Manoj Ceramic (BOM:544073) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Manoj Ceramic 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. Manoj Ceramic's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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

BOM:544073' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.1
Current: 0.02

During the past 4 years, Manoj Ceramic's highest Cash to Debt Ratio was 0.10. The lowest was 0.02. And the median was 0.04.

BOM:544073's Cash-to-Debt is ranked worse than
96.34% of 383 companies
in the Building Materials industry
Industry Median: 0.47 vs BOM:544073: 0.02

Manoj Ceramic Cash-to-Debt Historical Data

The historical data trend for Manoj Ceramic'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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Manoj Ceramic Cash-to-Debt Chart

Manoj Ceramic Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.10

0.07

0.02

Manoj Ceramic Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Cash-to-Debt	0.10	0.07	0.02	0.02	0.02

Competitive Comparison of Manoj Ceramic's Cash-to-Debt

For the Building Materials subindustry, Manoj Ceramic'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.

Manoj Ceramic's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Manoj Ceramic's Cash-to-Debt distribution charts can be found below:

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

Manoj Ceramic 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.

Manoj Ceramic'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)
	=	12.28	/	(300.856	+	273.583)
	=	0.02

Manoj Ceramic'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)
	=	12.28	/	(300.856	+	273.583)
	=	0.02

Manoj Ceramic (BOM:544073) 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.

Manoj Ceramic Cash-to-Debt Related Terms

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Manoj Ceramic (BOM:544073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Manoj Ceramic Ltd (BOM:544073) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit No. 2 to 8, Building No. 19-24, Indian Corporation Compound, Mankoli Naka, Bhiwandi, Thane, MH, IND, 421302

Website

https://www.mcplworld.com

Manoj Ceramic Ltd is engaged in trading ceramic tiles and Tiles Adhesive under their own brand " MCPL" through a dealer network, Retail showroom, wholesale as BTB, and export. It specializes in two products: Ceramic Tiles and Tile Adhesive. Its segment includes the business of wholesale or retail, the business of trading in all kinds of building materials including cements of all varieties.

Manoj Ceramic (BOM:544073) Headlines

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