Ceenik Exports (India) (BOM:531119) Cash-to-Debt : 0.01 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Ceenik Exports (India) 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. Ceenik Exports (India)'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, Ceenik Exports (India) 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 Ceenik Exports (India)'s Cash-to-Debt or its related term are showing as below:

BOM:531119' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.06
Current: 0.01

During the past 13 years, Ceenik Exports (India)'s highest Cash to Debt Ratio was 0.06. The lowest was 0.00. And the median was 0.01.

BOM:531119's Cash-to-Debt is ranked worse than
95.36% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs BOM:531119: 0.01

Ceenik Exports (India) Cash-to-Debt Historical Data

The historical data trend for Ceenik Exports (India)'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.

Ceenik Exports (India) Cash-to-Debt Chart

Ceenik Exports (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.02

0.01

Ceenik Exports (India) 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	0.02	0.01	0.01

Competitive Comparison of Ceenik Exports (India)'s Cash-to-Debt

For the Apparel Manufacturing subindustry, Ceenik Exports (India)'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.

Ceenik Exports (India)'s Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ceenik Exports (India)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ceenik Exports (India)'s Cash-to-Debt falls into.

Ceenik Exports (India) 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.

Ceenik Exports (India)'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)
	=	0.992	/	(56.153	+	80.04)
	=	0.01

Ceenik Exports (India)'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)
	=	0.992	/	(56.153	+	80.04)
	=	0.01

Ceenik Exports (India) (BOM:531119) 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.

Ceenik Exports (India) Cash-to-Debt Related Terms

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

Ceenik Exports (India) (BOM:531119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ceenik Exports (India) Ltd (BOM:531119) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-396/2, TTC Industrial Area, MIDC, Turbhe, Jui Nagar, Thane, Navi Mumbai, MH, IND, 400705

Website

https://www.ceenikexports.in

Ceenik Exports (India) Ltd is engaged in the business of garment manufacturing and renting of immovable property. It manufactures textiles and readymade garments. It offers products such as Yarns and Fabrics. It is also involved in the knitting, dyeing and printing, finishing, and various garment department's activities. The other business activities of the group include property leasing and hostel business. The operating segments of the group are Garments Manufacturing and Investment in Realty & Securities.

Ceenik Exports (India) (BOM:531119) Headlines

No Headlines