International Conveyors (BOM:509709) Cash-to-Debt : 1.45 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is International Conveyors 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. International Conveyors's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.45.

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

BOM:509709' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 1.45
Current: 1.45

During the past 13 years, International Conveyors's highest Cash to Debt Ratio was 1.45. The lowest was 0.02. And the median was 0.06.

BOM:509709's Cash-to-Debt is ranked better than
53.51% of 3003 companies
in the Industrial Products industry
Industry Median: 1.22 vs BOM:509709: 1.45

International Conveyors Cash-to-Debt Historical Data

The historical data trend for International Conveyors'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.

International Conveyors Cash-to-Debt Chart

International Conveyors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.04

0.10

1.22

1.45

International Conveyors 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															1.22	N/A	1.57	N/A	1.45

Competitive Comparison of International Conveyors's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, International Conveyors'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.

International Conveyors's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

International Conveyors 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.

International Conveyors'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)
	=	1811.9	/	(1246.2	+	0.8)
	=	1.45

International Conveyors'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)
	=	1811.9	/	(1246.2	+	0.8)
	=	1.45

International Conveyors (BOM:509709) 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.

International Conveyors Cash-to-Debt Related Terms

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

International Conveyors (BOM:509709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » International Conveyors Ltd (BOM:509709) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

INTLCONV:India

Address

10, Middleton Row, Kolkata, WB, IND, 700071

Website

https://www.iclbelting.com

International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

International Conveyors (BOM:509709) Headlines

No Headlines