Eighty Jewellers (BOM:543518) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Eighty Jewellers 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. Eighty Jewellers's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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

BOM:543518' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.1
Current: 0.02

During the past 6 years, Eighty Jewellers's highest Cash to Debt Ratio was 0.10. The lowest was 0.01. And the median was 0.02.

BOM:543518's Cash-to-Debt is ranked worse than
96.47% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs BOM:543518: 0.02

Eighty Jewellers Cash-to-Debt Historical Data

The historical data trend for Eighty Jewellers'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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Eighty Jewellers Cash-to-Debt Chart

Eighty Jewellers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.01

0.10

0.02

0.03

0.02

Eighty Jewellers Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial				0.02	0.07	0.03	0.05	0.02

Competitive Comparison of Eighty Jewellers's Cash-to-Debt

For the Luxury Goods subindustry, Eighty Jewellers'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.

Eighty Jewellers's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Eighty Jewellers's Cash-to-Debt distribution charts can be found below:

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

Eighty Jewellers 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.

Eighty Jewellers'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)
	=	1.596	/	(67.661	+	0)
	=	0.02

Eighty Jewellers'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)
	=	1.596	/	(67.661	+	0)
	=	0.02

Eighty Jewellers (BOM:543518) 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.

Eighty Jewellers Cash-to-Debt Related Terms

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Eighty Jewellers (BOM:543518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Eighty Jewellers Ltd (BOM:543518) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001

Website

https://www.eightyjewels.in

Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers (BOM:543518) Headlines

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