IndusInd Bank (NSE:INDUSINDBK) Cash-to-Debt : 0.78 (As of Mar. 2024)

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What is IndusInd Bank 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. IndusInd Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.78.

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, IndusInd Bank couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NSE:INDUSINDBK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.65 Max: 1.53
Current: 0.78

During the past 13 years, IndusInd Bank's highest Cash to Debt Ratio was 1.53. The lowest was 0.28. And the median was 0.65.

NSE:INDUSINDBK's Cash-to-Debt is ranked worse than
63.37% of 1436 companies
in the Banks industry
Industry Median: 1.275 vs NSE:INDUSINDBK: 0.78

IndusInd Bank Cash-to-Debt Historical Data

The historical data trend for IndusInd Bank'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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IndusInd Bank Cash-to-Debt Chart

IndusInd Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.28

1.18

1.53

1.20

0.78

IndusInd Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.20	N/A	1.00	N/A	0.78

Competitive Comparison of IndusInd Bank's Cash-to-Debt

For the Banks - Regional subindustry, IndusInd Bank'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.

IndusInd Bank's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where IndusInd Bank's Cash-to-Debt falls into.

IndusInd Bank 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.

IndusInd Bank's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	369074.1	/	(0	+	476114.1)
	=	0.78

IndusInd Bank's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	369074.1	/	(0	+	476114.1)
	=	0.78

IndusInd Bank (NSE:INDUSINDBK) 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.

IndusInd Bank Cash-to-Debt Related Terms

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

IndusInd Bank (NSE:INDUSINDBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IndusInd Bank Ltd (NSE:INDUSINDBK) » Definitions » Cash-to-Debt

Traded in Other Exchanges

532187:India

Address

841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Prabhadevi (West), Mumbai, MH, IND, 400013

Website

https://www.indusind.com

IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, global markets, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The Bank operates in four business segments, viz. Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Operations. The Bank generates majority of the revenue from Retail Banking segment. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology. Most of its loan book is in term loans entirely exposed to India.

IndusInd Bank (NSE:INDUSINDBK) Headlines

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