Prolife Industries (NSE:PROLIFE) Cash-to-Debt : -0.10 (As of Sep. 2024)

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What is Prolife Industries 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. Prolife Industries's cash to debt ratio for the quarter that ended in Sep. 2024 was -0.10.

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, Prolife Industries couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

NSE:PROLIFE' s Cash-to-Debt Range Over the Past 10 Years
Min: -0.1 Med: 0.13 Max: 5.66
Current: -0.1

During the past 13 years, Prolife Industries's highest Cash to Debt Ratio was 5.66. The lowest was -0.10. And the median was 0.13.

NSE:PROLIFE's Cash-to-Debt is ranked worse than
100% of 1556 companies
in the Chemicals industry
Industry Median: 0.7 vs NSE:PROLIFE: -0.10

Prolife Industries Cash-to-Debt Historical Data

The historical data trend for Prolife Industries'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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Prolife Industries Cash-to-Debt Chart

Prolife Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.33

0.12

0.29

0.75

5.66

Prolife Industries Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.75	0.08	5.66	-0.10

Competitive Comparison of Prolife Industries's Cash-to-Debt

For the Chemicals subindustry, Prolife Industries'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.

Prolife Industries's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Prolife Industries's Cash-to-Debt distribution charts can be found below:

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

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Prolife Industries 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.

Prolife Industries'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)
	=	215.654	/	(0	+	38.119)
	=	5.66

Prolife Industries's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	2.458	/	(-61.825	+	37.996)
	=	-0.10

Prolife Industries (NSE:PROLIFE) 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.

Prolife Industries Cash-to-Debt Related Terms

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

Prolife Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Prolife Industries Ltd (NSE:PROLIFE) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Plot No. 213, GIDC, Panoli Industrial Estate, District Bharuch, Ankleshwar, GJ, IND, 394116

Website

http://www.prolifeindustries.in

Prolife Industries Ltd is engaged in the business of manufacturing of intermediates for dyes, pigments, pharmaceuticals, agrochemicals, and others. Its products include Dihydro Thio Para Toluidine Sulfonic Acid, Amino Methyl Phenoxy Sulfonic Acid, and others. The company derives revenue from both domestic and overseas markets, which are considered as different geographical segments.

Prolife Industries Headlines

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