Macobs Technologies (NSE:MACOBSTECH) Cash-to-Debt : 1.68 (As of Mar. 2024)

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What is Macobs Technologies 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. Macobs Technologies's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.68.

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, Macobs Technologies could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NSE:MACOBSTECH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.8 Med: 1.5 Max: 2.5
Current: 1.68

During the past 4 years, Macobs Technologies's highest Cash to Debt Ratio was 2.50. The lowest was 0.80. And the median was 1.50.

NSE:MACOBSTECH's Cash-to-Debt is ranked better than
73.65% of 1112 companies
in the Retail - Cyclical industry
Industry Median: 0.445 vs NSE:MACOBSTECH: 1.68

Macobs Technologies Cash-to-Debt Historical Data

The historical data trend for Macobs Technologies'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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Macobs Technologies Cash-to-Debt Chart

Macobs Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

1.33

2.50

0.80

1.68

Macobs Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Cash-to-Debt	1.33	2.50	0.80	0.69	1.68

Competitive Comparison of Macobs Technologies's Cash-to-Debt

For the Specialty Retail subindustry, Macobs Technologies'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.

Macobs Technologies's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Macobs Technologies's Cash-to-Debt distribution charts can be found below:

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

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Macobs Technologies 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.

Macobs Technologies'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)
	=	41.996	/	(18.861	+	6.152)
	=	1.68

Macobs Technologies'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)
	=	41.996	/	(18.861	+	6.152)
	=	1.68

Macobs Technologies (NSE:MACOBSTECH) 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.

Macobs Technologies Cash-to-Debt Related Terms

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Macobs Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Macobs Technologies Ltd (NSE:MACOBSTECH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. A-305, Backside National Handloom Corporation, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.macobstech.com

Macobs Technologies Ltd operates within the male grooming industry. It offer products specifically designed for men's grooming needs, encompassing tools like specialized trimmers for sensitive areas, hygiene products tailored for male skin, and a variety of self-care items. It sells its product through e-commerce channels.

Macobs Technologies Headlines

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