Mayank Cattle Food (BOM:544106) Cash-to-Debt : 0.01 (As of Sep. 2024)

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What is Mayank Cattle Food 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. Mayank Cattle Food's cash to debt ratio for the quarter that ended in Sep. 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, Mayank Cattle Food couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Mayank Cattle Food's Cash-to-Debt or its related term are showing as below:

BOM:544106' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.07
Current: 0.01

During the past 4 years, Mayank Cattle Food's highest Cash to Debt Ratio was 0.07. The lowest was 0.00. And the median was 0.00.

BOM:544106's Cash-to-Debt is ranked worse than
96.97% of 1879 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs BOM:544106: 0.01

Mayank Cattle Food Cash-to-Debt Historical Data

The historical data trend for Mayank Cattle Food'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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Mayank Cattle Food Cash-to-Debt Chart

Mayank Cattle Food Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.07

Mayank Cattle Food Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
Cash-to-Debt	0.07	-	-	-	0.01

Competitive Comparison of Mayank Cattle Food's Cash-to-Debt

For the Farm Products subindustry, Mayank Cattle Food'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.

Mayank Cattle Food's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mayank Cattle Food's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mayank Cattle Food's Cash-to-Debt falls into.

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Mayank Cattle Food 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.

Mayank Cattle Food'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)
	=	1.281	/	(248.322	+	103.828)
	=	0.00

Mayank Cattle Food's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	2.586	/	(264.645	+	88.13)
	=	0.01

Mayank Cattle Food (BOM:544106) 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.

Mayank Cattle Food Cash-to-Debt Related Terms

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

Mayank Cattle Food Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mayank Cattle Food Ltd (BOM:544106) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajkot Jamnagar Highway, R. S. No. 162, Near Khandheri Stadium, Village Naranka, Tal. Paddhari, Rajkot, GJ, IND, 360110

Website

https://www.mayankcattlefood.com

Mayank Cattle Food Ltd is engaged in the manufacturing of Maize Cake (Cattle Feed) and maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake, and trade in Cotton cakes and Cotton Bales. Maize Oil or Corn Oil is extracted from the germ of Maize (Corn) and Maize Cake is the by-product obtained from the extraction of Maize Oil which is very high in fat or oil content.

Mayank Cattle Food Headlines

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