Wonder Electricals (NSE:WEL) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Wonder Electricals 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. Wonder Electricals's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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

NSE:WEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 3.01
Current: 0.07

During the past 8 years, Wonder Electricals's highest Cash to Debt Ratio was 3.01. The lowest was 0.00. And the median was 0.01.

NSE:WEL's Cash-to-Debt is ranked worse than
87.32% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.98 vs NSE:WEL: 0.07

Wonder Electricals Cash-to-Debt Historical Data

The historical data trend for Wonder Electricals'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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Wonder Electricals Cash-to-Debt Chart

Wonder Electricals Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

3.01

0.02

0.01

0.07

Wonder Electricals Quarterly Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	N/A	0.01	N/A	0.07

Competitive Comparison of Wonder Electricals's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Wonder Electricals'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.

Wonder Electricals's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wonder Electricals's Cash-to-Debt distribution charts can be found below:

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

Wonder Electricals 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.

Wonder Electricals'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)
	=	43.688	/	(574.535	+	71.279)
	=	0.07

Wonder Electricals'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)
	=	43.688	/	(574.535	+	71.279)
	=	0.07

Wonder Electricals (NSE:WEL) 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.

Wonder Electricals Cash-to-Debt Related Terms

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

Wonder Electricals (NSE:WEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Wonder Electricals Ltd (NSE:WEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

543449:India

Address

Plot No. 45, Okhla Industrial Estate, Phase-III, Ground Floor, New Delhi, IND, 110020

Website

https://www.wonderelectricals.com

Wonder Electricals Ltd is engaged in the manufacturing of ceiling fans, exhaust, pedestal, and brushless DC fans. Geographically the activities are carried out throughout India.

Wonder Electricals (NSE:WEL) Headlines

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