Mena Mani Industries (BOM:531127) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Mena Mani 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. Mena Mani Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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, Mena Mani 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 Mena Mani Industries's Cash-to-Debt or its related term are showing as below:

BOM:531127' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: No Debt
Current: 0.02

During the past 13 years, Mena Mani Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.05.

BOM:531127's Cash-to-Debt is ranked worse than
97.35% of 528 companies
in the Conglomerates industry
Industry Median: 0.49 vs BOM:531127: 0.02

Mena Mani Industries Cash-to-Debt Historical Data

The historical data trend for Mena Mani 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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Mena Mani Industries Cash-to-Debt Chart

Mena Mani Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.04

0.01

0.02

Mena Mani 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															0.01	N/A	No Debt	N/A	0.02

Competitive Comparison of Mena Mani Industries's Cash-to-Debt

For the Conglomerates subindustry, Mena Mani 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.

Mena Mani Industries's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mena Mani Industries's Cash-to-Debt distribution charts can be found below:

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

Mena Mani 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.

Mena Mani 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)
	=	3.516	/	(0	+	159.51)
	=	0.02

Mena Mani 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)
	=	3.516	/	(0	+	159.51)
	=	0.02

Mena Mani Industries (BOM:531127) 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.

Mena Mani Industries Cash-to-Debt Related Terms

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Mena Mani Industries (BOM:531127) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mena Mani Industries Ltd (BOM:531127) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ambli - Bopal Road, 4th Floor, Karm Corporate House, Opposite Vikramnagar, Near Newyork Timber, Ahmedabad, GJ, IND, 380059

Website

https://www.menamani.in

Mena Mani Industries Ltd is an Indian based engaged in the business of trading of Biofuel and Electronic Products and other information technological activities. The revenue of the company is generated from trading of Bio Diesel & Construction & other technological activities.

Mena Mani Industries (BOM:531127) Headlines

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