Focus Lighting and Fixtures (NSE:FOCUS) Cash-to-Debt : 2.49 (As of Mar. 2023)

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What is Focus Lighting and Fixtures 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. Focus Lighting and Fixtures's cash to debt ratio for the quarter that ended in Mar. 2023 was 2.49.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Focus Lighting and Fixtures could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

The historical rank and industry rank for Focus Lighting and Fixtures's Cash-to-Debt or its related term are showing as below:

NSE:FOCUS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.27 Max: 3.57
Current: 2.49

During the past 12 years, Focus Lighting and Fixtures's highest Cash to Debt Ratio was 3.57. The lowest was 0.06. And the median was 0.27.

NSE:FOCUS's Cash-to-Debt is ranked better than
69.59% of 411 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.95 vs NSE:FOCUS: 2.49

Focus Lighting and Fixtures Cash-to-Debt Historical Data

The historical data trend for Focus Lighting and Fixtures'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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Focus Lighting and Fixtures Cash-to-Debt Chart

Focus Lighting and Fixtures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.24

0.16

0.12

0.10

2.49

Focus Lighting and Fixtures Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial														0.12	0.21	0.10	2.54	2.49

Competitive Comparison of Focus Lighting and Fixtures's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Cash-to-Debt falls into.

Focus Lighting and Fixtures 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.

Focus Lighting and Fixtures's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	73.511	/	(29.5	+	0)
	=	2.49

Focus Lighting and Fixtures's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	73.511	/	(29.5	+	0)
	=	2.49

Focus Lighting and Fixtures (NSE:FOCUS) 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.

Focus Lighting and Fixtures Cash-to-Debt Related Terms

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

Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Focus Lighting and Fixtures Ltd (NSE:FOCUS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.pluslighttech.com

Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

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