Credo Brands Marketing (NSE:MUFTI) Cash-to-Debt : N/A (As of Jun. 2024)

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What is Credo Brands Marketing 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. Credo Brands Marketing's cash to debt ratio for the quarter that ended in Jun. 2024 was N/A.

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

NSE:MUFTI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.33
Current: 0.01

During the past 4 years, Credo Brands Marketing's highest Cash to Debt Ratio was 0.33. The lowest was 0.01. And the median was 0.04.

NSE:MUFTI's Cash-to-Debt is ranked worse than
97.94% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.43 vs NSE:MUFTI: 0.01

Credo Brands Marketing Cash-to-Debt Historical Data

The historical data trend for Credo Brands Marketing'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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Credo Brands Marketing Cash-to-Debt Chart

Credo Brands Marketing Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.18

0.33

0.04

0.01

Credo Brands Marketing Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			0.04	0.01	N/A	0.01	N/A

Competitive Comparison of Credo Brands Marketing's Cash-to-Debt

For the Apparel Retail subindustry, Credo Brands Marketing'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.

Credo Brands Marketing's Cash-to-Debt Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Credo Brands Marketing's Cash-to-Debt falls into.

Credo Brands Marketing 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.

Credo Brands Marketing'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)
	=	16.64	/	(669.17	+	1862.62)
	=	0.01

Credo Brands Marketing's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

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

Credo Brands Marketing (NSE:MUFTI) 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.

Credo Brands Marketing Cash-to-Debt Related Terms

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Credo Brands Marketing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Credo Brands Marketing Ltd (NSE:MUFTI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

544058:India

Address

B-8, MIDC Central Road, Marol, Next to MIDC Police Station, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.credobrands.in

Credo Brands Marketing Ltd is a homegrown brand in the mid-premium and premium men's casual wear market in India. The product offerings range from shirts to t-shirts to jeans to chinos, which cater to all year-round clothing. The Company is primarily engaged in the business of retailing of Men's casual wear under its Brand MUFTI. The company generates the majority of its revenue from the sale of its products.

Credo Brands Marketing Headlines

No Headlines