Sangani Hospitals (NSE:SANGANI) Cash-to-Debt : 44.52 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Sangani Hospitals 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. Sangani Hospitals's cash to debt ratio for the quarter that ended in Mar. 2023 was 44.52.

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, Sangani Hospitals could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

NSE:SANGANI' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.39 Med: 10.05 Max: 44.52
Current: 44.52

During the past 4 years, Sangani Hospitals's highest Cash to Debt Ratio was 44.52. The lowest was 4.39. And the median was 10.05.

NSE:SANGANI's Cash-to-Debt is ranked better than
88.3% of 658 companies
in the Healthcare Providers & Services industry
Industry Median: 0.665 vs NSE:SANGANI: 44.52

Sangani Hospitals Cash-to-Debt Historical Data

The historical data trend for Sangani Hospitals'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.

* Premium members only.

Sangani Hospitals Cash-to-Debt Chart

Sangani Hospitals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

5.93

4.39

14.17

44.52

Sangani Hospitals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Cash-to-Debt	5.93	4.39	14.17	44.52

Competitive Comparison of Sangani Hospitals's Cash-to-Debt

For the Medical Care Facilities subindustry, Sangani Hospitals'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.

Sangani Hospitals's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sangani Hospitals's Cash-to-Debt distribution charts can be found below:

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

Sangani Hospitals 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.

Sangani Hospitals'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)
	=	44.873	/	(0	+	1.008)
	=	44.52

Sangani Hospitals's Cash to Debt Ratio for the quarter 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)
	=	44.873	/	(0	+	1.008)
	=	44.52

Sangani Hospitals (NSE:SANGANI) 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.

Sangani Hospitals Cash-to-Debt Related Terms

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

Sangani Hospitals (NSE:SANGANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sangani Hospitals Ltd (NSE:SANGANI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220

Website

https://www.sanganihospitals.com

Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities.

Sangani Hospitals (NSE:SANGANI) Headlines

No Headlines