Scarnose International (BOM:543537) Cash-to-Debt : 8.76 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Scarnose International 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. Scarnose International's cash to debt ratio for the quarter that ended in Sep. 2023 was 8.76.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Scarnose International could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

BOM:543537' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 19.94 Max: 311.48
Current: 8.76

During the past 3 years, Scarnose International's highest Cash to Debt Ratio was 311.48. The lowest was 0.04. And the median was 19.94.

BOM:543537's Cash-to-Debt is ranked better than
84.94% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs BOM:543537: 8.76

Scarnose International Cash-to-Debt Historical Data

The historical data trend for Scarnose International'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.

Scarnose International Cash-to-Debt Chart

Scarnose International Annual Data

Trend

Mar20

Mar21

Mar22

Cash-to-Debt

0.35

31.13

0.04

Scarnose International Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			31.13	0.04	311.48	141.50	8.76

Competitive Comparison of Scarnose International's Cash-to-Debt

For the Textile Manufacturing subindustry, Scarnose International'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.

Scarnose International's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Scarnose International's Cash-to-Debt distribution charts can be found below:

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

Scarnose International 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.

Scarnose International's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	1.11	/	(28.944	+	0)
	=	0.04

Scarnose International'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)
	=	1.401	/	(0.16	+	0)
	=	8.76

Scarnose International (BOM:543537) 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.

Scarnose International Cash-to-Debt Related Terms

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

Scarnose International (BOM:543537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Scarnose International Ltd (BOM:543537) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Off C. G. Road, 503, Sun Square, Nr Hotel Nest, Navrangpura, Ahmedabad, GJ, IND, 380006

Website

https://www.scarnose.com

Scarnose International Ltd manufactures and trades agricultural commodities such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The companies product portfolio includes raw cotton, cotton bales, yarn and garments for ladies.

Scarnose International (BOM:543537) Headlines

No Headlines