Debt Related Terms

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

Freshtrop Fruits (BOM:530077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Freshtrop Fruits Ltd (BOM:530077) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Road, A-603, Shapath IV, Opposite Karnavati Club, Ahmedabad, GJ, IND, 380015

Website

https://www.freshtrop.com

Freshtrop Fruits Ltd is an India-based company engaged in the export of fresh fruits and processed fruits and vegetables with its business base in India. The company operates in two segments, Fresh Fruits and Processed fruits and vegetables. The Fresh Fruits segment, which is the key revenue driver, supplies fresh grapes, pomegranates, and mangoes. The Processed fruits and vegetables segment supplies mango pulp, guava pulp, pomegranate concentrate, tomato paste, and puree and cold processed juice. Geographically, it has operations in India as well as outside India; of which the majority of revenue is derived from customers outside India.

Freshtrop Fruits (BOM:530077) Headlines

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