Amanaya Ventures (BOM:543804) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Amanaya Ventures 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. Amanaya Ventures's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

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

(1) 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.

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

BOM:543804' s Cash-to-Debt Range Over the Past 10 Years
Min: 14.38 Med: 63.48 Max: No Debt
Current: 114.38

During the past 5 years, Amanaya Ventures's highest Cash to Debt Ratio was No Debt. The lowest was 14.38. And the median was 63.48.

BOM:543804's Cash-to-Debt is ranked better than
59.38% of 2585 companies
in the Metals & Mining industry
Industry Median: 20.95 vs BOM:543804: 114.38

Amanaya Ventures Cash-to-Debt Historical Data

The historical data trend for Amanaya Ventures'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.

* Premium members only.

Amanaya Ventures Cash-to-Debt Chart

Amanaya Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

No Debt

14.38

43.08

63.48

Amanaya Ventures Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	43.08	27.81	63.48	No Debt

Competitive Comparison of Amanaya Ventures's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Amanaya Ventures'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.

Amanaya Ventures's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Amanaya Ventures's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Amanaya Ventures 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.

Amanaya Ventures'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)
	=	7.491	/	(0.026	+	0.092)
	=	63.48

Amanaya Ventures's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Amanaya Ventures had no debt ⁽¹⁾.

Amanaya Ventures (BOM:543804) 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.

Amanaya Ventures Cash-to-Debt Related Terms

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

Amanaya Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amanaya Ventures Ltd (BOM:543804) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Court Road, 69-70, First Floor, Deep Complex, Amritsar, PB, IND, 143001

Website

https://www.amanaya.in

Amanaya Ventures Ltd is engaged in promoting spot buying and selling of Gold and other precious metals across India. It is engaged in the business of trading gold, silver bars, and jewellery. The company has developed gold and silver bars under the brand name Aurel with different denominations and sizes which can be bought through its online platform, as well as through offline mode. It operates through the following segments; Commodities and Securities which derives key revenue, and Corporate Advisory Services.

Amanaya Ventures Headlines

No Headlines

Amanaya Ventures (BOM:543804) Cash-to-Debt : No Debt (1) (As of Sep. 2024)