Pasari Spinning Mills (BOM:521080) Cash-to-Debt : N/A (As of Dec. 2023)

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

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

BOM:521080' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.09
Current: 0.09

During the past 13 years, Pasari Spinning Mills's highest Cash to Debt Ratio was 0.09. The lowest was 0.00. And the median was 0.02.

BOM:521080's Cash-to-Debt is ranked worse than
78.59% of 523 companies
in the Diversified Financial Services industry
Industry Median: 5.45 vs BOM:521080: 0.09

Pasari Spinning Mills Cash-to-Debt Historical Data

The historical data trend for Pasari Spinning Mills'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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Pasari Spinning Mills Cash-to-Debt Chart

Pasari Spinning Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.04

0.03

0.07

0.04

Pasari Spinning Mills 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	0.04	N/A	0.09	N/A

Competitive Comparison of Pasari Spinning Mills's Cash-to-Debt

For the Shell Companies subindustry, Pasari Spinning Mills'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.

Pasari Spinning Mills's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pasari Spinning Mills's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pasari Spinning Mills's Cash-to-Debt falls into.

Pasari Spinning Mills 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.

Pasari Spinning Mills'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)
	=	0.892	/	(2.783	+	22.351)
	=	0.04

Pasari Spinning Mills'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.

Pasari Spinning Mills (BOM:521080) 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.

Pasari Spinning Mills Cash-to-Debt Related Terms

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Pasari Spinning Mills (BOM:521080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pasari Spinning Mills Ltd (BOM:521080) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anjaneya Temple Street, No. 18 (Old No. 16), 3rd Floor, Yediyur, Jayanagar, 6th Block, Bangalore, KA, IND, 560082

Website

https://www.pasariexports.com

Pasari Spinning Mills Ltd has discontinued its operations. Previously, it was engaged in the manufacturing of cotton yarns. The company is involved in the business of textile, spinning, weaving, dying and printing factories, conventional or modern using cotton, silk, wool, and polyester fiber. It offers a range of home furnishing products such as curtains, bed linen, cushion covers, tassels, table linen, and furnishing fabrics. In addition, it also provides fashion and apparel products such as shawls and scarfs and fabrics for men, women, and kidswear. The company has discontinued its operations.

Pasari Spinning Mills (BOM:521080) Headlines

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