Cosmo Ferrites (BOM:523100) Cash-to-Debt : 0.15 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Cosmo Ferrites 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. Cosmo Ferrites's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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

BOM:523100' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.16
Current: 0.15

During the past 13 years, Cosmo Ferrites's highest Cash to Debt Ratio was 0.16. The lowest was 0.02. And the median was 0.03.

BOM:523100's Cash-to-Debt is ranked worse than
91.5% of 2376 companies
in the Hardware industry
Industry Median: 1.335 vs BOM:523100: 0.15

Cosmo Ferrites Cash-to-Debt Historical Data

The historical data trend for Cosmo Ferrites'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.

Cosmo Ferrites Cash-to-Debt Chart

Cosmo Ferrites Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.06

0.16

0.15

Cosmo Ferrites 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															0.16	N/A	0.11	N/A	0.15

Competitive Comparison of Cosmo Ferrites's Cash-to-Debt

For the Electronic Components subindustry, Cosmo Ferrites'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.

Cosmo Ferrites's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cosmo Ferrites's Cash-to-Debt distribution charts can be found below:

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

Cosmo Ferrites 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.

Cosmo Ferrites'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)
	=	104.1	/	(483.6	+	198.1)
	=	0.15

Cosmo Ferrites'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)
	=	104.1	/	(483.6	+	198.1)
	=	0.15

Cosmo Ferrites (BOM:523100) 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.

Cosmo Ferrites Cash-to-Debt Related Terms

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

Cosmo Ferrites (BOM:523100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cosmo Ferrites Ltd (BOM:523100) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jasola New District Centre, 517, 5th Floor, DLF Tower-A, Jasola, New Delhi, IND, 110025

Website

https://www.cosmoferrites.com

Cosmo Ferrites Ltd is an Indian based company operating as a manufacturer and exporter of Soft Ferrites Core. The company provides Ferrite components and Pre-calcined ferrite powder, which are used in various applications such as inverter transformers, energy meters, mobile chargers, transformer manufacturers' current transformers, pulse transformers, line filters, choke, noise suppressors, and others. A majority of revenue is generated from the sales of Soft Ferrites Components.

Cosmo Ferrites (BOM:523100) Headlines

No Headlines