Max Alert Systems (BOM:534563) Cash-to-Debt : 0.28 (As of Sep. 2023)

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What is Max Alert Systems 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. Max Alert Systems's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.28.

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, Max Alert Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Max Alert Systems's Cash-to-Debt or its related term are showing as below:

BOM:534563' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.15 Max: 0.51
Current: 0.28

During the past 12 years, Max Alert Systems's highest Cash to Debt Ratio was 0.51. The lowest was 0.02. And the median was 0.15.

BOM:534563's Cash-to-Debt is ranked worse than
60.47% of 382 companies
in the Building Materials industry
Industry Median: 0.445 vs BOM:534563: 0.28

Max Alert Systems Cash-to-Debt Historical Data

The historical data trend for Max Alert Systems'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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Max Alert Systems Cash-to-Debt Chart

Max Alert Systems Annual Data

Trend

Mar13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.08

0.10

0.51

0.15

Max Alert Systems Semi-Annual Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.51	0.29	0.15	0.28

Competitive Comparison of Max Alert Systems's Cash-to-Debt

For the Building Materials subindustry, Max Alert Systems'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.

Max Alert Systems's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Max Alert Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Max Alert Systems's Cash-to-Debt falls into.

Max Alert Systems 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.

Max Alert Systems's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	2.839	/	(0	+	18.814)
	=	0.15

Max Alert Systems's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	5.285	/	(0	+	18.815)
	=	0.28

Max Alert Systems (BOM:534563) 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.

Max Alert Systems Cash-to-Debt Related Terms

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Max Alert Systems (BOM:534563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Max Alert Systems Ltd (BOM:534563) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makwana Road, 502, 5th Floor,Timmy Arcade, Marol, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.maxalert.in

Max Alert Systems Ltd is engaged in the business of stone crushing and mining activities in India. The company also provides cement and downstream products, namely, pavers, Hollow Bricks in vertically integrated structured markets. Company is operating in two segments Mining and Stone Crushing, Telecom Tower Installation.

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