Indo Tech Transformers (BOM:532717) Cash-to-Debt : 11.60 (As of Mar. 2024)

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What is Indo Tech Transformers 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. Indo Tech Transformers's cash to debt ratio for the quarter that ended in Mar. 2024 was 11.60.

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, Indo Tech Transformers 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 Indo Tech Transformers's Cash-to-Debt or its related term are showing as below:

BOM:532717' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.14 Med: No Debt Max: No Debt
Current: 11.6

During the past 13 years, Indo Tech Transformers's highest Cash to Debt Ratio was No Debt. The lowest was 1.14. And the median was No Debt.

BOM:532717's Cash-to-Debt is ranked better than
78.34% of 2996 companies
in the Industrial Products industry
Industry Median: 1.23 vs BOM:532717: 11.60

Indo Tech Transformers Cash-to-Debt Historical Data

The historical data trend for Indo Tech Transformers'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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Indo Tech Transformers Cash-to-Debt Chart

Indo Tech Transformers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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No Debt

39.84

1.14

11.60

Indo Tech Transformers 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															1.14	N/A	10.38	N/A	11.60

Competitive Comparison of Indo Tech Transformers's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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.

Indo Tech Transformers's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Indo Tech Transformers's Cash-to-Debt falls into.

Indo Tech Transformers 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.

Indo Tech Transformers'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)
	=	580	/	(13.2	+	36.8)
	=	11.60

Indo Tech Transformers'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)
	=	580	/	(13.2	+	36.8)
	=	11.60

Indo Tech Transformers (BOM:532717) 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.

Indo Tech Transformers Cash-to-Debt Related Terms

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

Indo Tech Transformers (BOM:532717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Indo Tech Transformers Ltd (BOM:532717) » Definitions » Cash-to-Debt

Traded in Other Exchanges

INDOTECH:India

Address

Survey No.153-210, Near Rajakulam, KM-64, Illuppapattu Village, Kancheepuram, TN, IND, 631561

Website

https://www.indo-tech.com

Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.

Indo Tech Transformers (BOM:532717) Headlines

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