Paradeep Phosphates (BOM:543530) Cash-to-Debt : 0.16 (As of Mar. 2024)

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What is Paradeep Phosphates 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. Paradeep Phosphates's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.16.

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

BOM:543530' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.37
Current: 0.16

During the past 6 years, Paradeep Phosphates's highest Cash to Debt Ratio was 0.37. The lowest was 0.00. And the median was 0.13.

BOM:543530's Cash-to-Debt is ranked worse than
78.69% of 244 companies
in the Agriculture industry
Industry Median: 0.625 vs BOM:543530: 0.16

Paradeep Phosphates Cash-to-Debt Historical Data

The historical data trend for Paradeep Phosphates'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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Paradeep Phosphates Cash-to-Debt Chart

Paradeep Phosphates Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.17

0.37

0.10

0.16

Paradeep Phosphates Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial										0.10	N/A	0.16	N/A	0.16

Competitive Comparison of Paradeep Phosphates's Cash-to-Debt

For the Agricultural Inputs subindustry, Paradeep Phosphates'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.

Paradeep Phosphates's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Paradeep Phosphates's Cash-to-Debt distribution charts can be found below:

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

Paradeep Phosphates 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.

Paradeep Phosphates'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)
	=	6222.2	/	(33199.8	+	6937.3)
	=	0.16

Paradeep Phosphates'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)
	=	6222.2	/	(33199.8	+	6937.3)
	=	0.16

Paradeep Phosphates (BOM:543530) 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.

Paradeep Phosphates Cash-to-Debt Related Terms

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Paradeep Phosphates (BOM:543530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Paradeep Phosphates Ltd (BOM:543530) » Definitions » Cash-to-Debt

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PARADEEP:India

Address

Off Cubbon Road, 3rd Floor, Adventz Centre 28 Union Street, Bengaluru, KA, IND, 560 001

Website

https://www.paradeepphosphates.com

Paradeep Phosphates Ltd is engaged in the manufacturing of Di-Ammonium Phosphate, Complex Fertilizers of NPK grades, and Zypmite. The company is also involved in the trading of fertilizers, ammonia, neutralized phospo gypsum, micronutrients, and other materials.

Paradeep Phosphates (BOM:543530) Headlines

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