Shriram Finance (BOM:511218) Cash-to-Debt : 0.11 (As of Sep. 2024)

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What is Shriram Finance 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. Shriram Finance's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.11.

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, Shriram Finance couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BOM:511218' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.19
Current: 0.11

During the past 13 years, Shriram Finance's highest Cash to Debt Ratio was 0.19. The lowest was 0.02. And the median was 0.08.

BOM:511218's Cash-to-Debt is ranked worse than
59.77% of 517 companies
in the Credit Services industry
Industry Median: 0.22 vs BOM:511218: 0.11

Shriram Finance Cash-to-Debt Historical Data

The historical data trend for Shriram Finance'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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Shriram Finance Cash-to-Debt Chart

Shriram Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.04

0.13

0.12

0.08

0.04

Shriram Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.08	N/A	0.04	N/A	0.11

Competitive Comparison of Shriram Finance's Cash-to-Debt

For the Credit Services subindustry, Shriram Finance'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.

Shriram Finance's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Shriram Finance's Cash-to-Debt distribution charts can be found below:

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

Shriram Finance 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.

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

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	62627.2	/	(0	+	1517661)
	=	0.04

Shriram Finance's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	171542.1	/	(0	+	1576232.1)
	=	0.11

Shriram Finance (BOM:511218) 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.

Shriram Finance Cash-to-Debt Related Terms

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

Shriram Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shriram Finance Ltd (BOM:511218) » Definitions » Cash-to-Debt

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SHRIRAMFIN:India

Address

Wockhardt Towers, West Wing, Level-3, C-2, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.shriramfinance.in

Shriram Finance Ltd is an Indian non-banking finance company. It is engaged in the financing of pre-owned commercial vehicles, equipment, and other loans. The company focuses on loan origination, valuation, and collection for pre-owned and new commercial and passenger vehicles, tractors, 3-wheelers, multi-utility vehicles, and also provides ancillary services such as finance for working capital, engine replacement, bill discounting, credit cards, and tire-loans as holistic financing support. The company's revenue consists of interest income on loans provided. Geographically, it derives maximum revenue from India.

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