Archean Chemical Industries (BOM:543657) Cash-to-Debt : 4.19 (As of Mar. 2024)

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What is Archean Chemical Industries 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. Archean Chemical Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 4.19.

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, Archean Chemical Industries could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:543657' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 4.19
Current: 4.19

During the past 5 years, Archean Chemical Industries's highest Cash to Debt Ratio was 4.19. The lowest was 0.05. And the median was 0.08.

BOM:543657's Cash-to-Debt is ranked better than
75.87% of 1550 companies
in the Chemicals industry
Industry Median: 0.72 vs BOM:543657: 4.19

Archean Chemical Industries Cash-to-Debt Historical Data

The historical data trend for Archean Chemical Industries'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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Archean Chemical Industries Cash-to-Debt Chart

Archean Chemical Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.05

0.06

0.08

3.33

4.19

Archean Chemical Industries Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								3.33	N/A	6.26	N/A	4.19

Competitive Comparison of Archean Chemical Industries's Cash-to-Debt

For the Chemicals subindustry, Archean Chemical Industries'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.

Archean Chemical Industries's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Archean Chemical Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Archean Chemical Industries's Cash-to-Debt falls into.

Archean Chemical Industries 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.

Archean Chemical Industries'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)
	=	4099.913	/	(72.376	+	905.849)
	=	4.19

Archean Chemical Industries'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)
	=	4099.913	/	(72.376	+	905.849)
	=	4.19

Archean Chemical Industries (BOM:543657) 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.

Archean Chemical Industries Cash-to-Debt Related Terms

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Archean Chemical Industries (BOM:543657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Archean Chemical Industries Ltd (BOM:543657) » Definitions » Cash-to-Debt

Traded in Other Exchanges

ACI:India

Address

No. 2, North Crescent Road, T Nagar, Chennai, TN, IND, 600 017

Website

https://www.archeanchemicals.com

Archean Chemical Industries Ltd exporter of bromine and industrial salt. It is a specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.

Archean Chemical Industries (BOM:543657) Headlines

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