Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Cash-to-Debt : 0.02 (As of Mar. 2023)

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What is Jiwanram Sheoduttrai 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. Jiwanram Sheoduttrai Industries's cash to debt ratio for the quarter that ended in Mar. 2023 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, Jiwanram Sheoduttrai 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 Jiwanram Sheoduttrai Industries's Cash-to-Debt or its related term are showing as below:

NSE:JIWANRAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.02

During the past 3 years, Jiwanram Sheoduttrai Industries's highest Cash to Debt Ratio was 0.03. The lowest was 0.01. And the median was 0.02.

NSE:JIWANRAM's Cash-to-Debt is ranked worse than
91.66% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs NSE:JIWANRAM: 0.02

Jiwanram Sheoduttrai Industries Cash-to-Debt Historical Data

The historical data trend for Jiwanram Sheoduttrai 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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Jiwanram Sheoduttrai Industries Cash-to-Debt Chart

Jiwanram Sheoduttrai Industries Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.03

0.01

0.02

Jiwanram Sheoduttrai Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Cash-to-Debt	0.03	0.01	0.02

Competitive Comparison of Jiwanram Sheoduttrai Industries's Cash-to-Debt

For the Footwear & Accessories subindustry, Jiwanram Sheoduttrai 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.

Jiwanram Sheoduttrai Industries's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiwanram Sheoduttrai Industries's Cash-to-Debt distribution charts can be found below:

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

Jiwanram Sheoduttrai 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.

Jiwanram Sheoduttrai 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)
	=	8.002	/	(173.915	+	352.234)
	=	0.02

Jiwanram Sheoduttrai 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)
	=	8.002	/	(173.915	+	352.234)
	=	0.02

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) 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.

Jiwanram Sheoduttrai Industries Cash-to-Debt Related Terms

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Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jiwanram Sheoduttrai Industries Ltd (NSE:JIWANRAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilpangan, LB 1, Module 301 & 302, Phase -1, Sector III, Kolkata, WB, IND, 700098

Website

https://www.jiwanramgroup.com

Jiwanram Sheoduttrai Industries Ltd is engaged in the manufacturing and export of Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. Its Products are well-accepted for their quality which covers all its manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution baskets for Industrial Safety. It is majorly engaged in the business of manufacturing and exporting for various brands.

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Headlines

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