Bajaj Hindusthan Sugar (BOM:500032) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Bajaj Hindusthan Sugar 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 Hindusthan Sugar's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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 Hindusthan Sugar 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 Hindusthan Sugar's Cash-to-Debt or its related term are showing as below:

BOM:500032' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.41
Current: 0.01

During the past 13 years, Bajaj Hindusthan Sugar's highest Cash to Debt Ratio was 0.41. The lowest was 0.01. And the median was 0.06.

BOM:500032's Cash-to-Debt is ranked worse than
96.37% of 1793 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs BOM:500032: 0.01

Bajaj Hindusthan Sugar Cash-to-Debt Historical Data

The historical data trend for Bajaj Hindusthan Sugar'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 Hindusthan Sugar Cash-to-Debt Chart

Bajaj Hindusthan Sugar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.21

0.41

0.01

Bajaj Hindusthan Sugar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.01	0.01	N/A	0.01

Competitive Comparison of Bajaj Hindusthan Sugar's Cash-to-Debt

For the Confectioners subindustry, Bajaj Hindusthan Sugar'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 Hindusthan Sugar's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bajaj Hindusthan Sugar's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bajaj Hindusthan Sugar's Cash-to-Debt falls into.

Bajaj Hindusthan Sugar 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 Hindusthan Sugar'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)
	=	522.1	/	(2866.2	+	35532.1)
	=	0.01

Bajaj Hindusthan Sugar'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)
	=	522.1	/	(2866.2	+	35532.1)
	=	0.01

Bajaj Hindusthan Sugar (BOM:500032) 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 Hindusthan Sugar Cash-to-Debt Related Terms

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Bajaj Hindusthan Sugar (BOM:500032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bajaj Hindusthan Sugar Ltd (BOM:500032) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BAJAJHIND:India

Address

Jamnalal Bajaj Marg, Bajaj Bhawan, B-10, Sector 3, Delhi, IND, 201 301

Website

https://www.bajajhindusthan.com

Bajaj Hindusthan Sugar Ltd is an India-based sugar and ethanol manufacturing company. The operating segments of the company are Sugar, Distillery, Power, and Others. It generates maximum revenue from the Sugar segment. The by-products obtained during the sugar manufacturing process are Molasses, Bagasse, Fly ash, and Press Mud.

Bajaj Hindusthan Sugar (BOM:500032) Headlines

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