Bestway Cement Co (KAR:BWCL) Cash-to-Debt : 0.03 (As of Sep. 2024)

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What is Bestway Cement Co 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. Bestway Cement Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.03.

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, Bestway Cement Co 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 Bestway Cement Co's Cash-to-Debt or its related term are showing as below:

KAR:BWCL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 3.51
Current: 0.03

During the past 13 years, Bestway Cement Co's highest Cash to Debt Ratio was 3.51. The lowest was 0.01. And the median was 0.03.

KAR:BWCL's Cash-to-Debt is ranked worse than
93.54% of 387 companies
in the Building Materials industry
Industry Median: 0.42 vs KAR:BWCL: 0.03

Bestway Cement Co Cash-to-Debt Historical Data

The historical data trend for Bestway Cement Co'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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Bestway Cement Co Cash-to-Debt Chart

Bestway Cement Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.26

0.06

0.08

0.03

Bestway Cement Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.02	0.01	0.03	0.03

Competitive Comparison of Bestway Cement Co's Cash-to-Debt

For the Building Materials subindustry, Bestway Cement Co'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.

Bestway Cement Co's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Bestway Cement Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bestway Cement Co's Cash-to-Debt falls into.

Bestway Cement Co 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.

Bestway Cement Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1561.072	/	(21656.08	+	40682.768)
	=	0.03

Bestway Cement Co'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)
	=	1458.417	/	(19164.471	+	39525.375)
	=	0.02

Bestway Cement Co (KAR:BWCL) 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.

Bestway Cement Co Cash-to-Debt Related Terms

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Bestway Cement Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Bestway Cement Co Ltd (KAR:BWCL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-A, College Road, Bestway Building, F-7 Markaz, Islamabad, PB, PAK, 44000

Website

https://www.bestway.com.pk

Bestway Cement Co Ltd is engaged in the production and sale of cement in the local and export market. Its products include Bestway, Pakcem, Stallion, Ecocem, Low Alkali Cement, and others. The company operates in Pakistan and also export to other countries. Geographically, the majority of the revenue is generated from Pakistan.

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