PNB Housing Finance (NSE:PNBHOUSING) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is PNB Housing Finance 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. PNB Housing Finance's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, PNB Housing Finance 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 PNB Housing Finance's Cash-to-Debt or its related term are showing as below:

NSE:PNBHOUSING' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.17
Current: 0.07

During the past 13 years, PNB Housing Finance's highest Cash to Debt Ratio was 0.17. The lowest was 0.01. And the median was 0.07.

NSE:PNBHOUSING's Cash-to-Debt is ranked worse than
95.32% of 1432 companies
in the Banks industry
Industry Median: 1.3 vs NSE:PNBHOUSING: 0.07

PNB Housing Finance Cash-to-Debt Historical Data

The historical data trend for PNB Housing Finance'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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PNB Housing Finance Cash-to-Debt Chart

PNB Housing Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.17

0.16

0.14

0.10

0.07

PNB Housing Finance 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	0.12	N/A	0.07

Competitive Comparison of PNB Housing Finance's Cash-to-Debt

For the Mortgage Finance subindustry, PNB Housing Finance'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.

PNB Housing Finance's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where PNB Housing Finance's Cash-to-Debt falls into.

PNB Housing Finance 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.

PNB Housing Finance'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)
	=	26069.3	/	(0	+	372583.7)
	=	0.07

PNB Housing Finance'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)
	=	26069.3	/	(0	+	372583.7)
	=	0.07

PNB Housing Finance (NSE:PNBHOUSING) 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.

PNB Housing Finance Cash-to-Debt Related Terms

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

PNB Housing Finance (NSE:PNBHOUSING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PNB Housing Finance Ltd (NSE:PNBHOUSING) » Definitions » Cash-to-Debt

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540173:India

Address

22 Kasturba Gandhi Marg, 9th Floor, Antriksh Bhavan, New Delhi, IND, 110 001

Website

https://www.pnbhousing.com

PNB Housing Finance Ltd is an India-based housing finance company. It is engaged in the business of providing loans for the purchase, construction, repairs, and renovations of houses, flats, and commercial properties. The company also provides loans for commercial space, loan against property and loan for the purchase of residential plots. Geographically, it operates only in India. It generates revenue from Interest income and Fees and commission income.

PNB Housing Finance (NSE:PNBHOUSING) Headlines

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