Suraj Industries (BOM:890206) Cash-to-Debt : 0.40 (As of Sep. 2024)

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What is Suraj 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. Suraj Industries's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.40.

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

BOM:890206' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 1.54
Current: 0.4

During the past 9 years, Suraj Industries's highest Cash to Debt Ratio was 1.54. The lowest was 0.00. And the median was 0.03.

BOM:890206's Cash-to-Debt is ranked worse than
50.16% of 319 companies
in the Retail - Defensive industry
Industry Median: 0.4 vs BOM:890206: 0.40

Suraj Industries Cash-to-Debt Historical Data

The historical data trend for Suraj 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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Suraj Industries Cash-to-Debt Chart

Suraj Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.15

1.54

0.26

Suraj Industries Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															1.11	N/A	0.26	N/A	0.40

Competitive Comparison of Suraj Industries's Cash-to-Debt

For the Food Distribution subindustry, Suraj 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.

Suraj Industries's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Suraj Industries's Cash-to-Debt distribution charts can be found below:

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

Suraj 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.

Suraj 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)
	=	28.402	/	(100.202	+	8.089)
	=	0.26

Suraj Industries'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)
	=	101.863	/	(24.535	+	233.52)
	=	0.39

Suraj Industries (BOM:890206) 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.

Suraj Industries Cash-to-Debt Related Terms

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Suraj Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Suraj Industries Ltd (BOM:890206) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

526211:India

Address

Okhla Industrial Area, Phase-II, F-32/3, Second Floor, New Delhi, IND, 110020

Website

https://www.surajindustries.org

Suraj Industries Ltd is involved in liquor bottling operations for Rajasthan Made Liquor and Country Liquor. The company also trades in edible oils such as palm oil and soybean oil. It has two business segments: Edible Oil Operations and Liquor Operations. The majority of the company's revenue comes from its trading operations. Geographically, all of the company's revenue is generated in India.

Suraj Industries Headlines

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