MRP Agro (BOM:543262) Cash-to-Debt : 6.07 (As of Sep. 2023)

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What is MRP Agro 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. MRP Agro's cash to debt ratio for the quarter that ended in Sep. 2023 was 6.07.

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

BOM:543262' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.11 Med: 96.71 Max: No Debt
Current: 6.07

During the past 4 years, MRP Agro's highest Cash to Debt Ratio was No Debt. The lowest was 1.11. And the median was 96.71.

BOM:543262's Cash-to-Debt is ranked better than
86.36% of 308 companies
in the Retail - Defensive industry
Industry Median: 0.46 vs BOM:543262: 6.07

MRP Agro Cash-to-Debt Historical Data

The historical data trend for MRP Agro'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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MRP Agro Cash-to-Debt Chart

MRP Agro Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

1.11

1,089.67

96.71

1.38

MRP Agro Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			1,317.91	96.71	No Debt	1.38	6.07

Competitive Comparison of MRP Agro's Cash-to-Debt

For the Food Distribution subindustry, MRP Agro'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.

MRP Agro's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MRP Agro's Cash-to-Debt distribution charts can be found below:

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

MRP Agro 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.

MRP Agro'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)
	=	5.541	/	(4.01	+	0)
	=	1.38

MRP Agro'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)
	=	24.974	/	(4.112	+	0)
	=	6.07

MRP Agro (BOM:543262) 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.

MRP Agro Cash-to-Debt Related Terms

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MRP Agro (BOM:543262) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MRP Agro Ltd (BOM:543262) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Civil Line Road, House No.100, First Floor, Ward No.23, Infront of Thane Ajak, Tikamgarh, MP, IND, 472001

Website

http://www.mrpagro.com

MRP Agro Ltd is engaged in trading and import and export of food grains, fly-ash, and coal products.

MRP Agro (BOM:543262) Headlines

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