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Laxmipati Engineering Works (BOM:537669) Cash-to-Debt : 0.00 (As of Mar. 2024)


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What is Laxmipati Engineering Works 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. Laxmipati Engineering Works's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.00.

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, Laxmipati Engineering Works 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 Laxmipati Engineering Works's Cash-to-Debt or its related term are showing as below:

During the past 11 years, Laxmipati Engineering Works's highest Cash to Debt Ratio was 0.05. The lowest was 0.00. And the median was 0.02.

BOM:537669's Cash-to-Debt is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.68
* Ranked among companies with meaningful Cash-to-Debt only.

Laxmipati Engineering Works Cash-to-Debt Historical Data

The historical data trend for Laxmipati Engineering Works'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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Laxmipati Engineering Works Cash-to-Debt Chart

Laxmipati Engineering Works Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.01 - -

Laxmipati Engineering Works Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - - - -

Competitive Comparison of Laxmipati Engineering Works's Cash-to-Debt

For the Aerospace & Defense subindustry, Laxmipati Engineering Works'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.


Laxmipati Engineering Works's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Laxmipati Engineering Works's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Laxmipati Engineering Works's Cash-to-Debt falls into.



Laxmipati Engineering Works 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.

Laxmipati Engineering Works's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Laxmipati Engineering Works's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


Laxmipati Engineering Works  (BOM:537669) 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.


Laxmipati Engineering Works Cash-to-Debt Related Terms

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


Laxmipati Engineering Works (BOM:537669) Business Description

Traded in Other Exchanges
N/A
Address
Central Park Society, Office Block 1st Floor, Plot No. 237/2 and 3, Sub Plot No. A/25, GIDC, Pandesara, Surat, GJ, IND, 394221
Laxmipati Engineering Works Ltd is engaged in the Business of Ship Building, Ship Repair, Fabrication, Heavy Engineering, Engineering Infrastructure and services and Precision Machining.

Laxmipati Engineering Works (BOM:537669) Headlines

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