Rex Pipes and Cables Industries (NSE:REXPIPES) Cash-to-Debt : 0.11 (As of Sep. 2023)

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What is Rex Pipes and Cables Industries 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. Rex Pipes and Cables Industries's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.11.

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, Rex Pipes and Cables Industries 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 Rex Pipes and Cables Industries's Cash-to-Debt or its related term are showing as below:

NSE:REXPIPES' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.13
Current: 0.11

During the past 6 years, Rex Pipes and Cables Industries's highest Cash to Debt Ratio was 0.13. The lowest was 0.01. And the median was 0.04.

NSE:REXPIPES's Cash-to-Debt is ranked worse than
87.54% of 1509 companies
in the Chemicals industry
Industry Median: 0.74 vs NSE:REXPIPES: 0.11

Rex Pipes and Cables Industries Cash-to-Debt Historical Data

The historical data trend for Rex Pipes and Cables Industries'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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Rex Pipes and Cables Industries Cash-to-Debt Chart

Rex Pipes and Cables Industries Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.04

0.02

0.13

0.06

Rex Pipes and Cables Industries Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial				0.03	0.13	0.01	0.06	0.11

Competitive Comparison of Rex Pipes and Cables Industries's Cash-to-Debt

For the Specialty Chemicals subindustry, Rex Pipes and Cables Industries'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.

Rex Pipes and Cables Industries's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rex Pipes and Cables Industries's Cash-to-Debt falls into.

Rex Pipes and Cables Industries 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.

Rex Pipes and Cables Industries'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)
	=	15.702	/	(216.53	+	31.597)
	=	0.06

Rex Pipes and Cables Industries'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)
	=	37.969	/	(321.315	+	42.02)
	=	0.10

Rex Pipes and Cables Industries (NSE:REXPIPES) 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.

Rex Pipes and Cables Industries Cash-to-Debt Related Terms

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

Rex Pipes and Cables Industries (NSE:REXPIPES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rex Pipes and Cables Industries Ltd (NSE:REXPIPES) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001

Website

https://www.rpcil.com

Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. It offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

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