Sindhu Trade Links (BOM:532029) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is Sindhu Trade Links 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. Sindhu Trade Links's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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, Sindhu Trade Links couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BOM:532029' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.25
Current: 0.13

During the past 12 years, Sindhu Trade Links's highest Cash to Debt Ratio was 0.25. The lowest was 0.02. And the median was 0.06.

BOM:532029's Cash-to-Debt is ranked worse than
80.04% of 511 companies
in the Conglomerates industry
Industry Median: 0.48 vs BOM:532029: 0.13

Sindhu Trade Links Cash-to-Debt Historical Data

The historical data trend for Sindhu Trade Links'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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Sindhu Trade Links Cash-to-Debt Chart

Sindhu Trade Links Annual Data

Trend

Mar11

Mar12

Mar13

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.03

0.02

0.03

Sindhu Trade Links Quarterly Data
	Mar18	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															0.18	0.03	0.06	0.10	0.13

Competitive Comparison of Sindhu Trade Links's Cash-to-Debt

For the Conglomerates subindustry, Sindhu Trade Links'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.

Sindhu Trade Links's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sindhu Trade Links's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sindhu Trade Links's Cash-to-Debt falls into.

Sindhu Trade Links 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.

Sindhu Trade Links'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)
	=	485.729	/	(7547.565	+	8832.977)
	=	0.03

Sindhu Trade Links's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1352.948	/	(2605.07	+	7732.757)
	=	0.13

Sindhu Trade Links (BOM:532029) 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.

Sindhu Trade Links Cash-to-Debt Related Terms

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

Sindhu Trade Links (BOM:532029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sindhu Trade Links Ltd (BOM:532029) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SINDHUTRAD:India

Address

Sector 30, 7th Floor, Tower A, Signature Tower, Moti Nagar, New Delhi, IND, 122003

Website

https://www.sindhutrade.com

Sindhu Trade Links Ltd is engaged in activities of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects, and Overseas Mining and Trading of Coal. The operating segments of the company are Finance and Investment, Oil, Lubricants and Spares, Transportation and Logistics, Generation & Supply of Electricity, and Oil Drilling Operations. It generates maximum revenue from the Transportation and Logistics segment. Geographically, it derives a majority of its revenue from India.

Sindhu Trade Links (BOM:532029) Headlines

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