Jubilant Ingrevia (BOM:543271) Cash-to-Debt : 0.16 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Jubilant Ingrevia 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. Jubilant Ingrevia's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.16.

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

BOM:543271' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.22 Max: No Debt
Current: 0.16

During the past 5 years, Jubilant Ingrevia's highest Cash to Debt Ratio was No Debt. The lowest was 0.16. And the median was 0.22.

BOM:543271's Cash-to-Debt is ranked worse than
82.31% of 1543 companies
in the Chemicals industry
Industry Median: 0.74 vs BOM:543271: 0.16

Jubilant Ingrevia Cash-to-Debt Historical Data

The historical data trend for Jubilant Ingrevia'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.

Jubilant Ingrevia Cash-to-Debt Chart

Jubilant Ingrevia Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

No Debt

0.22

0.24

0.21

0.16

Jubilant Ingrevia Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial										0.21	N/A	0.11	N/A	0.16

Competitive Comparison of Jubilant Ingrevia's Cash-to-Debt

For the Specialty Chemicals subindustry, Jubilant Ingrevia'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.

Jubilant Ingrevia's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jubilant Ingrevia's Cash-to-Debt distribution charts can be found below:

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

Jubilant Ingrevia 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.

Jubilant Ingrevia'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)
	=	1156.7	/	(3103	+	4299.5)
	=	0.16

Jubilant Ingrevia'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)
	=	1156.7	/	(3103	+	4299.5)
	=	0.16

Jubilant Ingrevia (BOM:543271) 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.

Jubilant Ingrevia Cash-to-Debt Related Terms

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

Jubilant Ingrevia (BOM:543271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jubilant Ingrevia Ltd (BOM:543271) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JUBLINGREA:India

Address

1-A, Sector 16-A, Noida, UP, IND, 201 301

Website

https://www.jubilantingrevia.com

Jubilant Ingrevia Ltd is a life science products and solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumers, and Industrial customers with its customized products and solutions. It is engaged in the manufacturing and supply of specialty intermediates, nutrition and health solutions, and life science chemicals. Its segments are Speciality Chemicals, Nutrition, and Health Solutions, and Chemical Intermediates, where the Specialty Chemicals include Pyridine & Picolines, Fine chemicals, Agro chemicals, Custom development, and manufacturing organization; Nutrition & Health Solutions consists of Nutrition and health ingredients, Animal nutrition and health solutions, and Human nutrition health solutions; Chemical intermediates consists Acetyls and Speciality ethanol.

Jubilant Ingrevia (BOM:543271) Headlines

No Headlines