Art Nirman (NSE:ARTNIRMAN) Cash-to-Debt : 0.08 (As of Mar. 2023)

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What is Art Nirman 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. Art Nirman's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.08.

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, Art Nirman couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

NSE:ARTNIRMAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 22.69
Current: 0.08

During the past 12 years, Art Nirman's highest Cash to Debt Ratio was 22.69. The lowest was 0.02. And the median was 0.08.

NSE:ARTNIRMAN's Cash-to-Debt is ranked worse than
75.07% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs NSE:ARTNIRMAN: 0.08

Art Nirman Cash-to-Debt Historical Data

The historical data trend for Art Nirman'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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Art Nirman Cash-to-Debt Chart

Art Nirman Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.04

0.05

0.22

22.69

0.08

Art Nirman Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial													0.22	0.46	22.69	0.12	0.08

Competitive Comparison of Art Nirman's Cash-to-Debt

For the Real Estate - Development subindustry, Art Nirman'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.

Art Nirman's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Art Nirman's Cash-to-Debt distribution charts can be found below:

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

Art Nirman 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.

Art Nirman's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	1.964	/	(0.978	+	24.284)
	=	0.08

Art Nirman's Cash to Debt Ratio for the quarter that ended in Mar. 2023 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)
	=	1.964	/	(0.978	+	24.284)
	=	0.08

Art Nirman (NSE:ARTNIRMAN) 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.

Art Nirman Cash-to-Debt Related Terms

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Art Nirman (NSE:ARTNIRMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Art Nirman Ltd (NSE:ARTNIRMAN) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Science City Main Road, 410, JBR Arcade, Sola, Ahmedabad, GJ, IND, 380060

Website

https://www.artnirman.com

Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.

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