Snowman Logistics (NSE:SNOWMAN) Cash-to-Debt : 0.16 (As of Mar. 2024)

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What is Snowman Logistics 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. Snowman Logistics's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.16.

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, Snowman Logistics 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 Snowman Logistics's Cash-to-Debt or its related term are showing as below:

NSE:SNOWMAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.2
Current: 0.16

During the past 11 years, Snowman Logistics's highest Cash to Debt Ratio was 0.20. The lowest was 0.01. And the median was 0.12.

NSE:SNOWMAN's Cash-to-Debt is ranked worse than
75.34% of 969 companies
in the Transportation industry
Industry Median: 0.49 vs NSE:SNOWMAN: 0.16

Snowman Logistics Cash-to-Debt Historical Data

The historical data trend for Snowman Logistics'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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Snowman Logistics Cash-to-Debt Chart

Snowman Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.01

0.20

0.12

0.18

0.16

Snowman Logistics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.18	N/A	0.10	N/A	0.16

Competitive Comparison of Snowman Logistics's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Snowman Logistics'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.

Snowman Logistics's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Snowman Logistics's Cash-to-Debt distribution charts can be found below:

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

Snowman Logistics 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.

Snowman Logistics'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)
	=	445.633	/	(461.373	+	2316.584)
	=	0.16

Snowman Logistics'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)
	=	445.633	/	(461.373	+	2316.584)
	=	0.16

Snowman Logistics (NSE:SNOWMAN) 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.

Snowman Logistics Cash-to-Debt Related Terms

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

Snowman Logistics (NSE:SNOWMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Snowman Logistics Ltd (NSE:SNOWMAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

538635:India

Address

No. 54, Old Madras Road, Virgo Nagar, Bangalore, KA, IND, 560 049

Website

https://www.snowman.in

Snowman Logistics Ltd is an India-based company. It is engaged in providing integrated cold chain solutions. The company operates in four business segments. The warehousing services segment comprises of temperature-controlled warehousing services operating across locations servicing customers on a pan-India basis. The transportation services segment generally facilitates inter-city transport of products and includes door-to-door service. The consignment agency services segment provides retail distribution through a consignment agency model for customers and Trading and distribution. The warehousing services generate maximum revenue for the company.

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