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Go Digit General Insurance (NSE:GODIGIT) Cash-to-Debt : 0.68 (As of Mar. 2025)


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What is Go Digit General Insurance 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. Go Digit General Insurance's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.68.

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, Go Digit General Insurance couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Go Digit General Insurance's Cash-to-Debt or its related term are showing as below:

NSE:GODIGIT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.68   Med: No Debt   Max: No Debt
Current: 0.68

During the past 5 years, Go Digit General Insurance's highest Cash to Debt Ratio was No Debt. The lowest was 0.68. And the median was No Debt.

NSE:GODIGIT's Cash-to-Debt is ranked worse than
71.19% of 486 companies
in the Insurance industry
Industry Median: 2.155 vs NSE:GODIGIT: 0.68

Go Digit General Insurance Cash-to-Debt Historical Data

The historical data trend for Go Digit General Insurance'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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Go Digit General Insurance Cash-to-Debt Chart

Go Digit General Insurance Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Cash-to-Debt
No Debt No Debt No Debt N/A 0.68

Go Digit General Insurance Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A N/A 0.41 N/A 0.68

Competitive Comparison of Go Digit General Insurance's Cash-to-Debt

For the Insurance - Property & Casualty subindustry, Go Digit General Insurance'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.


Go Digit General Insurance's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Go Digit General Insurance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Go Digit General Insurance's Cash-to-Debt falls into.


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Go Digit General Insurance Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Go Digit General Insurance's Cash to Debt Ratio for the fiscal year that ended in Mar. 2025 is calculated as:

Go Digit General Insurance's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

* 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.


Go Digit General Insurance  (NSE:GODIGIT) 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.


Go Digit General Insurance Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Go Digit General Insurance's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Go Digit General Insurance Business Description

Traded in Other Exchanges
Address
4th B Cross Road, Atlantis, 95, Koramangala Industrial Layout, 5th Block, Bengaluru, KA, IND, 560095
Go Digit General Insurance Ltd is a diversified insurance company. It offers insurance products across various segments such as Fire, Marine Cargo, Marine Hull, Motor, Aviation, Personal Accident, Health insurance, and others. Maximum revenue is generated from its Motor insurance products. Geographically, the company operates in India.

Go Digit General Insurance Headlines

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