Telares de Palo Grande S.A.C.A (CAR:TPG) Cash-to-Debt : 0.00 (As of . 20)

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What is Telares de Palo Grande S.A.C.A 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. Telares de Palo Grande S.A.C.A's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Telares de Palo Grande S.A.C.A couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

The historical rank and industry rank for Telares de Palo Grande S.A.C.A's Cash-to-Debt or its related term are showing as below:

CAR:TPG's Cash-to-Debt is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.47
* Ranked among companies with meaningful Cash-to-Debt only.

Telares de Palo Grande S.A.C.A Cash-to-Debt Historical Data

The historical data trend for Telares de Palo Grande S.A.C.A'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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Telares de Palo Grande S.A.C.A Cash-to-Debt Chart

Telares de Palo Grande S.A.C.A Annual Data

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Cash-to-Debt

Telares de Palo Grande S.A.C.A Semi-Annual Data

Cash-to-Debt

Competitive Comparison of Telares de Palo Grande S.A.C.A's Cash-to-Debt

For the Textile Manufacturing subindustry, Telares de Palo Grande S.A.C.A'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.

Telares de Palo Grande S.A.C.A's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Telares de Palo Grande S.A.C.A's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Telares de Palo Grande S.A.C.A's Cash-to-Debt falls into.

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Telares de Palo Grande S.A.C.A 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.

Telares de Palo Grande S.A.C.A's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Telares de Palo Grande S.A.C.A's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Telares de Palo Grande S.A.C.A (CAR:TPG) 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.

Telares de Palo Grande S.A.C.A Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Telares de Palo Grande S.A.C.A's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Telares de Palo Grande S.A.C.A Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Telares de Palo Grande S.A.C.A (CAR:TPG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zona Industrial Ruiz Pineda, a 200 mts. del Liceo Gran Mariscal de Ayacucho, Caricuao, Caracas, VEN

Website

http://telaresdepalogrande.com

Telares de Palo Grande S.A.C.A is engaged in manufacturing of towels.The company use Orinoco type cotton and American cotton, which the company convert into yarn to make the towels. The company is divided into Spinning department, Dry Cleaning Department and Clothing Department. It's equipment includes Schlafhorst open end spinning machines, Sulzer towel looms, Thies dyeing machines and Texpa automated sewing machines.