HDB (HDFC Bank) Cash-to-Debt : 0.42 (As of Mar. 2024)

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What is HDFC Bank 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. HDFC Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.42.

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

HDB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 0.61 Max: 0.77
Current: 0.42

During the past 13 years, HDFC Bank's highest Cash to Debt Ratio was 0.77. The lowest was 0.42. And the median was 0.61.

HDB's Cash-to-Debt is ranked worse than
78.6% of 1500 companies
in the Banks industry
Industry Median: 1.295 vs HDB: 0.42

HDFC Bank Cash-to-Debt Historical Data

The historical data trend for HDFC Bank'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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HDFC Bank Cash-to-Debt Chart

HDFC Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.50

0.70

0.73

0.75

0.42

HDFC Bank Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.73	0.42	0.75	0.23	0.42

Competitive Comparison of HDFC Bank's Cash-to-Debt

For the Banks - Regional subindustry, HDFC Bank'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.

HDFC Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HDFC Bank's Cash-to-Debt distribution charts can be found below:

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

HDFC Bank Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

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

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	41266.147	/	(15824.078	+	81663.463)
	=	0.42

HDFC Bank's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	41266.147	/	(15824.078	+	81663.463)
	=	0.42

HDFC Bank (NYSE:HDB) 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.

HDFC Bank Cash-to-Debt Related Terms

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HDFC Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (NYSE:HDB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HDFCBANK:India 500180:India 0A7I:UK HDFA:Germany HDFA:Germany HDB:Argentina

Address

Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.hdfcbank.com

HDFC Bank Ltd is an Indian bank. It operates in the following segments; Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.