Quality RO Industries (BOM:543460) Cash-to-Debt : 0.09 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Quality RO 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. Quality RO Industries's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.09.

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, Quality RO Industries 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 Quality RO Industries's Cash-to-Debt or its related term are showing as below:

BOM:543460' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.84 Max: 1.9
Current: 0.09

During the past 2 years, Quality RO Industries's highest Cash to Debt Ratio was 1.90. The lowest was 0.09. And the median was 0.84.

BOM:543460's Cash-to-Debt is ranked worse than
92.33% of 3000 companies
in the Industrial Products industry
Industry Median: 1.22 vs BOM:543460: 0.09

Quality RO Industries Cash-to-Debt Historical Data

The historical data trend for Quality RO 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.

Quality RO Industries Cash-to-Debt Chart

Quality RO Industries Annual Data

Trend

Mar22

Mar23

Cash-to-Debt

0.83

1.90

Quality RO Industries Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	N/A	0.83	0.85	1.90	0.09

Competitive Comparison of Quality RO Industries's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, Quality RO 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.

Quality RO Industries's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quality RO Industries's Cash-to-Debt distribution charts can be found below:

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

Quality RO 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.

Quality RO Industries'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)
	=	45.817	/	(13.628	+	10.446)
	=	1.90

Quality RO Industries'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)
	=	1.456	/	(4.582	+	11.903)
	=	0.09

Quality RO Industries (BOM:543460) 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.

Quality RO Industries Cash-to-Debt Related Terms

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

Quality RO Industries (BOM:543460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality RO Industries Ltd (BOM:543460) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 09, POR Industrial Park, NH 08 Behind Sahayog Hotel, Village PO, Vadodara, GJ, IND, 391243

Website

https://www.qualityro.in

Quality RO Industries Ltd is engaged in the business of manufacturing, marketing, and supplying components for water purifiers and softener equipment. These water purifier parts have been designed to make a proper fit for RO plants and systems of different varieties, as we produce strictly according to industry standards. The company is at present engaged in the business of Trading and Manufacturing RO products and Transportation activities, which constitute two business segments. The prime revenue generator is the trading and manufacturing of the RO products segment.

Quality RO Industries (BOM:543460) Headlines

No Headlines