DCM Shriram Industries (NSE:DCMSRIND) Cash-to-Debt : 0.78 (As of Mar. 2024)

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What is DCM Shriram Industries 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. DCM Shriram Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.78.

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, DCM Shriram Industries 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 DCM Shriram Industries's Cash-to-Debt or its related term are showing as below:

NSE:DCMSRIND' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.06 Max: 0.78
Current: 0.78

During the past 13 years, DCM Shriram Industries's highest Cash to Debt Ratio was 0.78. The lowest was 0.03. And the median was 0.06.

NSE:DCMSRIND's Cash-to-Debt is ranked better than
57.64% of 1858 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs NSE:DCMSRIND: 0.78

DCM Shriram Industries Cash-to-Debt Historical Data

The historical data trend for DCM Shriram Industries'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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DCM Shriram Industries Cash-to-Debt Chart

DCM Shriram Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.11

0.16

0.06

0.10

0.78

DCM Shriram Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.10	N/A	1.20	N/A	0.78

Competitive Comparison of DCM Shriram Industries's Cash-to-Debt

For the Confectioners subindustry, DCM Shriram Industries'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.

DCM Shriram Industries's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where DCM Shriram Industries's Cash-to-Debt falls into.

DCM Shriram Industries 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.

DCM Shriram Industries'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)
	=	4118.9	/	(4821.3	+	468.9)
	=	0.78

DCM Shriram Industries'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)
	=	4118.9	/	(4821.3	+	468.9)
	=	0.78

DCM Shriram Industries (NSE:DCMSRIND) 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.

DCM Shriram Industries Cash-to-Debt Related Terms

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

DCM Shriram Industries (NSE:DCMSRIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DCM Shriram Industries Ltd (NSE:DCMSRIND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

523369:India

Address

18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001

Website

https://www.dcmsr.com

DCM Shriram Industries Ltd is engaged in the manufacturing of sugar. The company's operating segment includes Sugar; Industrial fibres and related products and Chemicals. The company generates maximum revenue from the Sugar segment. The sugar segment of the company comprising of sugar, power, and alcohols, the industrial fibers and related products segment comprising of rayon, synthetic yarn, cord, fabric, and others, and the chemicals segment comprising of organics and fine chemicals. Geographically, the company derives a majority of its revenue from India and also has a presence in Europe; China, and the Rest of the World.

DCM Shriram Industries (NSE:DCMSRIND) Headlines

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