Karur Vysya Bank (NSE:KARURVYSYA) Cash-to-Debt : 2.28 (As of Mar. 2024)

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What is Karur Vysya Bank 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. Karur Vysya Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.28.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Karur Vysya Bank could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Karur Vysya Bank's Cash-to-Debt or its related term are showing as below:

NSE:KARURVYSYA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.88 Med: 2.26 Max: 3.86
Current: 2.28

During the past 13 years, Karur Vysya Bank's highest Cash to Debt Ratio was 3.86. The lowest was 0.88. And the median was 2.26.

NSE:KARURVYSYA's Cash-to-Debt is ranked better than
65.83% of 1428 companies
in the Banks industry
Industry Median: 1.29 vs NSE:KARURVYSYA: 2.28

Karur Vysya Bank Cash-to-Debt Historical Data

The historical data trend for Karur Vysya Bank'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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Karur Vysya Bank Cash-to-Debt Chart

Karur Vysya Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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3.86

2.24

2.89

3.28

2.28

Karur Vysya Bank 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															3.28	N/A	1.89	N/A	2.28

Competitive Comparison of Karur Vysya Bank's Cash-to-Debt

For the Banks - Regional subindustry, Karur Vysya Bank'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.

Karur Vysya Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Karur Vysya Bank's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Karur Vysya Bank's Cash-to-Debt falls into.

Karur Vysya Bank Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Karur Vysya Bank's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	56585.7	/	(0	+	24783.5)
	=	2.28

Karur Vysya Bank's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	56585.7	/	(0	+	24783.5)
	=	2.28

Karur Vysya Bank (NSE:KARURVYSYA) 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.

Karur Vysya Bank Cash-to-Debt Related Terms

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

Karur Vysya Bank (NSE:KARURVYSYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Karur Vysya Bank Ltd (NSE:KARURVYSYA) » Definitions » Cash-to-Debt

Traded in Other Exchanges

590003:India

Address

No. 20, Erode Road, Vadivel Nagar, L.N.S., Karur, TN, IND, 639002

Website

https://www.kvb.co.in

Karur Vysya Bank Ltd is a provider of banking products and financial services headquartered in India. The bank's customers are both individuals and corporations, with individual customers providing the largest amount of revenue to the bank. The company generates all of its revenue domestically through three main segments: Treasury operations, Corporate/Wholesale banking operations and Retail banking operations. The largest of these by revenue is the retail banking segment, which provides savings accounts, loans, deposits insurance and mutual funds. Corporate/wholesale banking includes foreign exchange, trade finance, working capital finance, credit for agriculturalists, term loans, and insurance.

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