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Rajkot Investment Trust (BOM:539495) Cash-to-Debt : 0.17 (As of Mar. 2024)


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What is Rajkot Investment Trust 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. Rajkot Investment Trust's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.17.

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, Rajkot Investment Trust 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 Rajkot Investment Trust's Cash-to-Debt or its related term are showing as below:

BOM:539495' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 1.63
Current: 0.17

During the past 11 years, Rajkot Investment Trust's highest Cash to Debt Ratio was 1.63. The lowest was 0.00. And the median was 0.03.

BOM:539495's Cash-to-Debt is ranked worse than
56.92% of 506 companies
in the Credit Services industry
Industry Median: 0.23 vs BOM:539495: 0.17

Rajkot Investment Trust Cash-to-Debt Historical Data

The historical data trend for Rajkot Investment Trust'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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Rajkot Investment Trust Cash-to-Debt Chart

Rajkot Investment Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.63 0.09 0.03 0.17

Rajkot Investment Trust 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 N/A 0.02 N/A 0.17

Competitive Comparison of Rajkot Investment Trust's Cash-to-Debt

For the Credit Services subindustry, Rajkot Investment Trust'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.


Rajkot Investment Trust's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Rajkot Investment Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rajkot Investment Trust's Cash-to-Debt falls into.



Rajkot Investment Trust 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.

Rajkot Investment Trust's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Rajkot Investment Trust's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


Rajkot Investment Trust  (BOM:539495) 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.


Rajkot Investment Trust Cash-to-Debt Related Terms

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Rajkot Investment Trust (BOM:539495) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, M-23, Super Tex Tower, Opposite Kinney Talkies, Surat, GJ, IND
Rajkot Investment Trust Ltd is engaged in the business of lending. The company derives its revenue from interest income.

Rajkot Investment Trust (BOM:539495) Headlines

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