Taneja Aerospace & Aviation (BOM:522229) Cash-to-Debt : N/A (As of Dec. 2024)

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What is Taneja Aerospace & Aviation 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. Taneja Aerospace & Aviation's cash to debt ratio for the quarter that ended in Dec. 2024 was N/A.

The historical rank and industry rank for Taneja Aerospace & Aviation's Cash-to-Debt or its related term are showing as below:

BOM:522229' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.37 Max: 57.54
Current: 57.54

During the past 13 years, Taneja Aerospace & Aviation's highest Cash to Debt Ratio was 57.54. The lowest was 0.06. And the median was 0.37.

BOM:522229's Cash-to-Debt is ranked better than
88.46% of 312 companies
in the Aerospace & Defense industry
Industry Median: 0.845 vs BOM:522229: 57.54

Taneja Aerospace & Aviation Cash-to-Debt Historical Data

The historical data trend for Taneja Aerospace & Aviation'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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Taneja Aerospace & Aviation Cash-to-Debt Chart

Taneja Aerospace & Aviation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.09

0.35

0.96

25.09

19.50

Taneja Aerospace & Aviation Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	19.50	N/A	57.54	N/A

Competitive Comparison of Taneja Aerospace & Aviation's Cash-to-Debt

For the Aerospace & Defense subindustry, Taneja Aerospace & Aviation'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.

Taneja Aerospace & Aviation's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taneja Aerospace & Aviation's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Taneja Aerospace & Aviation's Cash-to-Debt falls into.

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Taneja Aerospace & Aviation 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.

Taneja Aerospace & Aviation'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)
	=	59.165	/	(3.034	+	0)
	=	19.50

Taneja Aerospace & Aviation's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

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

Taneja Aerospace & Aviation (BOM:522229) 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.

Taneja Aerospace & Aviation Cash-to-Debt Related Terms

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Taneja Aerospace & Aviation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Taneja Aerospace & Aviation Ltd (BOM:522229) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Belagondapalli Village, Thally Road, Denkanikottai Taluk, Krishnagiri District, Belagondapalli, TN, IND, 635 114

Website

http://www.taal.co.in

Taneja Aerospace & Aviation Ltd is engaged in the manufacturing and sale of parts and components to the aviation industry, providing services related to airfield and MRO, and allied services. The Company operates only in one segment which is Aerospace and aviation. It generates maximum revenue from the Aviation segment. The company derives maximum revenue from Domestic sales as well from services such as Rental income and other maintenance services.

Taneja Aerospace & Aviation Headlines

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