Shraddha Prime Projects (BOM:531771) Cash-to-Debt : 0.04 (As of Mar. 2024)

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What is Shraddha Prime Projects 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. Shraddha Prime Projects's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.04.

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, Shraddha Prime Projects 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 Shraddha Prime Projects's Cash-to-Debt or its related term are showing as below:

BOM:531771' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: No Debt Max: No Debt
Current: 0.04

During the past 13 years, Shraddha Prime Projects's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

BOM:531771's Cash-to-Debt is ranked worse than
83.79% of 1795 companies
in the Real Estate industry
Industry Median: 0.25 vs BOM:531771: 0.04

Shraddha Prime Projects Cash-to-Debt Historical Data

The historical data trend for Shraddha Prime Projects'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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Shraddha Prime Projects Cash-to-Debt Chart

Shraddha Prime Projects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.03

0.04

Shraddha Prime Projects 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															0.03	N/A	No Debt	N/A	0.04

Competitive Comparison of Shraddha Prime Projects's Cash-to-Debt

For the Real Estate - Development subindustry, Shraddha Prime Projects'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.

Shraddha Prime Projects's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shraddha Prime Projects's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shraddha Prime Projects's Cash-to-Debt falls into.

Shraddha Prime Projects 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.

Shraddha Prime Projects'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)
	=	40.868	/	(507.868	+	527.051)
	=	0.04

Shraddha Prime Projects'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)
	=	40.868	/	(507.868	+	527.051)
	=	0.04

Shraddha Prime Projects (BOM:531771) 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.

Shraddha Prime Projects Cash-to-Debt Related Terms

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

Shraddha Prime Projects (BOM:531771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shraddha Prime Projects Ltd (BOM:531771) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

A-309, Link Road, Kanara Business Centre Premises CS Limited, Laxmi Nagar, Ghatkopar (East), Mumbai, MH, IND, 400 075

Website

https://www.shraddhaprimeprojects.in

Shraddha Prime Projects Ltd is an India-based company. It is engaged in the Real Estate Business. The company's focus is to create projects spanning all categories from residential buildings, and townships to slum rehabilitation projects. Its projects include Shraddha Peninsula and among others. The company has one business segment namely, Construction of Residential Complex/Dwellings.

Shraddha Prime Projects (BOM:531771) Headlines

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