Magnum Ventures (BOM:532896) Cash-to-Debt : 0.24 (As of Mar. 2024)

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What is Magnum Ventures 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. Magnum Ventures's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.24.

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, Magnum Ventures 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 Magnum Ventures's Cash-to-Debt or its related term are showing as below:

BOM:532896' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.24
Current: 0.24

During the past 13 years, Magnum Ventures's highest Cash to Debt Ratio was 0.24. The lowest was 0.01. And the median was 0.03.

BOM:532896's Cash-to-Debt is ranked worse than
56.69% of 284 companies
in the Forest Products industry
Industry Median: 0.325 vs BOM:532896: 0.24

Magnum Ventures Cash-to-Debt Historical Data

The historical data trend for Magnum Ventures'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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Magnum Ventures Cash-to-Debt Chart

Magnum Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.03

0.02

0.24

Magnum Ventures 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															0.02	0.04	0.05	0.03	0.24

Competitive Comparison of Magnum Ventures's Cash-to-Debt

For the Paper & Paper Products subindustry, Magnum Ventures'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.

Magnum Ventures's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Magnum Ventures's Cash-to-Debt distribution charts can be found below:

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

Magnum Ventures 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.

Magnum Ventures'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)
	=	476.798	/	(120.004	+	1866.027)
	=	0.24

Magnum Ventures'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)
	=	476.798	/	(120.004	+	1866.027)
	=	0.24

Magnum Ventures (BOM:532896) 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.

Magnum Ventures Cash-to-Debt Related Terms

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Magnum Ventures (BOM:532896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Magnum Ventures Ltd (BOM:532896) » Definitions » Cash-to-Debt

Traded in Other Exchanges

MAGNUM:India

Address

18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad, UP, IND, 201010

Website

http://www.magnumventures.in

Magnum Ventures Ltd operates in the paper industry and hotel industry. Its principal activities comprise Paper Board and Newsprint Manufacturing, and Hotel. The firm operates in two segments namely Paper Division and Hotel Division. Its manufacturing activities cover printing and writing papers, duplex boards, wrapping. Xerox paper and packing paper. Its paperboard is used in packaging, and graphic printing, such as book and magazine covers or postcards. Its paperboard is also used in fine arts for creating sculptures. The company's hotel division segment operates under the Country Inn and Suites brand. A majority of the firm's revenue gets dominated by the Paper division.

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