Lambodhara Textiles (BOM:590075) Cash-to-Debt : 0.57 (As of Mar. 2024)

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What is Lambodhara Textiles 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. Lambodhara Textiles's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.57.

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, Lambodhara Textiles 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 Lambodhara Textiles's Cash-to-Debt or its related term are showing as below:

BOM:590075' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.18 Max: 0.68
Current: 0.57

During the past 13 years, Lambodhara Textiles's highest Cash to Debt Ratio was 0.68. The lowest was 0.02. And the median was 0.18.

BOM:590075's Cash-to-Debt is ranked better than
54.28% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs BOM:590075: 0.57

Lambodhara Textiles Cash-to-Debt Historical Data

The historical data trend for Lambodhara Textiles'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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Lambodhara Textiles Cash-to-Debt Chart

Lambodhara Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.25

0.51

0.68

0.59

0.57

Lambodhara Textiles Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.59	N/A	0.64	N/A	0.57

Competitive Comparison of Lambodhara Textiles's Cash-to-Debt

For the Textile Manufacturing subindustry, Lambodhara Textiles'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.

Lambodhara Textiles's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lambodhara Textiles's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lambodhara Textiles's Cash-to-Debt falls into.

Lambodhara Textiles 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.

Lambodhara Textiles'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)
	=	325.166	/	(161.191	+	407.584)
	=	0.57

Lambodhara Textiles'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)
	=	325.166	/	(161.191	+	407.584)
	=	0.57

Lambodhara Textiles (BOM:590075) 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.

Lambodhara Textiles Cash-to-Debt Related Terms

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

Lambodhara Textiles (BOM:590075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lambodhara Textiles Ltd (BOM:590075) » Definitions » Cash-to-Debt

Traded in Other Exchanges

LAMBODHARA:India

Address

1075-B, Avinashi Road, 3A, 3rd Floor, B Block, Pioneer Apartment, Coimbatore, TN, IND, 641018

Website

https://www.lambodharatextiles.com

Lambodhara Textiles Ltd is an India-based operates in the textile division. The business activity of the group includes manufacturing of synthetic yarn. It operates through Textile, Power Generation, and Real Estate segment. It offers products related to yarn such as Slub yarns, Multicount and multi-twist yarns, Siro yarns and Neppy yarns, among others. The company derives revenues from the sale of manufactured goods and stock in trade. The company derives the majority of its revenue from Textiles segment.

Lambodhara Textiles (BOM:590075) Headlines

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