Sati Poly Plast (NSE:SATIPOLY) Cash-to-Debt : 0.13 (As of Mar. 2024)

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What is Sati Poly Plast 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. Sati Poly Plast's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.13.

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, Sati Poly Plast 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 Sati Poly Plast's Cash-to-Debt or its related term are showing as below:

NSE:SATIPOLY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.13
Current: 0.13

During the past 3 years, Sati Poly Plast's highest Cash to Debt Ratio was 0.13. The lowest was 0.03. And the median was 0.04.

NSE:SATIPOLY's Cash-to-Debt is ranked worse than
71.32% of 394 companies
in the Packaging & Containers industry
Industry Median: 0.38 vs NSE:SATIPOLY: 0.13

Sati Poly Plast Cash-to-Debt Historical Data

The historical data trend for Sati Poly Plast'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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Sati Poly Plast Cash-to-Debt Chart

Sati Poly Plast Annual Data

Trend

Mar22

Mar23

Mar24

Cash-to-Debt

0.04

0.03

0.13

Sati Poly Plast Semi-Annual Data
	Mar22	Mar23	Mar24
Cash-to-Debt	0.04	0.03	0.13

Competitive Comparison of Sati Poly Plast's Cash-to-Debt

For the Packaging & Containers subindustry, Sati Poly Plast'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.

Sati Poly Plast's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sati Poly Plast's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sati Poly Plast's Cash-to-Debt falls into.

Sati Poly Plast 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.

Sati Poly Plast'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)
	=	29.21	/	(53.475	+	170.54)
	=	0.13

Sati Poly Plast'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)
	=	29.21	/	(53.475	+	170.54)
	=	0.13

Sati Poly Plast (NSE:SATIPOLY) 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.

Sati Poly Plast Cash-to-Debt Related Terms

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Sati Poly Plast Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sati Poly Plast Ltd (NSE:SATIPOLY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-44, Phase II, District Gautam Budh Nagar, Noida, UP, IND, 201305

Website

https://www.satipolyplast.in

Sati Poly Plast Ltd is engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries. Its packaging solutions offers products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods.

Sati Poly Plast Headlines

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