India Tourism Development (BOM:532189) Cash-to-Debt : 491.33 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is India Tourism Development 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. India Tourism Development's cash to debt ratio for the quarter that ended in Mar. 2024 was 491.33.

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, India Tourism Development 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 India Tourism Development's Cash-to-Debt or its related term are showing as below:

BOM:532189' s Cash-to-Debt Range Over the Past 10 Years
Min: 58.28 Med: 295.23 Max: 491.33
Current: 491.33

During the past 13 years, India Tourism Development's highest Cash to Debt Ratio was 491.33. The lowest was 58.28. And the median was 295.23.

BOM:532189's Cash-to-Debt is ranked better than
92.63% of 814 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs BOM:532189: 491.33

India Tourism Development Cash-to-Debt Historical Data

The historical data trend for India Tourism Development'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.

* Premium members only.

India Tourism Development Cash-to-Debt Chart

India Tourism Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

284.90

368.99

351.32

362.05

491.33

India Tourism Development 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															362.05	N/A	473.80	N/A	491.33

Competitive Comparison of India Tourism Development's Cash-to-Debt

For the Lodging subindustry, India Tourism Development'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.

India Tourism Development's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Cash-to-Debt falls into.

India Tourism Development 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.

India Tourism Development'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)
	=	3119.479	/	(6.349	+	0)
	=	491.33

India Tourism Development'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)
	=	3119.479	/	(6.349	+	0)
	=	491.33

India Tourism Development (BOM:532189) 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.

India Tourism Development Cash-to-Debt Related Terms

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

India Tourism Development (BOM:532189) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » India Tourism Development Corp Ltd (BOM:532189) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ITDC:India

Address

7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003

Website

https://www.itdc.co.in

India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.

India Tourism Development (BOM:532189) Headlines

No Headlines