Divine Power Energy (NSE:DPEL) Cash-to-Debt : 0.07 (As of Sep. 2024)

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What is Divine Power Energy 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. Divine Power Energy's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.07.

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, Divine Power Energy 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 Divine Power Energy's Cash-to-Debt or its related term are showing as below:

NSE:DPEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.07
Current: 0.07

During the past 4 years, Divine Power Energy's highest Cash to Debt Ratio was 0.07. The lowest was 0.01. And the median was 0.02.

NSE:DPEL's Cash-to-Debt is ranked worse than
93.57% of 3001 companies
in the Industrial Products industry
Industry Median: 1.23 vs NSE:DPEL: 0.07

Divine Power Energy Cash-to-Debt Historical Data

The historical data trend for Divine Power Energy'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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Divine Power Energy Cash-to-Debt Chart

Divine Power Energy Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.04

0.01

Divine Power Energy Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial			0.01	0.01	0.03	0.01	0.07

Competitive Comparison of Divine Power Energy's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Divine Power Energy'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.

Divine Power Energy's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Divine Power Energy's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Divine Power Energy's Cash-to-Debt falls into.

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Divine Power Energy 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.

Divine Power Energy'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)
	=	5.328	/	(536.698	+	41.846)
	=	0.01

Divine Power Energy'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)
	=	34.702	/	(472.475	+	28.549)
	=	0.07

Divine Power Energy (NSE:DPEL) 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.

Divine Power Energy Cash-to-Debt Related Terms

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Divine Power Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Divine Power Energy Ltd (NSE:DPEL) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Surajmal Vihar, 1st Floor, CSC-II, B-Block, Unit No. Offices, New Delhi, IND, 110092

Website

https://www.dpel.in

Divine Power Energy Ltd is a manufacturer of Bare Copper/ Aluminium Wire, Bare Copper/ Aluminium Strip, Winding Copper/ Aluminium Wire, Winding Copper / Aluminium Strip. It sells winding wires to the power distribution companies and transformer manufacturers. The company has a single primary business: Manufacturing and trading of insulated wire, cable wire, cable and other insulated conductors within India.

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