Ceigall India (BOM:544223) Cash-to-Debt : 0.63 (As of Sep. 2024)

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What is Ceigall 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. Ceigall India's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.63.

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, Ceigall India couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

BOM:544223' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 0.59 Max: 0.83
Current: 0.63

During the past 3 years, Ceigall India's highest Cash to Debt Ratio was 0.83. The lowest was 0.35. And the median was 0.59.

BOM:544223's Cash-to-Debt is ranked better than
50.81% of 1718 companies
in the Construction industry
Industry Median: 0.61 vs BOM:544223: 0.63

Ceigall India Cash-to-Debt Historical Data

The historical data trend for Ceigall 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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Ceigall India Cash-to-Debt Chart

Ceigall India Annual Data

Trend

Mar22

Mar23

Mar24

Cash-to-Debt

0.83

0.55

0.35

Ceigall India Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	0.83	0.55	N/A	0.35	0.63

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

For the Engineering & Construction subindustry, Ceigall 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.

Ceigall India's Cash-to-Debt Distribution in the Construction Industry

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

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

Ceigall 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.

Ceigall 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)
	=	3689.26	/	(4146.02	+	6516.41)
	=	0.35

Ceigall 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)
	=	6299.4	/	(3101.13	+	6846.72)
	=	0.63

Ceigall India (BOM:544223) 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.

Ceigall India Cash-to-Debt Related Terms

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Ceigall India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ceigall India Ltd (BOM:544223) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

CEIGALL:India

Address

National Highway-48, JMK Towers, 2nd Floor, Kapashera, Delhi, IND, 110 037

Website

https://www.ceigall.com

Ceigall India Ltd is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways. Currently, The company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways.

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