Rajeshwari Cans (BOM:543285) Cash-to-Debt : 0.11 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Rajeshwari Cans 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. Rajeshwari Cans's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.11.

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

BOM:543285' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 0.13
Current: 0.11

During the past 7 years, Rajeshwari Cans's highest Cash to Debt Ratio was 0.13. The lowest was 0.03. And the median was 0.11.

BOM:543285's Cash-to-Debt is ranked worse than
77.66% of 385 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs BOM:543285: 0.11

Rajeshwari Cans Cash-to-Debt Historical Data

The historical data trend for Rajeshwari Cans'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.

Rajeshwari Cans Cash-to-Debt Chart

Rajeshwari Cans Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.11

0.10

0.11

0.07

0.11

Rajeshwari Cans Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial						0.11	0.27	0.07	0.06	0.11

Competitive Comparison of Rajeshwari Cans's Cash-to-Debt

For the Packaging & Containers subindustry, Rajeshwari Cans'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.

Rajeshwari Cans's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rajeshwari Cans's Cash-to-Debt distribution charts can be found below:

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

Rajeshwari Cans 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.

Rajeshwari Cans'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)
	=	3.953	/	(5.774	+	31.936)
	=	0.10

Rajeshwari Cans'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)
	=	3.953	/	(5.774	+	31.936)
	=	0.10

Rajeshwari Cans (BOM:543285) 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.

Rajeshwari Cans Cash-to-Debt Related Terms

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

Rajeshwari Cans (BOM:543285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rajeshwari Cans Ltd (BOM:543285) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

96, Mahagujarat, Industrial Estate, Moraiya, Taluka: Sanand, Nr. Arto Off Print,, Ahmedabad, GJ, IND, 382210

Website

http://www.rajeshwaricans.com

Rajeshwari Cans Ltd is engaged in the business of manufacturing round-printed tin containers of various sizes which are used as packing material. The company supplies tin containers to customers engaged in the business of tobacco manufacturing and paint manufacturing.

Rajeshwari Cans (BOM:543285) Headlines

No Headlines