Bajaj Housing Finance (NSE:BAJAJHFL) Cash-to-Debt : N/A (As of Dec. 2024)

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What is Bajaj Housing Finance 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. Bajaj Housing Finance's cash to debt ratio for the quarter that ended in Dec. 2024 was N/A.

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

NSE:BAJAJHFL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.04
Current: 0.02

During the past 3 years, Bajaj Housing Finance's highest Cash to Debt Ratio was 0.04. The lowest was 0.02. And the median was 0.03.

NSE:BAJAJHFL's Cash-to-Debt is ranked worse than
98.2% of 1504 companies
in the Banks industry
Industry Median: 1.325 vs NSE:BAJAJHFL: 0.02

Bajaj Housing Finance Cash-to-Debt Historical Data

The historical data trend for Bajaj Housing Finance'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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Bajaj Housing Finance Cash-to-Debt Chart

Bajaj Housing Finance Annual Data

Trend

Mar22

Mar23

Mar24

Cash-to-Debt

0.04

0.02

Bajaj Housing Finance Quarterly Data
	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial				N/A	0.02	0.03	0.02	N/A

Competitive Comparison of Bajaj Housing Finance's Cash-to-Debt

For the Mortgage Finance subindustry, Bajaj Housing Finance'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.

Bajaj Housing Finance's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bajaj Housing Finance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bajaj Housing Finance's Cash-to-Debt falls into.

Bajaj Housing Finance 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.

Bajaj Housing Finance'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)
	=	15644.9	/	(163797.1	+	527496.1)
	=	0.02

Bajaj Housing Finance's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Bajaj Housing Finance (NSE:BAJAJHFL) 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.

Bajaj Housing Finance Cash-to-Debt Related Terms

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Bajaj Housing Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bajaj Housing Finance Ltd (NSE:BAJAJHFL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

544252:India

Address

Kalyani Nagar, 5th Floor, B2 Building, Cerebrum IT Park, Kumar City, Pune, MH, IND, 411014

Website

https://www.bajajhousingfinance.in

Bajaj Housing Finance Ltd is a non-deposit-taking Housing Finance Company. The company offers financial solutions tailored to individuals and corporate entities for the purchase and renovation of homes and commercial spaces. The mortgage product suite of the company is comprehensive and comprises home loans, loans against property (LAP), lease rental discounting, and developer financing. The company's emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans.

Bajaj Housing Finance Headlines

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