BEML Land Assets (BOM:543898) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is BEML Land Assets 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. BEML Land Assets's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, BEML Land Assets could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

BOM:543898' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, BEML Land Assets's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BOM:543898's Cash-to-Debt is ranked better than
99.79% of 475 companies
in the Diversified Financial Services industry
Industry Median: 2.24 vs BOM:543898: No Debt

BEML Land Assets Cash-to-Debt Historical Data

The historical data trend for BEML Land Assets'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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BEML Land Assets Cash-to-Debt Chart

BEML Land Assets Annual Data

Trend

Mar22

Mar23

Mar24

Cash-to-Debt

No Debt

N/A

No Debt

BEML Land Assets Semi-Annual Data
	Mar22	Mar23	Mar24
Cash-to-Debt	No Debt	N/A	No Debt

Competitive Comparison of BEML Land Assets's Cash-to-Debt

For the Shell Companies subindustry, BEML Land Assets'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.

BEML Land Assets's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BEML Land Assets's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BEML Land Assets's Cash-to-Debt falls into.

BEML Land Assets 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.

BEML Land Assets's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

BEML Land Assets had no debt ⁽¹⁾.

BEML Land Assets's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

BEML Land Assets had no debt ⁽¹⁾.

BEML Land Assets (BOM:543898) 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.

BEML Land Assets Cash-to-Debt Related Terms

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

BEML Land Assets (BOM:543898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BEML Land Assets Ltd (BOM:543898) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BLAL:India

Address

23/1, 4th Main, SR Nagar, Bangalore, KA, IND, 560027

Website

https://www.bemlindia.in

BEML Land Assets Ltd is a wholyy owned subsidiary of BEML Ltt. It is engaged in manufacturing of mining and construction equipment. It offers a comprehensive and diverse range of mining machinery for both opencast and underground mines. The company produces machines such as Hydraulic Excavators, Bulldozers, wheel loaders and dozers, Dump trucks, Motors Graders, pipe layers, Tyre handler, water sprinklers and backhoe loaders.

BEML Land Assets (BOM:543898) Headlines

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BEML Land Assets (BOM:543898) Cash-to-Debt : No Debt (1) (As of Mar. 2024)