Sai Swami Metals & Alloys (BOM:544170) Cash-to-Debt : 0.13 (As of Sep. 2024)

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What is Sai Swami Metals & Alloys 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. Sai Swami Metals & Alloys's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.13.

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, Sai Swami Metals & Alloys 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 Sai Swami Metals & Alloys's Cash-to-Debt or its related term are showing as below:

BOM:544170' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.13
Current: 0.13

During the past 1 years, Sai Swami Metals & Alloys's highest Cash to Debt Ratio was 0.13. The lowest was 0.02. And the median was 0.10.

BOM:544170's Cash-to-Debt is ranked worse than
74.56% of 625 companies
in the Steel industry
Industry Median: 0.38 vs BOM:544170: 0.13

Sai Swami Metals & Alloys Cash-to-Debt Historical Data

The historical data trend for Sai Swami Metals & Alloys'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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Sai Swami Metals & Alloys Cash-to-Debt Chart

Sai Swami Metals & Alloys Annual Data

Trend

Mar23

Cash-to-Debt

0.02

Sai Swami Metals & Alloys Semi-Annual Data
	Mar23	Sep23	Sep24
Cash-to-Debt	0.02	0.10	0.13

Competitive Comparison of Sai Swami Metals & Alloys's Cash-to-Debt

For the Steel subindustry, Sai Swami Metals & Alloys'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.

Sai Swami Metals & Alloys's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sai Swami Metals & Alloys's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sai Swami Metals & Alloys's Cash-to-Debt falls into.

Sai Swami Metals & Alloys 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.

Sai Swami Metals & Alloys's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	1.593	/	(57.318	+	10.209)
	=	0.02

Sai Swami Metals & Alloys'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)
	=	13.418	/	(94.384	+	6.033)
	=	0.13

Sai Swami Metals & Alloys (BOM:544170) 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.

Sai Swami Metals & Alloys Cash-to-Debt Related Terms

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Sai Swami Metals & Alloys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sai Swami Metals & Alloys Ltd (BOM:544170) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

05, Harekrishana Industrial Estate Bakrol, Daskroi, Ahmedabad, GJ, IND, 382430

Website

https://www.saiswamimetals.com

Sai Swami Metals & Alloys Ltd is involved in the trading and marketing of a comprehensive array of stainless steel products. Its product range includes kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. Also engaged in trading of basic raw material like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round (Mild Steel Round) and M.S. beam.

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