Ceranitaryware (BOM:532443) Cash-to-Debt : 10.12 (As of Sep. 2024)

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What is Ceranitaryware 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. Ceranitaryware's cash to debt ratio for the quarter that ended in Sep. 2024 was 10.12.

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, Ceranitaryware could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BOM:532443' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.87 Med: 3.83 Max: 18.06
Current: 10.12

During the past 13 years, Ceranitaryware's highest Cash to Debt Ratio was 18.06. The lowest was 0.87. And the median was 3.83.

BOM:532443's Cash-to-Debt is ranked better than
84.94% of 1720 companies
in the Construction industry
Industry Median: 0.62 vs BOM:532443: 10.12

Ceranitaryware Cash-to-Debt Historical Data

The historical data trend for Ceranitaryware'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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Ceranitaryware Cash-to-Debt Chart

Ceranitaryware Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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2.10

5.59

11.97

12.36

18.06

Ceranitaryware Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															15.33	N/A	18.06	N/A	10.12

Competitive Comparison of Ceranitaryware's Cash-to-Debt

For the Building Products & Equipment subindustry, Ceranitaryware'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.

Ceranitaryware's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ceranitaryware's Cash-to-Debt distribution charts can be found below:

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

Ceranitaryware 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.

Ceranitaryware'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)
	=	8028.772	/	(250.504	+	194.167)
	=	18.06

Ceranitaryware's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	6484.68	/	(201.796	+	439.013)
	=	10.12

Ceranitaryware (BOM:532443) 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.

Ceranitaryware Cash-to-Debt Related Terms

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Ceranitaryware Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cera Sanitaryware Ltd (BOM:532443) » Definitions » Cash-to-Debt

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CERA:India

Address

Ambli BRTS Road, ISKCON Cross Roads, 7th and 8th Floor, B Wing, Privilon, Ahmedabad, GJ, IND, 380 059

Website

https://www.cera-india.com

Cera Sanitaryware Ltd manufactures, markets, and distributes building products. Some of its products include wash basins, flushing systems, bath accessories, quarter turn, overhead showers, health faucets, bathroom allied products, bathroom accessories, mirrors, and others. Geographically the company has operations only in India.

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