Sona BLW Precision Forgings (BOM:543300) Cash-to-Debt : 0.75 (As of Mar. 2024)

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What is Sona BLW Precision Forgings 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. Sona BLW Precision Forgings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.75.

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, Sona BLW Precision Forgings 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 Sona BLW Precision Forgings's Cash-to-Debt or its related term are showing as below:

BOM:543300' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.52 Max: 1.01
Current: 0.75

During the past 6 years, Sona BLW Precision Forgings's highest Cash to Debt Ratio was 1.01. The lowest was 0.07. And the median was 0.52.

BOM:543300's Cash-to-Debt is ranked better than
55.73% of 1240 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs BOM:543300: 0.75

Sona BLW Precision Forgings Cash-to-Debt Historical Data

The historical data trend for Sona BLW Precision Forgings'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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Sona BLW Precision Forgings Cash-to-Debt Chart

Sona BLW Precision Forgings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.46

0.07

0.56

1.01

0.75

Sona BLW Precision Forgings Quarterly Data
	Mar19	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													1.01	N/A	0.63	N/A	0.75

Competitive Comparison of Sona BLW Precision Forgings's Cash-to-Debt

For the Auto Parts subindustry, Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sona BLW Precision Forgings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sona BLW Precision Forgings's Cash-to-Debt falls into.

Sona BLW Precision Forgings 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.

Sona BLW Precision Forgings'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)
	=	3083.57	/	(2137.55	+	1983.78)
	=	0.75

Sona BLW Precision Forgings'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)
	=	3083.57	/	(2137.55	+	1983.78)
	=	0.75

Sona BLW Precision Forgings (BOM:543300) 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.

Sona BLW Precision Forgings Cash-to-Debt Related Terms

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

Sona BLW Precision Forgings (BOM:543300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sona BLW Precision Forgings Ltd (BOM:543300) » Definitions » Cash-to-Debt

Traded in Other Exchanges

SONACOMS:India

Address

Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004

Website

https://www.sonacomstar.com

Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

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