Boss Packaging Solutions (NSE:BOSS) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Boss Packaging Solutions 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. Boss Packaging Solutions's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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

NSE:BOSS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.68 Max: 7.57
Current: 0.07

During the past 3 years, Boss Packaging Solutions's highest Cash to Debt Ratio was 7.57. The lowest was 0.07. And the median was 0.68.

NSE:BOSS's Cash-to-Debt is ranked worse than
93.54% of 3002 companies
in the Industrial Products industry
Industry Median: 1.23 vs NSE:BOSS: 0.07

Boss Packaging Solutions Cash-to-Debt Historical Data

The historical data trend for Boss Packaging Solutions'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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Boss Packaging Solutions Cash-to-Debt Chart

Boss Packaging Solutions Annual Data

Trend

Mar22

Mar23

Mar24

Cash-to-Debt

0.68

7.57

0.07

Boss Packaging Solutions Semi-Annual Data
	Mar22	Mar23	Mar24
Cash-to-Debt	0.68	7.57	0.07

Competitive Comparison of Boss Packaging Solutions's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Boss Packaging Solutions'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.

Boss Packaging Solutions's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Boss Packaging Solutions's Cash-to-Debt distribution charts can be found below:

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

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Boss Packaging Solutions 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.

Boss Packaging Solutions'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)
	=	0.45	/	(3.5	+	3.062)
	=	0.07

Boss Packaging Solutions'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)
	=	0.45	/	(3.5	+	3.062)
	=	0.07

Boss Packaging Solutions (NSE:BOSS) 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.

Boss Packaging Solutions Cash-to-Debt Related Terms

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Boss Packaging Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Boss Packaging Solutions Ltd (NSE:BOSS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vin Zol Road, Opposite Ramol Mehmdabad Highway, 11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Ahmedabad, GJ, IND, 382445

Website

http://www.bosspackaging.in

Boss Packaging Solutions Ltd is a manufacturer, supplier and exporter of diversified packaging machines, self-adhesive sticker labelling machines, conveyors, turn tables, web sealers, electric tunnels, etc. its products find application in various end-use industries including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquid, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetic and toiletries, and distilleries and breweries.