Labelkraft Technologies (BOM:543830) Cash-to-Debt : 1.50 (As of Mar. 2024)

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What is Labelkraft Technologies 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. Labelkraft Technologies's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.50.

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, Labelkraft Technologies could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:543830' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.14 Med: 1.32 Max: 1.5
Current: 1.5

During the past 2 years, Labelkraft Technologies's highest Cash to Debt Ratio was 1.50. The lowest was 1.14. And the median was 1.32.

BOM:543830's Cash-to-Debt is ranked better than
54.05% of 2997 companies
in the Industrial Products industry
Industry Median: 1.23 vs BOM:543830: 1.50

Labelkraft Technologies Cash-to-Debt Historical Data

The historical data trend for Labelkraft Technologies'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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Labelkraft Technologies Cash-to-Debt Chart

Labelkraft Technologies Annual Data

Trend

Mar23

Mar24

Cash-to-Debt

1.14

1.50

Labelkraft Technologies Semi-Annual Data
	Mar23	Sep23	Mar24
Cash-to-Debt	1.14	1.23	1.50

Competitive Comparison of Labelkraft Technologies's Cash-to-Debt

For the Business Equipment & Supplies subindustry, Labelkraft Technologies'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.

Labelkraft Technologies's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Labelkraft Technologies's Cash-to-Debt distribution charts can be found below:

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

Labelkraft Technologies 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.

Labelkraft Technologies'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)
	=	24.969	/	(5.202	+	11.438)
	=	1.50

Labelkraft Technologies'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)
	=	24.969	/	(5.202	+	11.438)
	=	1.50

Labelkraft Technologies (BOM:543830) 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.

Labelkraft Technologies Cash-to-Debt Related Terms

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Labelkraft Technologies (BOM:543830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Labelkraft Technologies Ltd (BOM:543830) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

14/12, Jayachamarajendra Road, Bengaluru, KA, IND, 560002

Website

https://www.labelkraft.com

Labelkraft Technologies Ltd is engaged in the business of providing barcode code solutions. The company offers services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, and others.

Labelkraft Technologies (BOM:543830) Headlines

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