Bharat Heavy Electricals (Bharat Heavy Electricals) Cash-to-Debt : 0.72 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Bharat Heavy Electricals 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. Bharat Heavy Electricals's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.72.

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, Bharat Heavy Electricals 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 Bharat Heavy Electricals's Cash-to-Debt or its related term are showing as below:

BRHTY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.72 Med: 2.18 Max: 98.77
Current: 0.72

During the past 13 years, Bharat Heavy Electricals's highest Cash to Debt Ratio was 98.77. The lowest was 0.72. And the median was 2.18.

BRHTY's Cash-to-Debt is ranked worse than
60.33% of 3005 companies
in the Industrial Products industry
Industry Median: 1.22 vs BRHTY: 0.72

Bharat Heavy Electricals Cash-to-Debt Historical Data

The historical data trend for Bharat Heavy Electricals'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.

Bharat Heavy Electricals Cash-to-Debt Chart

Bharat Heavy Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

1.26

1.35

1.48

1.27

0.72

Bharat Heavy Electricals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.27	N/A	0.69	N/A	0.72

Competitive Comparison of Bharat Heavy Electricals's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Bharat Heavy Electricals'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.

Bharat Heavy Electricals's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bharat Heavy Electricals's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bharat Heavy Electricals's Cash-to-Debt falls into.

Bharat Heavy Electricals 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.

Bharat Heavy Electricals'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)
	=	770.559	/	(1063.932	+	2.837)
	=	0.72

Bharat Heavy Electricals'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)
	=	770.559	/	(1063.932	+	2.837)
	=	0.72

Bharat Heavy Electricals (GREY:BRHTY) 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.

Bharat Heavy Electricals Cash-to-Debt Related Terms

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

Bharat Heavy Electricals (Bharat Heavy Electricals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bharat Heavy Electricals Ltd (GREY:BRHTY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BHEL:India 500103:India

Address

BHEL House, Siri Fort, New Delhi, IND, 110 049

Website

https://www.bhel.com

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing companies in India. Its products and services serve power, transportation, energy, oil and gas, defence, and other industrial markets. The company has three business segments: Power (which contributes the majority of total revenue), Industry sector and International Operations. Bharat's product portfolio consists of heavy industrial equipment and components, including turbines, valves, pumps, boilers, and insulators. In addition, the company offers aftersales service to customers for maintenance and repairs and can help synchronize power plants. The majority of total revenue is derived from India, but the company has a footprint in many different regions.