Bijoy Hans (BOM:524723) Cash-to-Debt : 27.78 (As of Mar. 2024)

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What is Bijoy Hans 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. Bijoy Hans's cash to debt ratio for the quarter that ended in Mar. 2024 was 27.78.

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

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

BOM:524723' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.51 Med: 5055.73 Max: No Debt
Current: 27.78

During the past 13 years, Bijoy Hans's highest Cash to Debt Ratio was No Debt. The lowest was 10.51. And the median was 5055.73.

BOM:524723's Cash-to-Debt is ranked better than
84.85% of 99 companies
in the Medical Distribution industry
Industry Median: 0.79 vs BOM:524723: 27.78

Bijoy Hans Cash-to-Debt Historical Data

The historical data trend for Bijoy Hans'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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Bijoy Hans Cash-to-Debt Chart

Bijoy Hans Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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No Debt

10.51

27.78

Bijoy Hans 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															10.51	N/A	21.42	N/A	27.78

Competitive Comparison of Bijoy Hans's Cash-to-Debt

For the Medical Distribution subindustry, Bijoy Hans'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.

Bijoy Hans's Cash-to-Debt Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Bijoy Hans's Cash-to-Debt distribution charts can be found below:

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

Bijoy Hans 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.

Bijoy Hans'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)
	=	16.832	/	(0	+	0.606)
	=	27.78

Bijoy Hans'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)
	=	16.832	/	(0	+	0.606)
	=	27.78

Bijoy Hans (BOM:524723) 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.

Bijoy Hans Cash-to-Debt Related Terms

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Bijoy Hans (BOM:524723) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Bijoy Hans Ltd (BOM:524723) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

H P Brahmachari Road, Rehabari, Guwahati, AS, IND, 781008

Website

https://www.bijoyhans.net

Bijoy Hans Ltd is engaged in the business activity of wholesale pharmaceuticals, medical goods, and cosmetics. The company offers various pharmaceutical formulations such as tablets, capsules, syrups, suspensions, and powders, focusing on segments such as antibiotics, cough/cold/allergy, h-1 receptor antagonists, and NSAIDs.

Bijoy Hans (BOM:524723) Headlines

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