Flair Writing Industries (BOM:544030) Cash-to-Debt : 0.01 (As of Mar. 2023)

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What is Flair Writing Industries 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. Flair Writing Industries's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.01.

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, Flair Writing Industries couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

BOM:544030' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.12
Current: 0.01

During the past 5 years, Flair Writing Industries's highest Cash to Debt Ratio was 0.12. The lowest was 0.00. And the median was 0.01.

BOM:544030's Cash-to-Debt is ranked worse than
98.97% of 3005 companies
in the Industrial Products industry
Industry Median: 1.2 vs BOM:544030: 0.01

Flair Writing Industries Cash-to-Debt Historical Data

The historical data trend for Flair Writing Industries'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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Flair Writing Industries Cash-to-Debt Chart

Flair Writing Industries Annual Data

Trend

Mar17

Mar18

Mar21

Mar22

Mar23

Cash-to-Debt

0.05

0.01

0.12

0.01

Flair Writing Industries Semi-Annual Data
	Mar17	Mar18	Mar21	Mar22	Mar23
Cash-to-Debt	0.05	0.01	0.12	-	0.01

Competitive Comparison of Flair Writing Industries's Cash-to-Debt

For the Business Equipment & Supplies subindustry, Flair Writing Industries'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.

Flair Writing Industries's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Flair Writing Industries's Cash-to-Debt falls into.

Flair Writing Industries 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.

Flair Writing Industries'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)
	=	7.95	/	(748.52	+	485.73)
	=	0.01

Flair Writing Industries's Cash to Debt Ratio for the quarter 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)
	=	7.95	/	(748.52	+	485.73)
	=	0.01

Flair Writing Industries (BOM:544030) 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.

Flair Writing Industries Cash-to-Debt Related Terms

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Flair Writing Industries (BOM:544030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (BOM:544030) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FLAIR:India

Address

63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067

Website

https://www.flairworld.in

Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (BOM:544030) Headlines

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