Vedant Fashions (NSE:MANYAVAR) Cash-to-Debt : N/A (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Vedant Fashions 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. Vedant Fashions's cash to debt ratio for the quarter that ended in Dec. 2024 was N/A.

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

NSE:MANYAVAR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.92 Med: 1.56 Max: 2.26
Current: 1.56

During the past 6 years, Vedant Fashions's highest Cash to Debt Ratio was 2.26. The lowest was 0.92. And the median was 1.56.

NSE:MANYAVAR's Cash-to-Debt is ranked better than
71.02% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.475 vs NSE:MANYAVAR: 1.56

Vedant Fashions Cash-to-Debt Historical Data

The historical data trend for Vedant Fashions'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.

Vedant Fashions Cash-to-Debt Chart

Vedant Fashions Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

1.58

2.26

1.55

2.19

1.43

Vedant Fashions Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial														N/A	1.43	N/A	1.56	N/A

Competitive Comparison of Vedant Fashions's Cash-to-Debt

For the Apparel Manufacturing subindustry, Vedant Fashions'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.

Vedant Fashions's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Vedant Fashions 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.

Vedant Fashions'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)
	=	6343.78	/	(1177.7	+	3266.49)
	=	1.43

Vedant Fashions's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

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

Vedant Fashions (NSE:MANYAVAR) 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.

Vedant Fashions Cash-to-Debt Related Terms

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

Vedant Fashions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vedant Fashions Ltd (NSE:MANYAVAR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

543463:India

Address

19 Canal South Road, Paridhan Garment Park, A501-A502, SDF-1, 4th Floor, Kolkata, WB, IND, 700 015

Website

https://www.vedantfashions.com

Vedant Fashions Ltd is engaged in the men's Indian wedding and celebration wear segment.The Company has only one reportable segment i.e., branded fashion apparel and accessories. The company's products include men's ethnic and celebration wear items such as Indo-western, sherwanis, kurtas, jackets and accessories such as jutti, safa, mala, and women's ethnic and celebration wear items such as lehengas, sarees, stitched suits, gowns and kurtis.

Vedant Fashions Headlines

No Headlines