Websol Energy System (NSE:WEBELSOLAR) Cash-to-Debt : 0.01 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Websol Energy System 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. Websol Energy System's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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, Websol Energy System 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 Websol Energy System's Cash-to-Debt or its related term are showing as below:

NSE:WEBELSOLAR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.1
Current: 0.01

During the past 13 years, Websol Energy System's highest Cash to Debt Ratio was 0.10. The lowest was 0.00. And the median was 0.00.

NSE:WEBELSOLAR's Cash-to-Debt is ranked worse than
99.29% of 992 companies
in the Semiconductors industry
Industry Median: 1.79 vs NSE:WEBELSOLAR: 0.01

Websol Energy System Cash-to-Debt Historical Data

The historical data trend for Websol Energy System'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.

* Premium members only.

Websol Energy System Cash-to-Debt Chart

Websol Energy System Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.05

0.10

0.01

Websol Energy System Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															-	N/A	0.11	N/A	0.01

Competitive Comparison of Websol Energy System's Cash-to-Debt

For the Solar subindustry, Websol Energy System'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.

Websol Energy System's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Websol Energy System's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Websol Energy System's Cash-to-Debt falls into.

Websol Energy System 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.

Websol Energy System'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)
	=	9.7	/	(211.6	+	1624.6)
	=	0.01

Websol Energy System'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)
	=	9.7	/	(211.6	+	1624.6)
	=	0.01

Websol Energy System (NSE:WEBELSOLAR) 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.

Websol Energy System Cash-to-Debt Related Terms

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

Websol Energy System (NSE:WEBELSOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Websol Energy System Ltd (NSE:WEBELSOLAR) » Definitions » Cash-to-Debt

Traded in Other Exchanges

517498:India

Address

Falta Special Economic Zone, Sector - II, 24 Parganas (South), Falta, WB, IND, 743 504

Website

https://www.webelsolar.com

Websol Energy System Ltd is engaged in the manufacturing of photovoltaic monocrystalline solar cells and modules. The company's products are designed for the grid and standalone solar photovoltaic power plants, remote communication, and rural electrification. The sale of photovoltaic monocrystalline solar cells and modules generates maximum revenue for the company. The company operates only in India.

Websol Energy System (NSE:WEBELSOLAR) Headlines

No Headlines