Accent Microcell (NSE:ACCENTMIC) Cash-to-Debt : 0.09 (As of Mar. 2023)

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What is Accent Microcell 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. Accent Microcell's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.09.

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

NSE:ACCENTMIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.09 Max: 0.12
Current: 0.09

During the past 3 years, Accent Microcell's highest Cash to Debt Ratio was 0.12. The lowest was 0.05. And the median was 0.09.

NSE:ACCENTMIC's Cash-to-Debt is ranked worse than
85.77% of 1047 companies
in the Drug Manufacturers industry
Industry Median: 0.95 vs NSE:ACCENTMIC: 0.09

Accent Microcell Cash-to-Debt Historical Data

The historical data trend for Accent Microcell'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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Accent Microcell Cash-to-Debt Chart

Accent Microcell Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.05

0.12

0.09

Accent Microcell Semi-Annual Data
	Mar21	Mar22	Mar23
Cash-to-Debt	0.05	0.12	0.09

Competitive Comparison of Accent Microcell's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Accent Microcell'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.

Accent Microcell's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Accent Microcell's Cash-to-Debt distribution charts can be found below:

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

Accent Microcell 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.

Accent Microcell'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)
	=	20.401	/	(173.083	+	54.741)
	=	0.09

Accent Microcell'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)
	=	20.401	/	(173.083	+	54.741)
	=	0.09

Accent Microcell (NSE:ACCENTMIC) 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.

Accent Microcell Cash-to-Debt Related Terms

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Accent Microcell (NSE:ACCENTMIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Accent Microcell Ltd (NSE:ACCENTMIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shyamal Cross Roads, Anandnagar Road, 314, Shangrilla Arcade, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.accentmicrocell.com

Accent Microcell Ltd is a manufacturer of Pharmaceutical Products. It has Products such as Microcrystalline cellulose is a term for refined wood pulp and is used as a texturizer, an anti-caking agent, a fat substitute, an emulsifier, an extender, and a bulking agent in food production; Cross Carmellose Sodium Croscarmellose sodium is an internally cross-linked sodium carboxymethylcellulose for use as a super disintegrant in pharmaceutical formulations; Magnesium Stearate which is also called octadecanoic acid, magnesium salt, is a white substance, powder which becomes solid at room temperature and also produces Cellulose Powder is white or almost white, odourless, tasteless, Practically insoluble in water, dilute acid and organic solvents, Slightly soluble in dilute NaOH solution.

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