Inrom Construction Industries (XTAE:INRM) Cash-to-Debt : 1.13 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Inrom Construction Industries 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. Inrom Construction Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.13.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Inrom Construction Industries could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Inrom Construction Industries's Cash-to-Debt or its related term are showing as below:

XTAE:INRM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.14 Max: 1.13
Current: 1.13

During the past 11 years, Inrom Construction Industries's highest Cash to Debt Ratio was 1.13. The lowest was 0.04. And the median was 0.14.

XTAE:INRM's Cash-to-Debt is ranked better than
66.15% of 384 companies
in the Building Materials industry
Industry Median: 0.47 vs XTAE:INRM: 1.13

Inrom Construction Industries Cash-to-Debt Historical Data

The historical data trend for Inrom Construction Industries'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.

Inrom Construction Industries Cash-to-Debt Chart

Inrom Construction Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.39

0.44

0.04

0.42

Inrom Construction Industries 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															0.06	0.07	0.04	0.42	1.13

Competitive Comparison of Inrom Construction Industries's Cash-to-Debt

For the Building Materials subindustry, Inrom Construction Industries'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.

Inrom Construction Industries's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Inrom Construction Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Inrom Construction Industries's Cash-to-Debt falls into.

Inrom Construction Industries 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.

Inrom Construction Industries's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	136.401	/	(118.459	+	208.247)
	=	0.42

Inrom Construction Industries'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)
	=	357.456	/	(111.036	+	206.777)
	=	1.12

Inrom Construction Industries (XTAE:INRM) 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.

Inrom Construction Industries Cash-to-Debt Related Terms

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

Inrom Construction Industries (XTAE:INRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Inrom Construction Industries Ltd (XTAE:INRM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Golan Street, Beit Golan, Airport City, ISR

Website

http://www.inrom.co.il

Inrom Construction Industries Ltd is an Israel-based company engaged in the construction sector. The company offers varieties of products and solutions for the construction and renovation industries, for industrial and other uses. It operates through three businesses. The construction solutions business operates, manufactures and markets flooring solutions, environment and landscape and others. Its construction finishing product business offers mortar products for flooring, plaster and special salts and other complementary products including sealants, coatings, and bonding materials. The color products business provides paint products for interior and exterior, decorative colors for special designs, various coatings and more.

Inrom Construction Industries (XTAE:INRM) Headlines

No Headlines