JK Paper (BOM:532162) Cash-to-Debt : 0.61 (As of Mar. 2024)

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What is JK Paper 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. JK Paper's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.61.

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, JK Paper 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 JK Paper's Cash-to-Debt or its related term are showing as below:

BOM:532162' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.2 Max: 0.61
Current: 0.61

During the past 13 years, JK Paper's highest Cash to Debt Ratio was 0.61. The lowest was 0.01. And the median was 0.20.

BOM:532162's Cash-to-Debt is ranked better than
62.81% of 285 companies
in the Forest Products industry
Industry Median: 0.31 vs BOM:532162: 0.61

JK Paper Cash-to-Debt Historical Data

The historical data trend for JK Paper'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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JK Paper Cash-to-Debt Chart

JK Paper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.24

0.20

0.31

0.61

JK Paper 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															0.31	N/A	0.66	N/A	0.61

Competitive Comparison of JK Paper's Cash-to-Debt

For the Paper & Paper Products subindustry, JK Paper'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.

JK Paper's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, JK Paper's Cash-to-Debt distribution charts can be found below:

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

JK Paper 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.

JK Paper'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)
	=	13504.4	/	(5089.4	+	16952.6)
	=	0.61

JK Paper'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)
	=	13504.4	/	(5089.4	+	16952.6)
	=	0.61

JK Paper (BOM:532162) 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.

JK Paper Cash-to-Debt Related Terms

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

JK Paper (BOM:532162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » JK Paper Ltd (BOM:532162) » Definitions » Cash-to-Debt

Traded in Other Exchanges

JKPAPER:India

Address

4 Bahadur Shah Zafar Marg, Nehru House, 3rd Floor, New Delhi, IND, 110 002

Website

https://www.jkpaper.com

JK Paper Ltd is a paper manufacturing company. Its products are paper and paper board. The company offers various categories of paper products including official documentation such as photocopy and multi-purpose papers for use in desktops, photocopiers, and multifunctional devices; uncoated writing and printing paper; coated paper and board; and packaging board to service the varied needs of the packaging industry. It markets the products through the distribution network of distributors, depots, regional marketing offices, and other dealers. The product brands of the company include JK Cedar, JK Copier, JK Easy Copier, and Others. The majority of the company's revenue comes from India.

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