Bank of Maharashtra (BOM:532525) Cash-to-Debt : 3.41 (As of Mar. 2024)

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What is Bank of Maharashtra 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. Bank of Maharashtra's cash to debt ratio for the quarter that ended in Mar. 2024 was 3.41.

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, Bank of Maharashtra 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 Bank of Maharashtra's Cash-to-Debt or its related term are showing as below:

BOM:532525' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.88 Med: 2.54 Max: 5.24
Current: 3.41

During the past 13 years, Bank of Maharashtra's highest Cash to Debt Ratio was 5.24. The lowest was 0.88. And the median was 2.54.

BOM:532525's Cash-to-Debt is ranked better than
74.69% of 1442 companies
in the Banks industry
Industry Median: 1.285 vs BOM:532525: 3.41

Bank of Maharashtra Cash-to-Debt Historical Data

The historical data trend for Bank of Maharashtra'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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Bank of Maharashtra Cash-to-Debt Chart

Bank of Maharashtra Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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5.24

3.18

2.51

1.71

3.41

Bank of Maharashtra 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															1.71	3.29	1.71	2.56	3.41

Competitive Comparison of Bank of Maharashtra's Cash-to-Debt

For the Banks - Regional subindustry, Bank of Maharashtra'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.

Bank of Maharashtra's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Maharashtra's Cash-to-Debt distribution charts can be found below:

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

Bank of Maharashtra Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Bank of Maharashtra's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	303117.049	/	(0	+	88983.351)
	=	3.41

Bank of Maharashtra's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	303117.049	/	(0	+	88983.351)
	=	3.41

Bank of Maharashtra (BOM:532525) 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.

Bank of Maharashtra Cash-to-Debt Related Terms

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Bank of Maharashtra (BOM:532525) Business Description

Industry

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MAHABANK:India

Address

Lokmangal, 1501, Shivaji Nagar, Pune, MH, IND, 411005

Website

https://www.bankofmaharashtra.in

Bank of Maharashtra is an Indian banking corporation. The bank provides various deposit schemes such as saving account, current account, term deposit, and capital gain accounts. It also provides credit facilities such as term loans, overdrafts, letters of credit, guarantees, and other credit facilities. The bank organizes its business in four segments namely Treasury; Corporate/Wholesale banking; Retail banking; and Other banking operations. Its Treasury segments include investment, balances with banks outside India, interest accrued on investments; corporate banking segment include all advances to trusts, partnership firms, companies, and statutory bodies; retail banking include exposure to the individuals and small business. The bank principally generates revenue within India.

Bank of Maharashtra (BOM:532525) Headlines

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