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Ready Made Clothes (IQS:IRMC) Cash-to-Debt : 0.00 (As of . 20)


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What is Ready Made Clothes 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. Ready Made Clothes's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Ready Made Clothes couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

IQS:IRMC's Cash-to-Debt is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Ready Made Clothes Cash-to-Debt Historical Data

The historical data trend for Ready Made Clothes'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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Ready Made Clothes Cash-to-Debt Chart

Ready Made Clothes Annual Data
Trend
Cash-to-Debt

Ready Made Clothes Quarterly Data
Cash-to-Debt

Competitive Comparison of Ready Made Clothes's Cash-to-Debt

For the Apparel Manufacturing subindustry, Ready Made Clothes'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.


Ready Made Clothes's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ready Made Clothes's Cash-to-Debt falls into.



Ready Made Clothes 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.

Ready Made Clothes's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

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

Ready Made Clothes's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

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

* 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.


Ready Made Clothes  (IQS:IRMC) 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.


Ready Made Clothes Cash-to-Debt Related Terms

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Ready Made Clothes (IQS:IRMC) Business Description

Traded in Other Exchanges
N/A
Address
Near MIB, Al-Mahmoudia, Baghdad, IRQ
Website
Ready Made Clothes manufactures cloth and accessories. The company markets its products throughout Iraq.

Ready Made Clothes (IQS:IRMC) Headlines

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