TGV Sraac (BOM:507753) Cash-to-Debt : 0.46 (As of Mar. 2024)

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What is TGV Sraac 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. TGV Sraac's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.46.

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, TGV Sraac 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 TGV Sraac's Cash-to-Debt or its related term are showing as below:

BOM:507753' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.46
Current: 0.46

During the past 13 years, TGV Sraac's highest Cash to Debt Ratio was 0.46. The lowest was 0.06. And the median was 0.10.

BOM:507753's Cash-to-Debt is ranked worse than
59.6% of 1547 companies
in the Chemicals industry
Industry Median: 0.74 vs BOM:507753: 0.46

TGV Sraac Cash-to-Debt Historical Data

The historical data trend for TGV Sraac'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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TGV Sraac Cash-to-Debt Chart

TGV Sraac Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.13

0.07

0.14

0.46

TGV Sraac 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															0.14	N/A	0.69	N/A	0.46

Competitive Comparison of TGV Sraac's Cash-to-Debt

For the Chemicals subindustry, TGV Sraac'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.

TGV Sraac's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TGV Sraac's Cash-to-Debt distribution charts can be found below:

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

TGV Sraac 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.

TGV Sraac'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)
	=	1459.4	/	(2254.9	+	938.7)
	=	0.46

TGV Sraac'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)
	=	1459.4	/	(2254.9	+	938.7)
	=	0.46

TGV Sraac (BOM:507753) 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.

TGV Sraac Cash-to-Debt Related Terms

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

TGV Sraac (BOM:507753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TGV Sraac Ltd (BOM:507753) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

40-304, Krishna Jyothsna Complex, 2nd Floor, Bhagya Nagar, Kurnool, AP, IND, 518 004

Website

http://www.tgvgroup.com

TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Stearic Acid and Soap Noodles. It generates maximum revenue from the Chemicals segment.

TGV Sraac (BOM:507753) Headlines

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