Airo Lam (NSE:AIROLAM) Cash-to-Debt : 0.05 (As of Jun. 2023)

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What is Airo Lam 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. Airo Lam's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.05.

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, Airo Lam couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

NSE:AIROLAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.21
Current: 0.05

During the past 11 years, Airo Lam's highest Cash to Debt Ratio was 0.21. The lowest was 0.02. And the median was 0.05.

NSE:AIROLAM's Cash-to-Debt is ranked worse than
91.73% of 423 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.94 vs NSE:AIROLAM: 0.05

Airo Lam Cash-to-Debt Historical Data

The historical data trend for Airo Lam'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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Airo Lam Cash-to-Debt Chart

Airo Lam Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.08

0.03

0.21

0.09

Airo Lam Quarterly Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.05	N/A	0.09	0.05

Competitive Comparison of Airo Lam's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.

Airo Lam's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Airo Lam's Cash-to-Debt distribution charts can be found below:

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

Airo Lam 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.

Airo Lam'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)
	=	47.369	/	(367.726	+	138.511)
	=	0.09

Airo Lam's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	25.108	/	(375.095	+	132.967)
	=	0.05

Airo Lam (NSE:AIROLAM) 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.

Airo Lam Cash-to-Debt Related Terms

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

Airo Lam (NSE:AIROLAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Airo Lam Ltd (NSE:AIROLAM) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120

Website

https://www.airolam.com

Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings.

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