CSL Finance (BOM:530067) Cash-to-Debt : 0.13 (As of Mar. 2024)

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What is CSL Finance 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. CSL Finance's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.13.

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, CSL Finance couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:530067' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.13 Max: 3.08
Current: 0.13

During the past 13 years, CSL Finance's highest Cash to Debt Ratio was 3.08. The lowest was 0.06. And the median was 0.13.

BOM:530067's Cash-to-Debt is ranked worse than
59.68% of 501 companies
in the Credit Services industry
Industry Median: 0.22 vs BOM:530067: 0.13

CSL Finance Cash-to-Debt Historical Data

The historical data trend for CSL Finance'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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CSL Finance Cash-to-Debt Chart

CSL Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.13

0.21

0.08

0.11

0.13

CSL Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.11	N/A	0.09	N/A	0.13

Competitive Comparison of CSL Finance's Cash-to-Debt

For the Credit Services subindustry, CSL Finance'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.

CSL Finance's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, CSL Finance's Cash-to-Debt distribution charts can be found below:

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

CSL Finance 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.

CSL Finance'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)
	=	633.903	/	(0	+	5049.357)
	=	0.13

CSL Finance'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)
	=	633.903	/	(0	+	5049.357)
	=	0.13

CSL Finance (BOM:530067) 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.

CSL Finance Cash-to-Debt Related Terms

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

CSL Finance (BOM:530067) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CSL Finance Ltd (BOM:530067) » Definitions » Cash-to-Debt

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CSLFINANCE:India

Address

World Trade Tower, 716-717, 7th Floor, Tower B, Sector 16, Noida, UP, IND, 201301

Website

https://www.cslfinance.in

CSL Finance Ltd operates as a non-banking financial institution. The business activity of the company is to offer secured and unsecured lending to small and medium-size business units to fulfil their financial needs. The company's business is classified into two broader segments of SME business and Wholesale business. SME business is mainly focused on micro and small business loans to various business entities, which is secured mostly against self-occupied Residential or Commercial properties. Wholesale business is focused on big-ticket size loans for the working capital requirement of businesses. The primary revenue source of the company is interest income. The company operates within India.

CSL Finance (BOM:530067) Headlines

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