Inox Wind Energy (BOM:543297) Cash-to-Debt : N/A (As of Jun. 2024)

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What is Inox Wind Energy 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. Inox Wind Energy's cash to debt ratio for the quarter that ended in Jun. 2024 was N/A.

The historical rank and industry rank for Inox Wind Energy's Cash-to-Debt or its related term are showing as below:

BOM:543297' s Cash-to-Debt Range Over the Past 10 Years
Min: -0.1 Med: 0.15 Max: 0.38
Current: -0.1

During the past 8 years, Inox Wind Energy's highest Cash to Debt Ratio was 0.38. The lowest was -0.10. And the median was 0.15.

BOM:543297's Cash-to-Debt is ranked worse than
99.97% of 2994 companies
in the Industrial Products industry
Industry Median: 1.18 vs BOM:543297: -0.10

Inox Wind Energy Cash-to-Debt Historical Data

The historical data trend for Inox Wind Energy'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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Inox Wind Energy Cash-to-Debt Chart

Inox Wind Energy Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.17

0.10

0.15

0.01

-0.10

Inox Wind Energy Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.16	N/A	-0.10	N/A

Competitive Comparison of Inox Wind Energy's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Inox Wind Energy'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.

Inox Wind Energy's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inox Wind Energy's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Inox Wind Energy's Cash-to-Debt falls into.

Inox Wind Energy 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.

Inox Wind Energy'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)
	=	-2145.955	/	(18416.769	+	2368.253)
	=	-0.10

Inox Wind Energy's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Inox Wind Energy (BOM:543297) 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.

Inox Wind Energy Cash-to-Debt Related Terms

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Inox Wind Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Inox Wind Energy Ltd (BOM:543297) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IWEL:India

Address

INOX Towers, Plot No. 17, Sector 16A, Noida, UP, IND, 201301

Website

https://www.inoxwind.com

Inox Wind Energy Ltd is engaged in the manufacturing and sale of wind turbine generators (WTGs). It also provides Erection, Procurement and Commissioning, Operations and Maintenance, and Common Infrastructure Facilities services for WTGs and wind farm development services. The company's area of operations is in India. The company generates revenue from the sale of goods, and services.

Inox Wind Energy Headlines

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