Gleam Fabmat (BOM:542477) Cash-to-Debt : 0.01 (As of Sep. 2023)

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What is Gleam Fabmat 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. Gleam Fabmat's cash to debt ratio for the quarter that ended in Sep. 2023 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, Gleam Fabmat couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Gleam Fabmat's Cash-to-Debt or its related term are showing as below:

BOM:542477' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.04
Current: 0.01

During the past 5 years, Gleam Fabmat's highest Cash to Debt Ratio was 0.04. The lowest was 0.00. And the median was 0.01.

BOM:542477's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.3 vs BOM:542477: 0.01

Gleam Fabmat Cash-to-Debt Historical Data

The historical data trend for Gleam Fabmat'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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Gleam Fabmat Cash-to-Debt Chart

Gleam Fabmat Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.02

0.01

0.02

Gleam Fabmat Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial						-	0.01	0.01	0.02	0.01

Competitive Comparison of Gleam Fabmat's Cash-to-Debt

For the Aluminum subindustry, Gleam Fabmat'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.

Gleam Fabmat's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gleam Fabmat's Cash-to-Debt distribution charts can be found below:

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

Gleam Fabmat 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.

Gleam Fabmat'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)
	=	0.914	/	(22.666	+	29.548)
	=	0.02

Gleam Fabmat's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.62	/	(23.548	+	29.548)
	=	0.01

Gleam Fabmat (BOM:542477) 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.

Gleam Fabmat Cash-to-Debt Related Terms

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Gleam Fabmat (BOM:542477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gleam Fabmat Ltd (BOM:542477) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051

Website

http://www.gflaluminum.in

Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

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