Landmark Cars (NSE:LANDMARK) Cash-to-Debt : 0.12 (As of Mar. 2024)

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What is Landmark Cars 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. Landmark Cars's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.12.

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, Landmark Cars 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 Landmark Cars's Cash-to-Debt or its related term are showing as below:

NSE:LANDMARK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.1 Max: 0.12
Current: 0.12

During the past 5 years, Landmark Cars's highest Cash to Debt Ratio was 0.12. The lowest was 0.09. And the median was 0.10.

NSE:LANDMARK's Cash-to-Debt is ranked worse than
82.4% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs NSE:LANDMARK: 0.12

Landmark Cars Cash-to-Debt Historical Data

The historical data trend for Landmark Cars'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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Landmark Cars Cash-to-Debt Chart

Landmark Cars Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.12

0.09

N/A

0.12

Landmark Cars Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial							N/A	N/A	0.12	N/A	0.12

Competitive Comparison of Landmark Cars's Cash-to-Debt

For the Auto & Truck Dealerships subindustry, Landmark Cars'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.

Landmark Cars's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Landmark Cars's Cash-to-Debt distribution charts can be found below:

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

Landmark Cars 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.

Landmark Cars'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)
	=	868.9	/	(4641.8	+	2611.48)
	=	0.12

Landmark Cars's Cash to Debt Ratio for the quarter 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)
	=	868.9	/	(4641.8	+	2611.48)
	=	0.12

Landmark Cars (NSE:LANDMARK) 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.

Landmark Cars Cash-to-Debt Related Terms

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Landmark Cars (NSE:LANDMARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Landmark Cars Ltd (NSE:LANDMARK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

543714:India

Address

G. M. Bhosale Marg, Unit No. 201 to 203, Landmark, 2nd Floor, Worli, Mumbai, MH, IND, 400018

Website

https://www.grouplandmark.in

Landmark Cars Ltd has a presence across the automotive retail value chain, including sales of new vehicles, after-sales service, and repairs, sales of pre-owned passenger vehicles, and facilitation of the sales of third-party financial and insurance products. The company is operating in a single segment namely the dealership of cars in India. The company's revenue is generated entirely within India.

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