TTK Prestige (NSE:TTKPRESTIG) Cash-to-Debt : N/A (As of Dec. 2023)

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What is TTK Prestige 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. TTK Prestige's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

NSE:TTKPRESTIG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 4.48 Max: No Debt
Current: 5.33

During the past 13 years, TTK Prestige's highest Cash to Debt Ratio was No Debt. The lowest was 0.31. And the median was 4.48.

NSE:TTKPRESTIG's Cash-to-Debt is ranked better than
76.23% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.94 vs NSE:TTKPRESTIG: 5.33

TTK Prestige Cash-to-Debt Historical Data

The historical data trend for TTK Prestige'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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TTK Prestige Cash-to-Debt Chart

TTK Prestige Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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2.70

4.48

5.94

4.27

2.15

TTK Prestige Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	2.15	N/A	5.33	N/A

Competitive Comparison of TTK Prestige's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, TTK Prestige'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.

TTK Prestige's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TTK Prestige's Cash-to-Debt distribution charts can be found below:

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

TTK Prestige 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.

TTK Prestige'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)
	=	2814.4	/	(131.7	+	1177.3)
	=	2.15

TTK Prestige's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

TTK Prestige (NSE:TTKPRESTIG) 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.

TTK Prestige Cash-to-Debt Related Terms

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

TTK Prestige (NSE:TTKPRESTIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TTK Prestige Ltd (NSE:TTKPRESTIG) » Definitions » Cash-to-Debt

Traded in Other Exchanges

517506:India

Address

1/1 & 1/2 Nagarjuna Castle, Wood Street, Richmond Town, Bengaluru, KA, IND, 560025

Website

https://www.ttkprestige.com

TTK Prestige Ltd is an Indian company that sells a variety of kitchen appliances and products. Although it primarily operates and manufactures its products in India, the company also exports its products to the U.S., Europe, South Africa, Kenya, Australia, Singapore, the Middle East, and Sri Lanka. Its kitchen appliances are divided into the Pressure Cookers group, Cookware group, Kitchen group, and Gas Stoves group among others. The majority of the company's revenue is derived from its operations in India. Despite traditionally selling pressure cookers, the company has shifted its model to be a complete kitchen solution provider. The core brands of the company include Prestige, Prestige Smart Kitchen, and others.

TTK Prestige (NSE:TTKPRESTIG) Headlines

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