Aditya Birla Sun Life AMC (NSE:ABSLAMC) Cash-to-Debt : 1.36 (As of Sep. 2024)

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What is Aditya Birla Sun Life AMC 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. Aditya Birla Sun Life AMC's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.36.

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, Aditya Birla Sun Life AMC could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Aditya Birla Sun Life AMC's Cash-to-Debt or its related term are showing as below:

NSE:ABSLAMC' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.04 Med: 21.6 Max: 34.93
Current: 1.36

During the past 6 years, Aditya Birla Sun Life AMC's highest Cash to Debt Ratio was 34.93. The lowest was 1.04. And the median was 21.60.

NSE:ABSLAMC's Cash-to-Debt is ranked worse than
58.14% of 1455 companies
in the Asset Management industry
Industry Median: 5.53 vs NSE:ABSLAMC: 1.36

Aditya Birla Sun Life AMC Cash-to-Debt Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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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Aditya Birla Sun Life AMC Cash-to-Debt Chart

Aditya Birla Sun Life AMC Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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18.14

27.10

26.83

34.93

25.06

Aditya Birla Sun Life AMC Quarterly Data
	Mar19	Mar20	Jun20	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														1.04	N/A	25.06	N/A	1.36

Competitive Comparison of Aditya Birla Sun Life AMC's Cash-to-Debt

For the Asset Management subindustry, Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aditya Birla Sun Life AMC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Aditya Birla Sun Life AMC's Cash-to-Debt falls into.

Aditya Birla Sun Life AMC 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.

Aditya Birla Sun Life AMC'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)
	=	19820.6	/	(193.3	+	597.6)
	=	25.06

Aditya Birla Sun Life AMC'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)
	=	1022.9	/	(0	+	750.5)
	=	1.36

Aditya Birla Sun Life AMC (NSE:ABSLAMC) 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.

Aditya Birla Sun Life AMC Cash-to-Debt Related Terms

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Aditya Birla Sun Life AMC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aditya Birla Sun Life AMC Ltd (NSE:ABSLAMC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

543374:India

Address

Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400013

Website

https://mutualfund.adityabirlacapital.com

Aditya Birla Sun Life AMC Ltd principally acts as an investment manager to Aditya Birla Sun Life Mutual Fund and Aditya Birla Real Estate Funds (Category II). It also provides Portfolio Management Services (PMS) and investment advisory services to offshore funds and high-net-worth investors. Geographically, the company derives its key revenue within India and the rest from outside India.

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