Quality Foils (India) (NSE:QFIL) Cash-to-Debt : 0.05 (As of Sep. 2023)

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What is Quality Foils (India) 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. Quality Foils (India)'s cash to debt ratio for the quarter that ended in Sep. 2023 was 0.05.

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, Quality Foils (India) couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Quality Foils (India)'s Cash-to-Debt or its related term are showing as below:

NSE:QFIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.11
Current: 0.05

During the past 4 years, Quality Foils (India)'s highest Cash to Debt Ratio was 0.11. The lowest was 0.01. And the median was 0.04.

NSE:QFIL's Cash-to-Debt is ranked worse than
88.29% of 615 companies
in the Steel industry
Industry Median: 0.44 vs NSE:QFIL: 0.05

Quality Foils (India) Cash-to-Debt Historical Data

The historical data trend for Quality Foils (India)'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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Quality Foils (India) Cash-to-Debt Chart

Quality Foils (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.03

0.05

0.01

0.11

Quality Foils (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			0.05	0.01	0.04	0.11	0.05

Competitive Comparison of Quality Foils (India)'s Cash-to-Debt

For the Steel subindustry, Quality Foils (India)'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.

Quality Foils (India)'s Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Quality Foils (India)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Quality Foils (India)'s Cash-to-Debt falls into.

Quality Foils (India) 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.

Quality Foils (India)'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)
	=	46.649	/	(301.536	+	125.287)
	=	0.11

Quality Foils (India)'s Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	15.825	/	(206.536	+	112.098)
	=	0.05

Quality Foils (India) (NSE:QFIL) 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.

Quality Foils (India) Cash-to-Debt Related Terms

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

Quality Foils (India) (NSE:QFIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Quality Foils (India) Ltd (NSE:QFIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Industrial Development Colony, Hisar, HR, IND, 125005

Website

https://www.qualitygroup.in

Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

Quality Foils (India) (NSE:QFIL) Headlines

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