Gujarat State Petronet (NSE:GSPL) Cash-to-Debt : N/A (As of Jun. 2024)

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What is Gujarat State Petronet 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. Gujarat State Petronet's cash to debt ratio for the quarter that ended in Jun. 2024 was N/A.

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

NSE:GSPL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.3 Max: 16.98
Current: 16.98

During the past 13 years, Gujarat State Petronet's highest Cash to Debt Ratio was 16.98. The lowest was 0.04. And the median was 0.30.

NSE:GSPL's Cash-to-Debt is ranked better than
90.1% of 505 companies
in the Utilities - Regulated industry
Industry Median: 0.24 vs NSE:GSPL: 16.98

Gujarat State Petronet Cash-to-Debt Historical Data

The historical data trend for Gujarat State Petronet'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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Gujarat State Petronet Cash-to-Debt Chart

Gujarat State Petronet Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.23

0.20

0.17

9.74

16.98

Gujarat State Petronet Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	10.19	N/A	16.98	N/A

Competitive Comparison of Gujarat State Petronet's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Gujarat State Petronet'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 State Petronet's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat State Petronet's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gujarat State Petronet's Cash-to-Debt falls into.

Gujarat State Petronet 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.

Gujarat State Petronet'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)
	=	23706.017	/	(322.249	+	1073.889)
	=	16.98

Gujarat State Petronet's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

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

Gujarat State Petronet (NSE:GSPL) 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 State Petronet Cash-to-Debt Related Terms

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Gujarat State Petronet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gujarat State Petronet Ltd (NSE:GSPL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

532702:India

Address

GSPL Bhavan, E-18, GIDC Electronics Estate, Sector-26, Near K-7 Circle, Gandhinagar, GJ, IND, 382028

Website

https://www.gspcgroup.com

Gujarat State Petronet Ltd is a regulated Indian natural gas utility company of which the shareholder is a state-owned oil and gas exploration company, Gujarat State Petroleum Corporation. Gujarat State Petronet is involved in the provision of natural gas, compressed natural gas, and liquefied natural gas transmission services in the West Indian state of Gujarat through its pipeline network. The company derives the vast majority of its sales from service fees relating to the transportation of gas to domestic, industrial, and commercial customers. With its many subsidiaries and associate firms, such as Gujarat Gas Limited, Gujarat State Petronet is one of the gas distributors in India.

Gujarat State Petronet Headlines

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