Rappid Valves (India) (NSE:RAPPID) Cash-to-Debt : 0.14 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Rappid Valves (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. Rappid Valves (India)'s cash to debt ratio for the quarter that ended in Mar. 2024 was 0.14.

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, Rappid Valves (India) couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NSE:RAPPID' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.14
Current: 0.14

During the past 3 years, Rappid Valves (India)'s highest Cash to Debt Ratio was 0.14. The lowest was 0.03. And the median was 0.07.

NSE:RAPPID's Cash-to-Debt is ranked worse than
89.07% of 3011 companies
in the Industrial Products industry
Industry Median: 1.26 vs NSE:RAPPID: 0.14

Rappid Valves (India) Cash-to-Debt Historical Data

The historical data trend for Rappid Valves (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.

* Premium members only.

Rappid Valves (India) Cash-to-Debt Chart

Rappid Valves (India) Annual Data

Trend

Mar22

Mar23

Mar24

Cash-to-Debt

0.03

0.07

0.14

Rappid Valves (India) Semi-Annual Data
	Mar22	Mar23	Mar24
Cash-to-Debt	0.03	0.07	0.14

Competitive Comparison of Rappid Valves (India)'s Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Rappid Valves (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.

Rappid Valves (India)'s Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rappid Valves (India)'s Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Rappid Valves (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.

Rappid Valves (India)'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)
	=	15.83	/	(91.121	+	18.709)
	=	0.14

Rappid Valves (India)'s Cash to Debt Ratio for the quarter 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)
	=	15.83	/	(91.121	+	18.709)
	=	0.14

Rappid Valves (India) (NSE:RAPPID) 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.

Rappid Valves (India) Cash-to-Debt Related Terms

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

Rappid Valves (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rappid Valves (India) Ltd (NSE:RAPPID) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Genesis Industrial Complex, Plot No.30 & 31, Village Kolgaon, Palghar (East), District Palghar, Thane, MH, IND, 401404

Website

https://www.rappidvalves.in

Rappid Valves (India) Ltd is an engineering company engaged in the manufacturing of Valve solutions. Its product portfolio includes Ball valves, Gate Valves, Globe Valves, Butterfly Valves, Check Valves, Double Block valves, Strainer Valves and Marine Valves which are manufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering to diverse requirement.

Rappid Valves (India) Headlines

No Headlines