Shanthala FMCG Products (NSE:SHANTHALA) Cash-to-Debt : 0.31 (As of Mar. 2023)

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What is Shanthala FMCG Products 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. Shanthala FMCG Products's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.31.

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, Shanthala FMCG Products couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

The historical rank and industry rank for Shanthala FMCG Products's Cash-to-Debt or its related term are showing as below:

NSE:SHANTHALA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.14 Max: 0.31
Current: 0.31

During the past 3 years, Shanthala FMCG Products's highest Cash to Debt Ratio was 0.31. The lowest was 0.12. And the median was 0.14.

NSE:SHANTHALA's Cash-to-Debt is ranked worse than
60.57% of 525 companies
in the Conglomerates industry
Industry Median: 0.49 vs NSE:SHANTHALA: 0.31

Shanthala FMCG Products Cash-to-Debt Historical Data

The historical data trend for Shanthala FMCG Products'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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Shanthala FMCG Products Cash-to-Debt Chart

Shanthala FMCG Products Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.12

0.14

0.31

Shanthala FMCG Products Semi-Annual Data
	Mar21	Mar22	Mar23
Cash-to-Debt	0.12	0.14	0.31

Competitive Comparison of Shanthala FMCG Products's Cash-to-Debt

For the Conglomerates subindustry, Shanthala FMCG Products'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.

Shanthala FMCG Products's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanthala FMCG Products's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanthala FMCG Products's Cash-to-Debt falls into.

Shanthala FMCG Products 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.

Shanthala FMCG Products's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	13.757	/	(27.84	+	16.864)
	=	0.31

Shanthala FMCG Products's Cash to Debt Ratio for the quarter that ended in Mar. 2023 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)
	=	13.757	/	(27.84	+	16.864)
	=	0.31

Shanthala FMCG Products (NSE:SHANTHALA) 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.

Shanthala FMCG Products Cash-to-Debt Related Terms

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Shanthala FMCG Products (NSE:SHANTHALA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanthala FMCG Products Ltd (NSE:SHANTHALA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gandhinagr Bye Pass Road, 7th Block, Kodagu, Virajpet, KA, IND, 571218

Website

https://www.shanthalafmcg.com

Shanthala FMCG Products Ltd is an FMCG product distributor for large-size FMCG Companies in India for whom It distributes Branded packaged foods, Personal care products, Education & stationery products, Matches & Agarbatti and tobacco products. It is also a distributor for one of the largest FMCG MNC Company in India. It distributes branded Beauty & wellbeing, Nutrition, Personal care & Home care products for them.

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