Tata Investment (BOM:501301) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Tata 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. Tata Investment's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Tata Investment could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

BOM:501301' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: 0.86

During the past 13 years, Tata Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

BOM:501301's Cash-to-Debt is ranked worse than
89.94% of 775 companies
in the Capital Markets industry
Industry Median: 1.96 vs BOM:501301: 0.86

Tata Investment Cash-to-Debt Historical Data

The historical data trend for Tata 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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Tata Investment Cash-to-Debt Chart

Tata Investment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

5.49

0.02

No Debt

Tata 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															0.02	N/A	0.10	N/A	No Debt

Competitive Comparison of Tata Investment's Cash-to-Debt

For the Capital Markets subindustry, Tata 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.

Tata Investment's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tata Investment's Cash-to-Debt distribution charts can be found below:

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

Tata Investment 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.

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

Tata Investment had no debt ⁽¹⁾.

Tata Investment's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Tata Investment had no debt ⁽¹⁾.

Tata Investment (BOM:501301) 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.

Tata Investment Cash-to-Debt Related Terms

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

Tata Investment (BOM:501301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tata Investment Corp Ltd (BOM:501301) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TATAINVEST:India

Address

10 Veer Nariman Road, Elphinstone Building, 2nd Floor, Mumbai, MH, IND, 400 001

Website

https://www.tatainvestment.com

Tata Investment Corp Ltd is an Indian investment company. It invests in a diversified portfolio of quoted and unquoted securities of companies, including Tata Companies, which are engaged in various businesses. The company mainly focuses on investing in long term investments. It also invests in units of mutual funds, bonds, and venture capital funds. Its primary sources of income consist of dividend income and interest income.

Tata Investment (BOM:501301) Headlines

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Tata Investment (BOM:501301) Cash-to-Debt : No Debt (1) (As of Mar. 2024)