Rama Steel Tubes (NSE:RAMASTEEL) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Rama Steel Tubes 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. Rama Steel Tubes's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

NSE:RAMASTEEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.38
Current: 0.24

During the past 9 years, Rama Steel Tubes's highest Cash to Debt Ratio was 0.38. The lowest was 0.01. And the median was 0.12.

NSE:RAMASTEEL's Cash-to-Debt is ranked worse than
63.9% of 615 companies
in the Steel industry
Industry Median: 0.42 vs NSE:RAMASTEEL: 0.24

Rama Steel Tubes Cash-to-Debt Historical Data

The historical data trend for Rama Steel Tubes'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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Rama Steel Tubes Cash-to-Debt Chart

Rama Steel Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.01

0.09

0.23

0.13

0.05

Rama Steel Tubes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.05	N/A	0.24	N/A

Competitive Comparison of Rama Steel Tubes's Cash-to-Debt

For the Steel subindustry, Rama Steel Tubes'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.

Rama Steel Tubes's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rama Steel Tubes's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rama Steel Tubes's Cash-to-Debt falls into.

Rama Steel Tubes 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.

Rama Steel Tubes'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)
	=	91.92	/	(1608.006	+	319.828)
	=	0.05

Rama Steel Tubes's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

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

Rama Steel Tubes (NSE:RAMASTEEL) 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.

Rama Steel Tubes Cash-to-Debt Related Terms

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Rama Steel Tubes (NSE:RAMASTEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rama Steel Tubes Ltd (NSE:RAMASTEEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

539309:India

Address

Main Road, B-5, 3rd Floor, Ghazipur, New Delhi, IND, 110096

Website

https://www.ramasteel.com

Rama Steel Tubes Ltd is a manufacturer and exporter of steel pipes, steel tubes, galvanized pipes, fence pipes, electrical conduit pipes, scaffolding fittings, hollow section, square steel pipes, and square steel tubes. The firm's only segment is the manufacturing and trading of Steel Tubes Pipes and Steel allied products. It also manufactures and exports hollow section for the automobile industry, including highway and street lighting poles, as well as traffic signal poles. It operates its business across the world and generates its revenues from India.

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