Apex Frozen Foods (NSE:APEX) Cash-to-Debt : N/A (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Apex Frozen Foods 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. Apex Frozen Foods's cash to debt ratio for the quarter that ended in Jun. 2024 was N/A.

The historical rank and industry rank for Apex Frozen Foods's Cash-to-Debt or its related term are showing as below:

NSE:APEX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.82
Current: 0.09

During the past 11 years, Apex Frozen Foods's highest Cash to Debt Ratio was 0.82. The lowest was 0.01. And the median was 0.07.

NSE:APEX's Cash-to-Debt is ranked worse than
80.92% of 1876 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs NSE:APEX: 0.09

Apex Frozen Foods Cash-to-Debt Historical Data

The historical data trend for Apex Frozen Foods'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.

* Premium members only.

Apex Frozen Foods Cash-to-Debt Chart

Apex Frozen Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.02

0.05

0.12

0.09

Apex Frozen Foods Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.23	N/A	0.09	N/A

Competitive Comparison of Apex Frozen Foods's Cash-to-Debt

For the Farm Products subindustry, Apex Frozen Foods'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.

Apex Frozen Foods's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apex Frozen Foods's Cash-to-Debt distribution charts can be found below:

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

Apex Frozen Foods 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.

Apex Frozen Foods'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)
	=	98.641	/	(995.411	+	73.52)
	=	0.09

Apex Frozen Foods's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

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

Apex Frozen Foods (NSE:APEX) 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.

Apex Frozen Foods Cash-to-Debt Related Terms

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

Apex Frozen Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Apex Frozen Foods Ltd (NSE:APEX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

540692:India

Address

Panasapadu, No. 3 - 160, East Godavari District, Kakinada, AP, IND, 533 005

Website

https://www.apexfrozenfoods.in

Apex Frozen Foods Ltd is a producer and exporter of shelf-stable quality aquaculture products. The company supplies ready-to-cook products to food companies, retail chains, restaurants, club stores, and distributors spread across the developed markets of the USA and various European countries. It produces two kinds of shrimp namely the Whiteleg shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus Monodon). These products are sold under the brands of Bay Fresh, Bay Harvest, and BayPremium.