Manoj Vaibhav Gems N Jewellers (BOM:543995) Cash-to-Debt : 0.45 (As of Mar. 2024)

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What is Manoj Vaibhav Gems N Jewellers 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. Manoj Vaibhav Gems N Jewellers's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.45.

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, Manoj Vaibhav Gems N Jewellers 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 Manoj Vaibhav Gems N Jewellers's Cash-to-Debt or its related term are showing as below:

BOM:543995' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.45
Current: 0.45

During the past 5 years, Manoj Vaibhav Gems N Jewellers's highest Cash to Debt Ratio was 0.45. The lowest was 0.01. And the median was 0.04.

BOM:543995's Cash-to-Debt is ranked worse than
50.9% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs BOM:543995: 0.45

Manoj Vaibhav Gems N Jewellers Cash-to-Debt Historical Data

The historical data trend for Manoj Vaibhav Gems N Jewellers'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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Manoj Vaibhav Gems N Jewellers Cash-to-Debt Chart

Manoj Vaibhav Gems N Jewellers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.04

0.01

0.03

0.45

Manoj Vaibhav Gems N Jewellers Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Cash-to-Debt	0.04	0.04	0.01	0.03	0.45

Competitive Comparison of Manoj Vaibhav Gems N Jewellers's Cash-to-Debt

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Cash-to-Debt falls into.

Manoj Vaibhav Gems N Jewellers 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.

Manoj Vaibhav Gems N Jewellers'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)
	=	1947.24	/	(3694.34	+	595.74)
	=	0.45

Manoj Vaibhav Gems N Jewellers'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)
	=	1947.24	/	(3694.34	+	595.74)
	=	0.45

Manoj Vaibhav Gems N Jewellers (BOM:543995) 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.

Manoj Vaibhav Gems N Jewellers Cash-to-Debt Related Terms

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Manoj Vaibhav Gems N Jewellers (BOM:543995) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Manoj Vaibhav Gems N Jewellers Ltd (BOM:543995) » Definitions » Cash-to-Debt

Traded in Other Exchanges

MVGJL:India

Address

D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016

Website

https://www.vaibhavjewellers.com

Manoj Vaibhav Gems N Jewellers Ltd is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur. It is a hyperlocal jewellery retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a strong rural market focus and a dedicated urban focus also. The company positioned itself as a retailer focussed on Relationships, by Design where it focuses on offering designs, high quality, transparency and customer service to its customers.

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