Western Marine Shipyard (DHA:WMSHIPYARD) Cash-to-Debt : 0.01 (As of Jun. 2023)

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What is Western Marine Shipyard 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. Western Marine Shipyard's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.01.

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, Western Marine Shipyard couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Western Marine Shipyard's Cash-to-Debt or its related term are showing as below:

DHA:WMSHIPYARD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.1
Current: 0.01

During the past 9 years, Western Marine Shipyard's highest Cash to Debt Ratio was 0.10. The lowest was 0.01. And the median was 0.02.

DHA:WMSHIPYARD's Cash-to-Debt is ranked worse than
97.39% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.58 vs DHA:WMSHIPYARD: 0.01

Western Marine Shipyard Cash-to-Debt Historical Data

The historical data trend for Western Marine Shipyard'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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Western Marine Shipyard Cash-to-Debt Chart

Western Marine Shipyard Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.02

0.01

Western Marine Shipyard Semi-Annual Data
	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial				0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Western Marine Shipyard's Cash-to-Debt

For the Aerospace & Defense subindustry, Western Marine Shipyard'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.

Western Marine Shipyard's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Western Marine Shipyard's Cash-to-Debt falls into.

Western Marine Shipyard 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.

Western Marine Shipyard's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	100.077	/	(757.2	+	20111.884)
	=	0.00

Western Marine Shipyard's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	100.077	/	(757.2	+	20111.884)
	=	0.00

Western Marine Shipyard (DHA:WMSHIPYARD) 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.

Western Marine Shipyard Cash-to-Debt Related Terms

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

Western Marine Shipyard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Western Marine Shipyard Ltd (DHA:WMSHIPYARD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

1440/A Strand Road, Amin Future Park, 7th Floor, Chittagong, BGD, 4100

Website

http://www.wms.com.bd

Western Marine Shipyard Ltd operates its business in the maritime industry. The company specializes in ship repairing and export of marine supplies. Its other business activities are to establish, build, construct shipyard, dockyard, slipway and to undertake ownership/management of shipyard and dockyard. The company builds different types of ships such as bulk carrier, container, tanker, passenger, petrol vassal, and fishing trawler.

Western Marine Shipyard Headlines

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