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Gabriel Pet Straps (BOM:544108) Cash-to-Debt : 0.65 (As of Mar. 2024)


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What is Gabriel Pet Straps 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. Gabriel Pet Straps's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.65.

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, Gabriel Pet Straps 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 Gabriel Pet Straps's Cash-to-Debt or its related term are showing as below:

BOM:544108' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.35   Max: No Debt
Current: 0.65

During the past 4 years, Gabriel Pet Straps's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.35.

BOM:544108's Cash-to-Debt is ranked worse than
62.6% of 3005 companies
in the Industrial Products industry
Industry Median: 1.23 vs BOM:544108: 0.65

Gabriel Pet Straps Cash-to-Debt Historical Data

The historical data trend for Gabriel Pet Straps'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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Gabriel Pet Straps Cash-to-Debt Chart

Gabriel Pet Straps Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
No Debt 0.01 0.05 0.65

Gabriel Pet Straps Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Cash-to-Debt No Debt 0.01 0.05 0.65

Competitive Comparison of Gabriel Pet Straps's Cash-to-Debt

For the Tools & Accessories subindustry, Gabriel Pet Straps'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.

Gabriel Pet Straps's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gabriel Pet Straps's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gabriel Pet Straps's Cash-to-Debt falls into.


Gabriel Pet Straps 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.

Gabriel Pet Straps'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)
=18.888 / (5.507 + 23.414)
=0.65

Gabriel Pet Straps'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)
=18.888 / (5.507 + 23.414)
=0.65

* 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.

Gabriel Pet Straps  (BOM:544108) 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.

Gabriel Pet Straps Cash-to-Debt Related Terms

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Gabriel Pet Straps (BOM:544108) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gabriel Pet Straps Ltd (BOM:544108) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
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Address
Website
https://www.gabrielpetstraps.com
Gabriel Pet Straps Ltd is is engaged in the manufacturing and selling of Pet Straps under brand name of "Gabriel" widely used in packaging of heavy materials. It produce Pet Strap from 9mm to 32mm width and thickness ranging from 0.70mm to 1.30mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth etc.

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