Kamdhenu Ventures (BOM:543747) Cash-to-Debt : 0.43 (As of Mar. 2024)

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What is Kamdhenu Ventures 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. Kamdhenu Ventures's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.43.

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, Kamdhenu Ventures 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 Kamdhenu Ventures's Cash-to-Debt or its related term are showing as below:

BOM:543747' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.86 Max: 2.73
Current: 0.43

During the past 5 years, Kamdhenu Ventures's highest Cash to Debt Ratio was 2.73. The lowest was 0.10. And the median was 0.86.

BOM:543747's Cash-to-Debt is ranked worse than
51.1% of 593 companies
in the Steel industry
Industry Median: 0.44 vs BOM:543747: 0.43

Kamdhenu Ventures Cash-to-Debt Historical Data

The historical data trend for Kamdhenu Ventures'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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Kamdhenu Ventures Cash-to-Debt Chart

Kamdhenu Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

2.73

1.00

0.86

0.10

0.43

Kamdhenu Ventures Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial						0.10	N/A	0.45	N/A	0.43

Competitive Comparison of Kamdhenu Ventures's Cash-to-Debt

For the Steel subindustry, Kamdhenu Ventures'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.

Kamdhenu Ventures's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kamdhenu Ventures's Cash-to-Debt distribution charts can be found below:

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

Kamdhenu Ventures 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.

Kamdhenu Ventures'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)
	=	87.422	/	(201.013	+	4.857)
	=	0.42

Kamdhenu Ventures'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)
	=	87.422	/	(201.013	+	4.857)
	=	0.42

Kamdhenu Ventures (BOM:543747) 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.

Kamdhenu Ventures Cash-to-Debt Related Terms

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Kamdhenu Ventures (BOM:543747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kamdhenu Ventures Ltd (BOM:543747) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KAMOPAINTS:India

Address

DLF Cyber City, 2nd Floor, Tower-A, Building No. 9, Phase-III, Gurgaon, HR, IND, 122 002

Website

https://www.kamdhenulimited.com

Kamdhenu Ventures Ltd is engaged in the manufacturing, marketing, branding, and distribution of diverse products including Reinforcement steel Bars, Structural steels, Binding Wire, Colour Coated Sheets, Plywood, Paints, and many more. The Group is also engaged in trading TMT Bars, structural steel, and manufacturing of paints products.

Kamdhenu Ventures (BOM:543747) Headlines

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