Birla Cable (BOM:500060) Cash-to-Debt : 0.05 (As of Mar. 2024)

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What is Birla Cable 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. Birla Cable's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.05.

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

BOM:500060' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.24
Current: 0.05

During the past 13 years, Birla Cable's highest Cash to Debt Ratio was 0.24. The lowest was 0.00. And the median was 0.02.

BOM:500060's Cash-to-Debt is ranked worse than
97.5% of 2476 companies
in the Hardware industry
Industry Median: 1.34 vs BOM:500060: 0.05

Birla Cable Cash-to-Debt Historical Data

The historical data trend for Birla Cable'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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Birla Cable Cash-to-Debt Chart

Birla Cable Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.24

0.01

0.05

Birla Cable 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															0.01	N/A	0.06	N/A	0.05

Competitive Comparison of Birla Cable's Cash-to-Debt

For the Communication Equipment subindustry, Birla Cable'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.

Birla Cable's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Birla Cable's Cash-to-Debt distribution charts can be found below:

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

Birla Cable 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.

Birla Cable'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)
	=	73.755	/	(913.005	+	741.275)
	=	0.04

Birla Cable'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)
	=	73.755	/	(913.005	+	741.275)
	=	0.04

Birla Cable (BOM:500060) 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.

Birla Cable Cash-to-Debt Related Terms

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Birla Cable (BOM:500060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Birla Cable Ltd (BOM:500060) » Definitions » Cash-to-Debt

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BIRLACABLE:India

Address

Udyog Vihar, P.O. Chorhata, Rewa, MP, IND, 486006

Website

https://www.birlacable.com

Birla Cable Ltd is engaged in the manufacturing and sale of telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. Its geographical segments include Domestic Market (within India) and Overseas Market (outside India). The firm offers products in various categories such as optical fiber cables, including armored and unarmored, di-electric self-supporting aerial, figure-8 type aerial, drop, and interconnect cables. It also offers specialty cables, such as stainless steel wire armored tactical, coaxial, switchboard, screened PCM, and CAT cables, as well as automobile wires. In addition, the company provides telecom fiber accessories comprising connectors, adapters, pigtails, and cable accessories.

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