Kesar India (BOM:543542) Cash-to-Debt : 2.36 (As of Sep. 2024)

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What is Kesar India 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. Kesar India's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.36.

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, Kesar India could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Kesar India's Cash-to-Debt or its related term are showing as below:

BOM:543542' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.51 Max: 4.73
Current: 2.36

During the past 7 years, Kesar India's highest Cash to Debt Ratio was 4.73. The lowest was 0.06. And the median was 1.51.

BOM:543542's Cash-to-Debt is ranked better than
79.67% of 1771 companies
in the Real Estate industry
Industry Median: 0.25 vs BOM:543542: 2.36

Kesar India Cash-to-Debt Historical Data

The historical data trend for Kesar India'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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Kesar India Cash-to-Debt Chart

Kesar India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.06

0.10

1.51

4.11

1.75

Kesar India Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial						4.73	4.11	0.08	1.75	2.36

Competitive Comparison of Kesar India's Cash-to-Debt

For the Real Estate - Development subindustry, Kesar India'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.

Kesar India's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Kesar India 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.

Kesar India'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)
	=	380.036	/	(203.832	+	13.382)
	=	1.75

Kesar India's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	492.497	/	(199.487	+	9.674)
	=	2.35

Kesar India (BOM:543542) 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.

Kesar India Cash-to-Debt Related Terms

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Kesar India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kesar India Ltd (BOM:543542) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Amravati Road, Flat No. F-101 Jagat Plaza, Law Collage Square, Nagpur, MH, IND, 440010

Website

https://www.kesarlands.com

Kesar India Ltd is engaged to carry on the business as builders, property developers, Engineering Contractors, Civil, mechanical and labour contractors, building and erection engineers, consultants, dealers in, importers, exporters, and manufacturers of prefabricated and precast houses, materials, tools, implements, machinery. The company operates in one business segment i.e. real estate activities.

Kesar India Headlines

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