Gujarat Mineral DevelopmentNSE:GMDCLTD -1.96%64 Cash-to-Debt is 6.40 as of Mar. 2026, which is 97% below its 10-year median of 234.02. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 64/100 and a GF Value™ of ₹371.28 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 182 Other Energy Sources companies, Gujarat Mineral Development ranks better than 63.19% on this metric.
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. Gujarat Mineral Development's cash to debt ratio for the quarter that ended in Mar. 2026 was 6.40.
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, Gujarat Mineral Developmentcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Gujarat Mineral Development's Cash-to-Debt or its related term are showing as below:
NSE:GMDCLTD'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.17 Med: 234.02 Max: No Debt
Current: 6.4
During the past 13 years, Gujarat Mineral Development's highest Cash to Debt Ratio was No Debt. The lowest was 1.17. And the median was 234.02.
NSE:GMDCLTD's Cash-to-Debt is ranked better than 63.19% of 182
companies
in the Other Energy Sources industry
Industry Median: 1.64
vs NSE:GMDCLTD: 6.40
Gujarat Mineral Development (NSE:GMDCLTD) 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.
Gujarat Mineral Development Cash-to-Debt Related Terms
Gujarat Mineral Development Cash-to-Debt Historical Data
* 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.
Gujarat Mineral Development Cash-to-Debt Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development'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.
Gujarat Mineral Development Cash-to-Debt vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development's Cash-to-Debt falls into.
* 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.
Gujarat Mineral Development (NSE:GMDCLTD) has a Cash-to-Debt of 6.40 as of Mar. 2026. This is 97% below median its historical median of 234.02. Over the past decade, Gujarat Mineral Development's Cash-to-Debt has ranged from 1.17 to 10,000.00. According to the industry distribution chart, Gujarat Mineral Development ranks #67 out of 182 companies in the Other Energy Sources industry, placing it in the top 36.8%.
Is Gujarat Mineral Development's Cash-to-Debt too high?
Gujarat Mineral Development's current Cash-to-Debt of 6.40 is 97% below median its 10-year median of 234.02. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 10,000.00. The Other Energy Sources industry median Cash-to-Debt is 1.64. Gujarat Mineral Development's value of 6.40 is 290.2% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #67 out of 182 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Gujarat Mineral Development has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Cash-to-Debt compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #67 out of 182 companies for Cash-to-Debt. This puts Gujarat Mineral Development in the upper half of its industry. The industry median Cash-to-Debt is 1.64. Gujarat Mineral Development's value of 6.40 is 290.2% above this benchmark. Historically, Gujarat Mineral Development's own Cash-to-Debt has ranged from 1.17 to 10,000.00 over the past decade. While the company's 10-year median is 234.02 vs. the industry median of 1.64, Gujarat Mineral Development has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Other Energy Sources company?
The median Cash-to-Debt among Other Energy Sources companies is 1.64, based on 182 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat Mineral Development's current Cash-to-Debt of 6.40 is 290.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Other Energy Sources industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Cash-to-Debt is 6.40, which is 97% below median its own 10-year median of 234.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹371.28, compared to a current price of ₹586.30 — trading 57.9% above its estimated fair value. The current Cash-to-Debt is 6.40, which is 97% below median its 10-year median of 234.02 and 290.2% above the Other Energy Sources industry median of 1.64. Gujarat Mineral Development's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current Cash-to-Debt is 6.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued.
The current stock price of ₹586.30 is trading 57.9% above its estimated GF Value™ of ₹371.28.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
Cash-to-Debt: 6.40 (97% below median its 10-year median of 234.02)
GF Value™: ₹371.28 vs. price of ₹586.30 (57.9% above fair value)
Industry Position: 290.2% above the Other Energy Sources median (#67 of 182)
No single metric tells the full story. See the NSE:GMDCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
64GF Score
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