Borges Agricultural & Industrial Nuts (XMAD:BAIN) Cash-to-Debt

: 0.04 (As of Nov. 2023)

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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. Borges Agricultural & Industrial Nuts's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.04.

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, Borges Agricultural & Industrial Nuts couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

The historical rank and industry rank for Borges Agricultural & Industrial Nuts's Cash-to-Debt or its related term are showing as below:

XMAD:BAIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 3.03
Current: 0.04

During the past 13 years, Borges Agricultural & Industrial Nuts's highest Cash to Debt Ratio was 3.03. The lowest was 0.02. And the median was 0.08.

XMAD:BAIN's Cash-to-Debt is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.52 vs XMAD:BAIN: 0.04

Borges Agricultural & Industrial Nuts Cash-to-Debt Historical Data

The historical data trend for Borges Agricultural & Industrial Nuts'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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Borges Agricultural & Industrial Nuts Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

0.23

0.17

0.09

0.20

0.05

Borges Agricultural & Industrial Nuts Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt																0.05	0.20	0.04	0.05	0.04

Competitive Comparison

For the Farm Products subindustry, Borges Agricultural & Industrial Nuts'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.

Borges Agricultural & Industrial Nuts Cash-to-Debt Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borges Agricultural & Industrial Nuts's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Borges Agricultural & Industrial Nuts's Cash-to-Debt falls into.

Borges Agricultural & Industrial Nuts 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.

Borges Agricultural & Industrial Nuts's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	2.329	/	(13.16	+	33.505)
	=	0.05

Borges Agricultural & Industrial Nuts's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	2.028	/	(34.208	+	22.685)
	=	0.04

Borges Agricultural & Industrial Nuts (XMAD:BAIN) 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.

Borges Agricultural & Industrial Nuts Cash-to-Debt Related Terms

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Borges Agricultural & Industrial Nuts (XMAD:BAIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Borges Agricultural & Industrial Nuts SA (XMAD:BAIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Flix, 29, Reus, ESP, 43205

Website

http://www.agrofruse.com

Borges Agricultural & Industrial Nuts SA grows, produces, processes, packages, sales, and exports dried fruits and nuts. It offers peanuts, almonds, pistachios, walnuts, hazelnuts, cashew nuts, pecans, macadamia nuts, pine nuts and tiger nuts, and others; and dried apricots, dates, prunes, coconut, papaya, pineapple, cranberries and raisins, and others.

Borges Agricultural & Industrial Nuts (XMAD:BAIN) Headlines

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