Sandur Manganese And Iron Ores (BOM:504918) Cash-to-Debt : 7.39 (As of Mar. 2024)

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What is Sandur Manganese And Iron Ores 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. Sandur Manganese And Iron Ores's cash to debt ratio for the quarter that ended in Mar. 2024 was 7.39.

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, Sandur Manganese And Iron Ores could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Sandur Manganese And Iron Ores's Cash-to-Debt or its related term are showing as below:

BOM:504918' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 5003.7 Max: No Debt
Current: 7.39

During the past 13 years, Sandur Manganese And Iron Ores's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 5003.70.

BOM:504918's Cash-to-Debt is ranked better than
85.16% of 593 companies
in the Steel industry
Industry Median: 0.44 vs BOM:504918: 7.39

Sandur Manganese And Iron Ores Cash-to-Debt Historical Data

The historical data trend for Sandur Manganese And Iron Ores'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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Sandur Manganese And Iron Ores Cash-to-Debt Chart

Sandur Manganese And Iron Ores Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.22

0.97

1.79

3.57

7.39

Sandur Manganese And Iron Ores 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															3.57	N/A	5.44	N/A	7.39

Competitive Comparison of Sandur Manganese And Iron Ores's Cash-to-Debt

For the Steel subindustry, Sandur Manganese And Iron Ores'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.

Sandur Manganese And Iron Ores's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sandur Manganese And Iron Ores's Cash-to-Debt falls into.

Sandur Manganese And Iron Ores 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.

Sandur Manganese And Iron Ores'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)
	=	9819.7	/	(331.6	+	996.9)
	=	7.39

Sandur Manganese And Iron Ores'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)
	=	9819.7	/	(331.6	+	996.9)
	=	7.39

Sandur Manganese And Iron Ores (BOM:504918) 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.

Sandur Manganese And Iron Ores Cash-to-Debt Related Terms

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

Sandur Manganese And Iron Ores (BOM:504918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sandur Manganese And Iron Ores Ltd (BOM:504918) » Definitions » Cash-to-Debt

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SANDUMA:India

Address

No. 9, Bellary Road, Sandur House, Sadashivanagar, Bangalore, KA, IND, 560 080

Website

https://www.sandurgroup.com

Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ore. The company is also engaged in the manufacture of ferroalloys. Its operating segment includes Mining and Ferroalloys and, Coke and energy. The company generates maximum revenue from the Coke and Energy segment. Geographically, it derives all of its revenue from India.

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