Bajaj Holdings and Investment (LSE:BAUD) Cash-to-Debt : 0.64 (As of Mar. 2024)

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What is Bajaj Holdings and Investment 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. Bajaj Holdings and Investment's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.64.

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, Bajaj Holdings and Investment 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 Bajaj Holdings and Investment's Cash-to-Debt or its related term are showing as below:

LSE:BAUD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 5000.32 Max: No Debt
Current: 0.64

During the past 13 years, Bajaj Holdings and Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was 5000.32.

LSE:BAUD's Cash-to-Debt is ranked worse than
63.86% of 1450 companies
in the Asset Management industry
Industry Median: 5.72 vs LSE:BAUD: 0.64

Bajaj Holdings and Investment Cash-to-Debt Historical Data

The historical data trend for Bajaj Holdings and Investment'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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Bajaj Holdings and Investment Cash-to-Debt Chart

Bajaj Holdings and Investment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.57

0.54

0.19

0.28

0.64

Bajaj Holdings and Investment 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															0.28	N/A	0.56	N/A	0.64

Competitive Comparison of Bajaj Holdings and Investment's Cash-to-Debt

For the Asset Management subindustry, Bajaj Holdings and Investment'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.

Bajaj Holdings and Investment's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bajaj Holdings and Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bajaj Holdings and Investment's Cash-to-Debt falls into.

Bajaj Holdings and Investment 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.

Bajaj Holdings and Investment'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)
	=	4.786	/	(0	+	7.537)
	=	0.64

Bajaj Holdings and Investment'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)
	=	4.786	/	(0	+	7.537)
	=	0.64

Bajaj Holdings and Investment (LSE:BAUD) 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.

Bajaj Holdings and Investment Cash-to-Debt Related Terms

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

Bajaj Holdings and Investment (LSE:BAUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bajaj Holdings and Investment Ltd (LSE:BAUD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BAJAJHLDNG:India 500490:India

Address

Off Pune - Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bhil.in

Bajaj Holdings and Investment Ltd is an investment company that chooses equities from both the public and private equity markets. Traditionally, the company seeks to invest in companies that fit a five-year investment horizon. Investment portfolios are managed by an investment committee that meets frequently, and a team of fund managers and analysts. Bajaj's positions are placed into one of four portfolios, which include: strategic equity investments; other equities; fixed income securities; and property investments. Sector allocation for the company's other equities portfolio traditionally includes financials, technology/pharma, consumers/education, sugar, materials, construction, and telecom, and media.

Bajaj Holdings and Investment (LSE:BAUD) Headlines

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