Bimetal Bearings (BOM:505681) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Bimetal Bearings 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. Bimetal Bearings's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

BOM:505681' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.52 Med: 8.22 Max: No Debt
Current: 1.91

During the past 13 years, Bimetal Bearings's highest Cash to Debt Ratio was No Debt. The lowest was 1.52. And the median was 8.22.

BOM:505681's Cash-to-Debt is ranked better than
71.37% of 1240 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs BOM:505681: 1.91

Bimetal Bearings Cash-to-Debt Historical Data

The historical data trend for Bimetal Bearings'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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Bimetal Bearings Cash-to-Debt Chart

Bimetal Bearings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

2.73

3.76

2.15

1.63

Bimetal Bearings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	1.63	N/A	1.91	N/A

Competitive Comparison of Bimetal Bearings's Cash-to-Debt

For the Auto Parts subindustry, Bimetal Bearings'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.

Bimetal Bearings's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bimetal Bearings's Cash-to-Debt distribution charts can be found below:

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

Bimetal Bearings 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.

Bimetal Bearings'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)
	=	153.148	/	(58.588	+	35.641)
	=	1.63

Bimetal Bearings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Bimetal Bearings (BOM:505681) 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.

Bimetal Bearings Cash-to-Debt Related Terms

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

Bimetal Bearings (BOM:505681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bimetal Bearings Ltd (BOM:505681) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Race Course Road, Coimbatore, TN, IND, 641018

Website

https://www.bimite.co.in

Bimetal Bearings Ltd is engaged in manufacturing of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company has manufacturing plants in Coimbatore, Hosur, Chennai (Sembiam and Thoraipakkam) in India. It has only one segment. Bimetal Bearings manufactures a range of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company's traded products include thin-walled bearings and bushings (main and conrod). Its engine bearings include plated and non-plated bearings in copper and aluminum-based alloys (leaded and lead-free); connecting rod bearings; main bearings, and roll formed flange bearings.

Bimetal Bearings (BOM:505681) Headlines

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