Lanka Walltiles (COL:LWL.N0000) Cash-to-Debt : 0.09 (As of Mar. 2024)

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What is Lanka Walltiles 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. Lanka Walltiles's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.09.

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

COL:LWL.N0000' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.7
Current: 0.09

During the past 13 years, Lanka Walltiles's highest Cash to Debt Ratio was 0.70. The lowest was 0.04. And the median was 0.20.

COL:LWL.N0000's Cash-to-Debt is ranked worse than
87.27% of 1681 companies
in the Construction industry
Industry Median: 0.63 vs COL:LWL.N0000: 0.09

Lanka Walltiles Cash-to-Debt Historical Data

The historical data trend for Lanka Walltiles'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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Lanka Walltiles Cash-to-Debt Chart

Lanka Walltiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.04

0.46

0.70

0.17

0.09

Lanka Walltiles 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															0.17	0.13	0.09	0.21	0.09

Competitive Comparison of Lanka Walltiles's Cash-to-Debt

For the Building Products & Equipment subindustry, Lanka Walltiles'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.

Lanka Walltiles's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lanka Walltiles's Cash-to-Debt distribution charts can be found below:

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

Lanka Walltiles 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.

Lanka Walltiles'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)
	=	1395.989	/	(8385.765	+	7641.953)
	=	0.09

Lanka Walltiles'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)
	=	1395.989	/	(8385.765	+	7641.953)
	=	0.09

Lanka Walltiles (COL:LWL.N0000) 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.

Lanka Walltiles Cash-to-Debt Related Terms

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

Lanka Walltiles (COL:LWL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lanka Walltiles PLC (COL:LWL.N0000) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, Nawala Road, Narahenpita, Colombo, LKA, 05

Website

https://www.lankatiles.com

Lanka Walltiles PLC is a ceramic wall tile manufacturer in Sri Lanka. The company comprises the following business segments: Tiles and Associated Items segment, which manufactures and distributes wall tiles, floor tiles and related products; Biological Assets segment is engaged in the cultivation, processing, and sale of tea and rubber; Aluminum Products segment is engaged in the manufacturing and distribution of aluminum extrusions and allied products through a network of dealers and distributors; and Packaging Materials division, which manufactures and distributes packaging materials. The company caters to both domestic and international markets.

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