Interloop (KAR:ILP) Cash-to-Debt : 0.04 (As of Mar. 2024)

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What is Interloop 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. Interloop's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.04.

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

KAR:ILP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.33
Current: 0.04

During the past 10 years, Interloop's highest Cash to Debt Ratio was 0.33. The lowest was 0.00. And the median was 0.02.

KAR:ILP's Cash-to-Debt is ranked worse than
86.85% of 1034 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs KAR:ILP: 0.04

Interloop Cash-to-Debt Historical Data

The historical data trend for Interloop'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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Interloop Cash-to-Debt Chart

Interloop Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.16

0.01

0.03

0.01

0.03

Interloop 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															0.03	0.03	0.05	0.04	0.04

Competitive Comparison of Interloop's Cash-to-Debt

For the Textile Manufacturing subindustry, Interloop'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.

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

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

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

Interloop 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.

Interloop'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)
	=	2044.502	/	(44160.017	+	15405.912)
	=	0.03

Interloop'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)
	=	2378.256	/	(47945.093	+	16179.636)
	=	0.04

Interloop (KAR:ILP) 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.

Interloop Cash-to-Debt Related Terms

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

Interloop (KAR:ILP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Interloop Ltd (KAR:ILP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-KM, Khurrianwala - Jaranwala Road, Khurrianwala, Faisalabad, PAK

Website

https://www.interloop-pk.com

Interloop Ltd is a Hosiery Manufacturing and Exporting company. Besides Hosiery, it is engaged in the manufacturing and selling of socks, leggies, denim, and yarn. In addition, it offers yarn dyeing services and generates electricity. Its segment comprises of Hosiery- a segment which engages in the sale of socks and tights; Spinning segment which relates to the sale of yarn; Denim segment; Energy segment; Apparel and Others.

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