Salasar Techno Engineering (BOM:540642) Cash-to-Debt : 0.51 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Salasar Techno Engineering 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. Salasar Techno Engineering's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.51.

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

BOM:540642' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.51
Current: 0.51

During the past 12 years, Salasar Techno Engineering's highest Cash to Debt Ratio was 0.51. The lowest was 0.00. And the median was 0.03.

BOM:540642's Cash-to-Debt is ranked better than
54.63% of 615 companies
in the Steel industry
Industry Median: 0.45 vs BOM:540642: 0.51

Salasar Techno Engineering Cash-to-Debt Historical Data

The historical data trend for Salasar Techno Engineering'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.

* Premium members only.

Salasar Techno Engineering Cash-to-Debt Chart

Salasar Techno Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.05

0.51

Salasar Techno Engineering 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															-	N/A	0.28	N/A	0.51

Competitive Comparison of Salasar Techno Engineering's Cash-to-Debt

For the Steel subindustry, Salasar Techno Engineering'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.

Salasar Techno Engineering's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salasar Techno Engineering's Cash-to-Debt distribution charts can be found below:

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

Salasar Techno Engineering 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.

Salasar Techno Engineering'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)
	=	1782.666	/	(3093.111	+	407.354)
	=	0.51

Salasar Techno Engineering'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)
	=	1782.666	/	(3093.111	+	407.354)
	=	0.51

Salasar Techno Engineering (BOM:540642) 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.

Salasar Techno Engineering Cash-to-Debt Related Terms

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

Salasar Techno Engineering (BOM:540642) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Salasar Techno Engineering Ltd (BOM:540642) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SALASAR:India

Address

E-20, South Extension I, New Delhi, IND, 110049

Website

https://www.salasartechno.com

Salasar Techno Engineering Ltd is engaged in the manufacturing of galvanized M.S. steel structures and related activities. It is engaged in the manufacturing and fabrication of steel structures for Telecom Towers, Transmission Towers, Utilities Poles, High Mast Poles, Stadium Lighting Poles, Flag Poles, and Smart City Poles Substations Structures, Railway Electrification (OHE), and Solar Module Mounting Structures. The Firm has two reportable segments namely, Steel structure, which derives majority of revenue and comprises manufacturing and sale of Galvanized and Non-galvanized Steel Structures including Telecom Towers, Transmission Line Towers, and Solar Panels; and EPC projects, which comprise survey, supply of materials, design, erection, testing and commissioning on a trunkey basis.

Salasar Techno Engineering (BOM:540642) Headlines

No Headlines