Steel Authority Of India (NSE:SAIL) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Steel Authority Of India 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. Steel Authority Of India's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for Steel Authority Of India's Cash-to-Debt or its related term are showing as below:

NSE:SAIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.12
Current: 0.07

During the past 13 years, Steel Authority Of India's highest Cash to Debt Ratio was 0.12. The lowest was 0.00. And the median was 0.06.

NSE:SAIL's Cash-to-Debt is ranked worse than
84.06% of 577 companies
in the Steel industry
Industry Median: 0.44 vs NSE:SAIL: 0.07

Steel Authority Of India Cash-to-Debt Historical Data

The historical data trend for Steel Authority Of India'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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Steel Authority Of India Cash-to-Debt Chart

Steel Authority Of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.02

0.01

0.06

Steel Authority Of India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.06	N/A	0.07	N/A

Competitive Comparison of Steel Authority Of India's Cash-to-Debt

For the Steel subindustry, Steel Authority Of India'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.

Steel Authority Of India's Cash-to-Debt Distribution in the Steel Industry

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

* The bar in red indicates where Steel Authority Of India's Cash-to-Debt falls into.

Steel Authority Of India 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.

Steel Authority Of India's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	18132.5	/	(199237.2	+	108497.1)
	=	0.06

Steel Authority Of India's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Steel Authority Of India (NSE:SAIL) 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.

Steel Authority Of India Cash-to-Debt Related Terms

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Steel Authority Of India (NSE:SAIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Authority Of India Ltd (NSE:SAIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

500113:India

Address

Lodi Road, Ispat Bhawan, New Delhi, IND, 110003

Website

https://www.sail.co.in

Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.