Deccan Health Care (BOM:542248) Cash-to-Debt : 1.20 (As of Sep. 2023)

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What is Deccan Health Care 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. Deccan Health Care's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.20.

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, Deccan Health Care could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Deccan Health Care's Cash-to-Debt or its related term are showing as below:

BOM:542248' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 2.13 Max: 6.65
Current: 1.2

During the past 8 years, Deccan Health Care's highest Cash to Debt Ratio was 6.65. The lowest was 0.01. And the median was 2.13.

BOM:542248's Cash-to-Debt is ranked better than
53.48% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 0.93 vs BOM:542248: 1.20

Deccan Health Care Cash-to-Debt Historical Data

The historical data trend for Deccan Health Care'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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Deccan Health Care Cash-to-Debt Chart

Deccan Health Care Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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3.18

2.66

3.11

2.13

1.21

Deccan Health Care Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial								2.71	2.13	6.65	1.21	1.20

Competitive Comparison of Deccan Health Care's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Deccan Health Care'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.

Deccan Health Care's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Deccan Health Care's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Deccan Health Care's Cash-to-Debt falls into.

Deccan Health Care 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.

Deccan Health Care's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	14.336	/	(0	+	11.88)
	=	1.21

Deccan Health Care's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	20.013	/	(2.274	+	14.422)
	=	1.20

Deccan Health Care (BOM:542248) 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.

Deccan Health Care Cash-to-Debt Related Terms

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

Deccan Health Care (BOM:542248) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Deccan Health Care Ltd (BOM:542248) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

H.No. 6-3-348/4, Dwarakapuri Colony, Punjagutta, Hyderabad, TG, IND, 500082

Website

https://www.deccanhealthcare.co.in

Deccan Health Care Ltd is into developing, manufacturing, and marketing a broad range of healthcare products including nutraceutical, cosmeceutical, and ayurveda products ( Fast Moving Consumer Health Products). Its products are Nutraceutical Food Products and other supplements and medicines. The company operates in India as well as exports its products to other countries and the maximum of its revenue comes from India.

Deccan Health Care (BOM:542248) Headlines

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