Suratwwala Business Group (BOM:543218) Cash-to-Debt : 0.21 (As of Mar. 2024)

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What is Suratwwala Business Group 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. Suratwwala Business Group's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.21.

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, Suratwwala Business Group 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 Suratwwala Business Group's Cash-to-Debt or its related term are showing as below:

BOM:543218' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.21
Current: 0.21

During the past 7 years, Suratwwala Business Group's highest Cash to Debt Ratio was 0.21. The lowest was 0.02. And the median was 0.10.

BOM:543218's Cash-to-Debt is ranked worse than
54.32% of 1795 companies
in the Real Estate industry
Industry Median: 0.25 vs BOM:543218: 0.21

Suratwwala Business Group Cash-to-Debt Historical Data

The historical data trend for Suratwwala Business Group'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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Suratwwala Business Group Cash-to-Debt Chart

Suratwwala Business Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.05

0.14

0.02

0.05

0.21

Suratwwala Business Group Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial											0.05	N/A	0.19	N/A	0.21

Competitive Comparison of Suratwwala Business Group's Cash-to-Debt

For the Real Estate - Development subindustry, Suratwwala Business Group'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.

Suratwwala Business Group's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suratwwala Business Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Suratwwala Business Group's Cash-to-Debt falls into.

Suratwwala Business Group 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.

Suratwwala Business Group'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)
	=	77.781	/	(326.187	+	51.351)
	=	0.21

Suratwwala Business Group'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)
	=	77.781	/	(326.187	+	51.351)
	=	0.21

Suratwwala Business Group (BOM:543218) 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.

Suratwwala Business Group Cash-to-Debt Related Terms

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Suratwwala Business Group (BOM:543218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Suratwwala Business Group Ltd (BOM:543218) » Definitions » Cash-to-Debt

Traded in Other Exchanges

SBGLP:India

Address

Off Karve Road, Erandwane, S. NO. 4/38, Sumangal Building Office No. 2, 1st Floor, Sahakar Colony behind SBI, Pune, MH, IND, 411004

Website

https://www.suratwwala.co.in

Suratwwala Business Group Ltd is an integrated real estate development company focusing on development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties and the maintenance of the properties developed by the company.

Suratwwala Business Group (BOM:543218) Headlines

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