Brand Concepts (NSE:BCONCEPTS) Cash-to-Debt : 0.10 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Brand Concepts 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. Brand Concepts's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.10.

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

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

During the past 12 years, Brand Concepts's highest Cash to Debt Ratio was 0.10. The lowest was 0.01. And the median was 0.02.

NSE:BCONCEPTS's Cash-to-Debt is ranked worse than
78.18% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs NSE:BCONCEPTS: 0.10

Brand Concepts Cash-to-Debt Historical Data

The historical data trend for Brand Concepts'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.

Brand Concepts Cash-to-Debt Chart

Brand Concepts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.01

0.02

0.10

Brand Concepts Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	N/A	0.55	N/A	0.10

Competitive Comparison of Brand Concepts's Cash-to-Debt

For the Footwear & Accessories subindustry, Brand Concepts'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.

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

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

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

Brand Concepts 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.

Brand Concepts'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)
	=	63.193	/	(434.429	+	198.255)
	=	0.10

Brand Concepts'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)
	=	63.193	/	(434.429	+	198.255)
	=	0.10

Brand Concepts (NSE:BCONCEPTS) 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.

Brand Concepts Cash-to-Debt Related Terms

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

Brand Concepts (NSE:BCONCEPTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Brand Concepts Ltd (NSE:BCONCEPTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

543442:India

Address

140/2/2, Ring Road Square, Musakhedi, Indore, MP, IND, 452001

Website

https://www.brandconcepts.in

Brand Concepts Ltd is an Indian company engaged in Trading of Travel Bags and accessories. It offers products such as luggage trolleys, backpacks, small leather goods like belts, clutches, and wallets for both men and women, women's handbags, and lifestyle accessories. The company sells its products through Myntra Jabong India Pvt. Ltd. and Shoppers Stop Ltd. The company has one reportable segment i.e. "Trading of Travel Bags and Accessories".

Brand Concepts (NSE:BCONCEPTS) Headlines

No Headlines