Polysil Irrigation Systems (NSE:POLYSIL) Cash-to-Debt : 0.00 (As of Mar. 2023)

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What is Polysil Irrigation Systems 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. Polysil Irrigation Systems's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.00.

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, Polysil Irrigation Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

During the past 3 years, Polysil Irrigation Systems's highest Cash to Debt Ratio was 0.04. The lowest was 0.00. And the median was 0.01.

NSE:POLYSIL's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.18
* Ranked among companies with meaningful Cash-to-Debt only.

Polysil Irrigation Systems Cash-to-Debt Historical Data

The historical data trend for Polysil Irrigation Systems'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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Polysil Irrigation Systems Cash-to-Debt Chart

Polysil Irrigation Systems Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.04

0.01

Polysil Irrigation Systems Semi-Annual Data
	Mar21	Mar22	Mar23
Cash-to-Debt	0.04	0.01	-

Competitive Comparison of Polysil Irrigation Systems's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Polysil Irrigation Systems'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.

Polysil Irrigation Systems's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polysil Irrigation Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Polysil Irrigation Systems's Cash-to-Debt falls into.

Polysil Irrigation Systems 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.

Polysil Irrigation Systems'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)
	=	0.666	/	(137.727	+	16.998)
	=	0.00

Polysil Irrigation Systems'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)
	=	0.666	/	(137.727	+	16.998)
	=	0.00

Polysil Irrigation Systems (NSE:POLYSIL) 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.

Polysil Irrigation Systems Cash-to-Debt Related Terms

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Polysil Irrigation Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polysil Irrigation Systems Ltd (NSE:POLYSIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Survey No- 340/1, Beside Hystuff Steel, At Post Raniya, Taluka Savli, District Vadodara, Vadodara, GJ, IND, 391780

Website

https://www.polysilirrigation.com

Polysil Irrigation Systems Ltd is engaged in manufacturing and sale of HDPE pipes, fittings and micro irrigation systems, such as drip irrigation system and sprinkler irrigation system, its components, accessories and allied products. Its product range includes HDPE Pipes, pipe fittings and irrigation equipment's, including disc filters, screen filters, hydro-cyclone filters, sand filters (gravel), compression fittings, valves (electrical and mechanicals), fertilizer tanks, Digital Controllers, Pressure Gauges, etc.

Polysil Irrigation Systems Headlines

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