Bhatia Colour Chem (BOM:543497) Cash-to-Debt : 0.09 (As of Sep. 2023)

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What is Bhatia Colour Chem 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. Bhatia Colour Chem'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, Bhatia Colour Chem 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 Bhatia Colour Chem's Cash-to-Debt or its related term are showing as below:

BOM:543497' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.53
Current: 0.09

During the past 2 years, Bhatia Colour Chem's highest Cash to Debt Ratio was 0.53. The lowest was 0.02. And the median was 0.11.

BOM:543497's Cash-to-Debt is ranked worse than
89.13% of 1509 companies
in the Chemicals industry
Industry Median: 0.74 vs BOM:543497: 0.09

Bhatia Colour Chem Cash-to-Debt Historical Data

The historical data trend for Bhatia Colour Chem'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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Bhatia Colour Chem Cash-to-Debt Chart

Bhatia Colour Chem Annual Data

Trend

Mar22

Mar23

Cash-to-Debt

0.53

0.02

Bhatia Colour Chem Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	N/A	0.53	0.14	0.02	0.09

Competitive Comparison of Bhatia Colour Chem's Cash-to-Debt

For the Specialty Chemicals subindustry, Bhatia Colour Chem'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.

Bhatia Colour Chem's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bhatia Colour Chem's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bhatia Colour Chem's Cash-to-Debt falls into.

Bhatia Colour Chem 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.

Bhatia Colour Chem'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)
	=	2.87	/	(4.583	+	193.065)
	=	0.01

Bhatia Colour Chem'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)
	=	10.77	/	(4.887	+	113.331)
	=	0.09

Bhatia Colour Chem (BOM:543497) 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.

Bhatia Colour Chem Cash-to-Debt Related Terms

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Bhatia Colour Chem (BOM:543497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bhatia Colour Chem Ltd (BOM:543497) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 1 Udhna Udhyog, Plot No. Plot No. A/2/12, Sangh, Udhna, Surat, GJ, IND, 394210

Website

https://www.bccl.info

Bhatia Colour Chem Ltd Ltd specializes in the trading and manufacturing of chemicals, dyes, and auxiliary products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester and Cotton which includes, ambos on T-shirts, Zari Prints, and shading.

Bhatia Colour Chem (BOM:543497) Headlines

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