HRB Floriculture (BOM:531724) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is HRB Floriculture 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. HRB Floriculture's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, HRB Floriculture couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BOM:531724' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: No Debt
Current: 0.01

During the past 13 years, HRB Floriculture's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.16.

BOM:531724's Cash-to-Debt is not ranked
in the Capital Markets industry.
Industry Median: 2.22 vs BOM:531724: 0.01

HRB Floriculture Cash-to-Debt Historical Data

The historical data trend for HRB Floriculture'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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HRB Floriculture Cash-to-Debt Chart

HRB Floriculture Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.16

0.08

0.05

0.04

0.05

HRB Floriculture Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.05	N/A	0.02	0.01

Competitive Comparison of HRB Floriculture's Cash-to-Debt

For the Capital Markets subindustry, HRB Floriculture'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.

HRB Floriculture's Cash-to-Debt Distribution in the Capital Markets Industry

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

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

HRB Floriculture 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.

HRB Floriculture's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	0.19	/	(4.13	+	0)
	=	0.05

HRB Floriculture's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	0.033	/	(4.195	+	0)
	=	0.01

HRB Floriculture (BOM:531724) 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.

HRB Floriculture Cash-to-Debt Related Terms

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

HRB Floriculture (BOM:531724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HRB Floriculture Ltd (BOM:531724) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

A-28, Ram Nagar, Shastri Nagar, Jaipur, RJ, IND, 302016

Website

https://www.hrb.co.in

HRB Floriculture Ltd is an Indian company engaged in the operations relating to trading in shares and securities and producing agriculture product. The company's operating segments are Agriculture; Investment and Securities and Other. Geographically it operates only in India. The company generates the majority of its revenue from Investment and securities.

HRB Floriculture (BOM:531724) Headlines

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