Dolfin Rubbers (BOM:542013) Cash-to-Debt : 0.06 (As of Mar. 2024)

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What is Dolfin Rubbers 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. Dolfin Rubbers's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.06.

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, Dolfin Rubbers 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 Dolfin Rubbers's Cash-to-Debt or its related term are showing as below:

BOM:542013' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 1.32
Current: 0.06

During the past 11 years, Dolfin Rubbers's highest Cash to Debt Ratio was 1.32. The lowest was 0.01. And the median was 0.07.

BOM:542013's Cash-to-Debt is ranked worse than
90.85% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs BOM:542013: 0.06

Dolfin Rubbers Cash-to-Debt Historical Data

The historical data trend for Dolfin Rubbers'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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Dolfin Rubbers Cash-to-Debt Chart

Dolfin Rubbers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.04

0.01

0.06

Dolfin Rubbers Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	N/A	0.06	N/A	0.06

Competitive Comparison of Dolfin Rubbers's Cash-to-Debt

For the Auto Parts subindustry, Dolfin Rubbers'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.

Dolfin Rubbers's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dolfin Rubbers's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Dolfin Rubbers's Cash-to-Debt falls into.

Dolfin Rubbers 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.

Dolfin Rubbers'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)
	=	8.272	/	(120.155	+	26.284)
	=	0.06

Dolfin Rubbers'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)
	=	8.272	/	(120.155	+	26.284)
	=	0.06

Dolfin Rubbers (BOM:542013) 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.

Dolfin Rubbers Cash-to-Debt Related Terms

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

Dolfin Rubbers (BOM:542013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dolfin Rubbers Ltd (BOM:542013) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

26-A, Bhai Randhir Singh Nagar, Opposite Ramesh Eye Hospital, Ludhiana, PB, IND, 141012

Website

https://www.dolfintyres.com

Dolfin Rubbers Ltd The Company is mainly engaged in Manufacturing Rubber Tyres and Tubes, so the Management considers this the only business segment of the Company. The company's main business is in India. Based on its vehicle types, the tire market can be segmented into passenger cars, light commercial vehicles, medium and heavy commercial vehicles, two-wheelers and three-wheelers, and off-road, among others.

Dolfin Rubbers (BOM:542013) Headlines

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