Vasundhara Rasayans (BOM:538634) Cash-to-Debt : 5.51 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Vasundhara Rasayans 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. Vasundhara Rasayans's cash to debt ratio for the quarter that ended in Mar. 2024 was 5.51.

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

BOM:538634' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 2.64 Max: No Debt
Current: 5.51

During the past 12 years, Vasundhara Rasayans's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 2.64.

BOM:538634's Cash-to-Debt is ranked better than
78% of 1550 companies
in the Chemicals industry
Industry Median: 0.74 vs BOM:538634: 5.51

Vasundhara Rasayans Cash-to-Debt Historical Data

The historical data trend for Vasundhara Rasayans'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.

* Premium members only.

Vasundhara Rasayans Cash-to-Debt Chart

Vasundhara Rasayans Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

8.47

1.93

5.51

Vasundhara Rasayans 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															1.93	N/A	11.94	N/A	5.51

Competitive Comparison of Vasundhara Rasayans's Cash-to-Debt

For the Chemicals subindustry, Vasundhara Rasayans'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.

Vasundhara Rasayans's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vasundhara Rasayans's Cash-to-Debt distribution charts can be found below:

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

Vasundhara Rasayans 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.

Vasundhara Rasayans'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)
	=	107.217	/	(11.571	+	7.894)
	=	5.51

Vasundhara Rasayans'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)
	=	107.217	/	(11.571	+	7.894)
	=	5.51

Vasundhara Rasayans (BOM:538634) 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.

Vasundhara Rasayans Cash-to-Debt Related Terms

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

Vasundhara Rasayans (BOM:538634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vasundhara Rasayans Ltd (BOM:538634) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Shed no. 42, Phase II, IDA, Mallapur, Hyderabad, TG, IND, 500076

Website

https://www.vrlindia.in

Vasundhara Rasayans Ltd is the manufacturer and exporter of antacids therapeutic category of active pharm ingredients (API). The company operates through two segments namely Export and Domestic. Its products consist of antacid API which includes dried aluminum hydroxide gel, magaldrate, aluminum hydroxide pate, and many more. The company's products are offered in various forms like paste, powder, and micronized grade powder. Additionally, it caters as well as provides technical backup support to many industries including pharmaceutical, food, and chemical. Geographically company generates the majority of its revenue from the domestic market.

Vasundhara Rasayans (BOM:538634) Headlines

No Headlines