Sharp Chucks and Machines (NSE:SCML) Cash-to-Debt : 0.02 (As of Mar. 2023)

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What is Sharp Chucks and Machines 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. Sharp Chucks and Machines'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, Sharp Chucks and Machines 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 Sharp Chucks and Machines's Cash-to-Debt or its related term are showing as below:

NSE:SCML' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.25
Current: 0.02

During the past 3 years, Sharp Chucks and Machines's highest Cash to Debt Ratio was 0.25. The lowest was 0.01. And the median was 0.02.

NSE:SCML's Cash-to-Debt is ranked worse than
97.97% of 2909 companies
in the Industrial Products industry
Industry Median: 1.22 vs NSE:SCML: 0.02

Sharp Chucks and Machines Cash-to-Debt Historical Data

The historical data trend for Sharp Chucks and Machines'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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Sharp Chucks and Machines Cash-to-Debt Chart

Sharp Chucks and Machines Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.01

0.25

0.02

Sharp Chucks and Machines Semi-Annual Data
	Mar21	Mar22	Mar23
Cash-to-Debt	0.01	0.25	0.02

Competitive Comparison of Sharp Chucks and Machines's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Sharp Chucks and Machines'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.

Sharp Chucks and Machines's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sharp Chucks and Machines's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sharp Chucks and Machines's Cash-to-Debt falls into.

Sharp Chucks and Machines 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.

Sharp Chucks and Machines'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)
	=	13.59	/	(595.416	+	308.004)
	=	0.02

Sharp Chucks and Machines'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)
	=	13.59	/	(595.416	+	308.004)
	=	0.02

Sharp Chucks and Machines (NSE:SCML) 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.

Sharp Chucks and Machines Cash-to-Debt Related Terms

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

Sharp Chucks and Machines (NSE:SCML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sharp Chucks and Machines Ltd (NSE:SCML) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-12, Industrial Development Colony, Jalandhar, PB, IND, 144012

Website

https://www.sharpchucks.com

Sharp Chucks and Machines Ltd is engaged in manufacturing forging products, casting products and machined components, that finds application in diverse industry, such as tractor, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc.

Sharp Chucks and Machines (NSE:SCML) Headlines

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