Kolte-Patil Developers (BOM:532924) Cash-to-Debt : 0.45 (As of Mar. 2024)

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What is Kolte-Patil Developers 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. Kolte-Patil Developers's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.45.

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, Kolte-Patil Developers 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 Kolte-Patil Developers's Cash-to-Debt or its related term are showing as below:

BOM:532924' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.13 Max: 0.66
Current: 0.45

During the past 13 years, Kolte-Patil Developers's highest Cash to Debt Ratio was 0.66. The lowest was 0.06. And the median was 0.13.

BOM:532924's Cash-to-Debt is ranked better than
62.45% of 1787 companies
in the Real Estate industry
Industry Median: 0.26 vs BOM:532924: 0.45

Kolte-Patil Developers Cash-to-Debt Historical Data

The historical data trend for Kolte-Patil Developers'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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Kolte-Patil Developers Cash-to-Debt Chart

Kolte-Patil Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.11

0.17

0.30

0.66

0.45

Kolte-Patil Developers 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															0.66	N/A	0.39	N/A	0.45

Competitive Comparison of Kolte-Patil Developers's Cash-to-Debt

For the Real Estate - Development subindustry, Kolte-Patil Developers'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.

Kolte-Patil Developers's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kolte-Patil Developers's Cash-to-Debt distribution charts can be found below:

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

Kolte-Patil Developers 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.

Kolte-Patil Developers'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)
	=	5073.7	/	(8667.3	+	2500.4)
	=	0.45

Kolte-Patil Developers'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)
	=	5073.7	/	(8667.3	+	2500.4)
	=	0.45

Kolte-Patil Developers (BOM:532924) 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.

Kolte-Patil Developers Cash-to-Debt Related Terms

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Kolte-Patil Developers (BOM:532924) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kolte-Patil Developers Ltd (BOM:532924) » Definitions » Cash-to-Debt

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KOLTEPATIL:India

Address

Dhole Patil Road, 2nd Floor, City Point, Pune, MH, IND, 411001

Website

https://www.koltepatil.com

Kolte-Patil Developers Ltd is a real estate company. It is engaged in the construction of residential, commercial, IT Parks, and integrated townships. The company is also engaged in renting immovable properties and providing project management services for managing and developing real estate projects. Some of its projects include Life Republic, Ivy Estate, Green Olive, Tuskan Parkland, etc. The company operates in one geographical segment which is within India.

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