Alstone Textiles (India) (BOM:539277) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Alstone Textiles (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. Alstone Textiles (India)'s cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for Alstone Textiles (India)'s Cash-to-Debt or its related term are showing as below:

BOM:539277' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: No Debt Max: No Debt
Current: 0.18

During the past 10 years, Alstone Textiles (India)'s highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was No Debt.

BOM:539277's Cash-to-Debt is ranked worse than
68.41% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs BOM:539277: 0.18

Alstone Textiles (India) Cash-to-Debt Historical Data

The historical data trend for Alstone Textiles (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.

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Alstone Textiles (India) Cash-to-Debt Chart

Alstone Textiles (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

0.88

0.55

0.18

0.27

Alstone Textiles (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.27	N/A	0.18	N/A

Competitive Comparison of Alstone Textiles (India)'s Cash-to-Debt

For the Textile Manufacturing subindustry, Alstone Textiles (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.

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

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

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

Alstone Textiles (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.

Alstone Textiles (India)'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)
	=	1.402	/	(5.186	+	0)
	=	0.27

Alstone Textiles (India)'s Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Alstone Textiles (India) (BOM:539277) 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.

Alstone Textiles (India) Cash-to-Debt Related Terms

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

Alstone Textiles (India) (BOM:539277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Alstone Textiles (India) Ltd (BOM:539277) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

47/18, Basement, Rajendra Place Metro Station, New Delhi, IND, 110060

Website

http://www.alstonetextiles.in

Alstone Textiles (India) Ltd is an India based company. It is engaged in supplying and trading. The company also focuses on third-party product distributions to originating unsecured personal loans and corporate loans. The company's business activity falls within single business segment viz. Finance Activity. The fabric line of the company consists of cotton, woolen, art silk, natural silk, readymade garments, hosiery, synthetics fiber and fabric, and mixed fabrics.

Alstone Textiles (India) (BOM:539277) Headlines

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