Indong Tea Co (BOM:543769) Cash-to-Debt : 0.01 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Indong Tea Co 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. Indong Tea Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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, Indong Tea Co 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 Indong Tea Co's Cash-to-Debt or its related term are showing as below:

BOM:543769' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.48
Current: 0.01

During the past 5 years, Indong Tea Co's highest Cash to Debt Ratio was 0.48. The lowest was 0.01. And the median was 0.02.

BOM:543769's Cash-to-Debt is ranked worse than
96.43% of 1876 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs BOM:543769: 0.01

Indong Tea Co Cash-to-Debt Historical Data

The historical data trend for Indong Tea Co'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.

Indong Tea Co Cash-to-Debt Chart

Indong Tea Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.01

0.02

0.04

0.48

0.01

Indong Tea Co Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			0.04	0.01	0.48	0.27	0.01

Competitive Comparison of Indong Tea Co's Cash-to-Debt

For the Farm Products subindustry, Indong Tea Co'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.

Indong Tea Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Indong Tea Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Indong Tea Co's Cash-to-Debt falls into.

Indong Tea Co 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.

Indong Tea Co'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)
	=	0.978	/	(68.046	+	35.47)
	=	0.01

Indong Tea Co'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)
	=	0.978	/	(68.046	+	35.47)
	=	0.01

Indong Tea Co (BOM:543769) 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.

Indong Tea Co Cash-to-Debt Related Terms

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

Indong Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Indong Tea Co Ltd (BOM:543769) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/1, Middleton Street, 5th Floor, Sikkim Commerce House, Kolkata, WB, IND, 700071

Website

https://www.indongteaco.com

Indong Tea Co Ltd is involved in cultivating, manufacturing, and selling tea. The company's main business is the production of tea, which is sold through auction centers and as bulk or private sales. Their product portfolio includes CTC (Crush/Cut, Tear, Curl) Black Tea, and a Dairy Unit.

Indong Tea Co Headlines

No Headlines