Relicab Cable Manufacturing (BOM:539760) Cash-to-Debt : 0.65 (As of Sep. 2023)

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What is Relicab Cable Manufacturing 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. Relicab Cable Manufacturing's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.65.

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, Relicab Cable Manufacturing couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Relicab Cable Manufacturing's Cash-to-Debt or its related term are showing as below:

BOM:539760' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.2 Max: 0.65
Current: 0.65

During the past 11 years, Relicab Cable Manufacturing's highest Cash to Debt Ratio was 0.65. The lowest was 0.02. And the median was 0.20.

BOM:539760's Cash-to-Debt is ranked worse than
62.88% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs BOM:539760: 0.65

Relicab Cable Manufacturing Cash-to-Debt Historical Data

The historical data trend for Relicab Cable Manufacturing'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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Relicab Cable Manufacturing Cash-to-Debt Chart

Relicab Cable Manufacturing Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.02

0.05

0.03

0.02

0.06

Relicab Cable Manufacturing Semi-Annual Data
	Mar13	Mar14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.28	0.02	0.27	0.06	0.65

Competitive Comparison of Relicab Cable Manufacturing's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Relicab Cable Manufacturing'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.

Relicab Cable Manufacturing's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Relicab Cable Manufacturing's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Relicab Cable Manufacturing's Cash-to-Debt falls into.

Relicab Cable Manufacturing 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.

Relicab Cable Manufacturing's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	5.803	/	(38.275	+	67.946)
	=	0.05

Relicab Cable Manufacturing's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	63.162	/	(3.775	+	94.056)
	=	0.65

Relicab Cable Manufacturing (BOM:539760) 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.

Relicab Cable Manufacturing Cash-to-Debt Related Terms

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Relicab Cable Manufacturing (BOM:539760) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Relicab Cable Manufacturing Ltd (BOM:539760) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

57/1,(4-B) Benslore Industrial Estate, Village Dunetha, Nani Daman, Daman, Daman, IND, 396210

Website

https://www.relicab.com

Relicab Cable Manufacturing Ltd is engaged in the manufacturing and exporting of wires and cables for varied industrial applications. The company offers wires and cables including armored or unarmored and single-core as well as multi-core flexible cables and power cables. Its product offering includes PVC Cables, Telephone Cables, Single Core Cables, Multicore Flexible Cables, Elevator Flat Cable, Copper Conductors, and other related products.

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