Godawari Power & Ispat (BOM:532734) Cash-to-Debt : 22.75 (As of Sep. 2024)

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What is Godawari Power & Ispat 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. Godawari Power & Ispat's cash to debt ratio for the quarter that ended in Sep. 2024 was 22.75.

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, Godawari Power & Ispat 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 Godawari Power & Ispat's Cash-to-Debt or its related term are showing as below:

BOM:532734' s Cash-to-Debt Range Over the Past 10 Years
Min: -0.06 Med: 0.03 Max: 22.75
Current: 22.75

During the past 13 years, Godawari Power & Ispat's highest Cash to Debt Ratio was 22.75. The lowest was -0.06. And the median was 0.03.

BOM:532734's Cash-to-Debt is ranked better than
87.82% of 624 companies
in the Steel industry
Industry Median: 0.38 vs BOM:532734: 22.75

Godawari Power & Ispat Cash-to-Debt Historical Data

The historical data trend for Godawari Power & Ispat'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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Godawari Power & Ispat Cash-to-Debt Chart

Godawari Power & Ispat Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.01

-0.06

1.93

10.59

Godawari Power & Ispat 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															7.90	N/A	10.59	N/A	22.75

Competitive Comparison of Godawari Power & Ispat's Cash-to-Debt

For the Steel subindustry, Godawari Power & Ispat'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.

Godawari Power & Ispat's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Godawari Power & Ispat's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Godawari Power & Ispat's Cash-to-Debt falls into.

Godawari Power & Ispat 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.

Godawari Power & Ispat'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)
	=	5467.491	/	(424.285	+	91.985)
	=	10.59

Godawari Power & Ispat'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)
	=	7721.6	/	(232.6	+	106.8)
	=	22.75

Godawari Power & Ispat (BOM:532734) 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.

Godawari Power & Ispat Cash-to-Debt Related Terms

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

Godawari Power & Ispat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Godawari Power & Ispat Ltd (BOM:532734) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GPIL:India

Address

Hira Arcade, First Floor, Near New Bus Stand, Pandri, Raipur, CT, IND, 492004

Website

http://www.godawaripowerispat.com

Godawari Power & Ispat Ltd is an India-based fully integrated steel company with a presence across the steel value chain extending from iron ore mining to iron ore pellets and value-added steel products. The company has a single primary business segment Iron and Steel which includes captive power, as the captive power generated by the company is used for the production process of iron and steel. The group operates in India. The products offered by the group are Pellets, Sponge iron, Iron and steel billets, Wire rods, Hard black wires, Ferro-alloys, and others.

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