Bondada Engineering (BOM:543971) Cash-to-Debt : 0.81 (As of Mar. 2024)

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What is Bondada Engineering 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. Bondada Engineering's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.81.

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

BOM:543971' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.81
Current: 0.81

During the past 4 years, Bondada Engineering's highest Cash to Debt Ratio was 0.81. The lowest was 0.02. And the median was 0.06.

BOM:543971's Cash-to-Debt is ranked better than
55.32% of 1681 companies
in the Construction industry
Industry Median: 0.63 vs BOM:543971: 0.81

Bondada Engineering Cash-to-Debt Historical Data

The historical data trend for Bondada Engineering'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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Bondada Engineering Cash-to-Debt Chart

Bondada Engineering Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.10

0.03

0.02

0.81

Bondada Engineering Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			0.03	N/A	0.02	0.77	0.81

Competitive Comparison of Bondada Engineering's Cash-to-Debt

For the Engineering & Construction subindustry, Bondada Engineering'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.

Bondada Engineering's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bondada Engineering's Cash-to-Debt distribution charts can be found below:

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

Bondada Engineering 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.

Bondada Engineering'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)
	=	506.004	/	(474.908	+	150.167)
	=	0.81

Bondada Engineering'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)
	=	506.004	/	(474.908	+	150.167)
	=	0.81

Bondada Engineering (BOM:543971) 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.

Bondada Engineering Cash-to-Debt Related Terms

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Bondada Engineering (BOM:543971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bondada Engineering Ltd (BOM:543971) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 11 & 15, 3rd Floor, Surya PPR Towers, Ranga Reddy, Hyderabad, TG, IND, 500062

Website

https://www.bondada.net

Bondada Engineering Ltd is an ISO 9001:2015 certified integrated infrastructure company engaged in the business of providing engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to pan India customers operating in the telecom and solar energy industry. The company provides passive telecom infrastructure services which include turnkey services for cell site construction, erection, operation, and maintenance of telecom towers with civil, electrical, and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India. The firm generates the majority of its revenue from EPC.

Bondada Engineering (BOM:543971) Headlines

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