National Highways Infra Trust (BOM:543385) Cash-to-Debt : 0.09 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is National Highways Infra Trust 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. National Highways Infra Trust's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.09.

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, National Highways Infra Trust 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 National Highways Infra Trust's Cash-to-Debt or its related term are showing as below:

BOM:543385' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: No Debt
Current: 0.09

During the past 3 years, National Highways Infra Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.08.

BOM:543385's Cash-to-Debt is ranked worse than
78.84% of 553 companies
in the Diversified Financial Services industry
Industry Median: 3.37 vs BOM:543385: 0.09

National Highways Infra Trust Cash-to-Debt Historical Data

The historical data trend for National Highways Infra Trust'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.

National Highways Infra Trust Cash-to-Debt Chart

National Highways Infra Trust Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

No Debt

0.04

0.07

National Highways Infra Trust Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					0.08	0.08	0.07	0.07	0.09

Competitive Comparison of National Highways Infra Trust's Cash-to-Debt

For the Shell Companies subindustry, National Highways Infra Trust'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.

National Highways Infra Trust's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, National Highways Infra Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National Highways Infra Trust's Cash-to-Debt falls into.

National Highways Infra Trust 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.

National Highways Infra Trust'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)
	=	2078.604	/	(200	+	29215.833)
	=	0.07

National Highways Infra Trust'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)
	=	2737.949	/	(200	+	29519.264)
	=	0.09

National Highways Infra Trust (BOM:543385) 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.

National Highways Infra Trust Cash-to-Debt Related Terms

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

National Highways Infra Trust (BOM:543385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » National Highways Infra Trust (BOM:543385) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IVNHIT:India

Address

G 5&6, Sector-10, Dwarka, New Delhi, IND, 110 075

Website

https://www.nhaiinvit.in

National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles.

National Highways Infra Trust (BOM:543385) Headlines

No Headlines