Mahindra Holidays & Resorts India (NSE:MHRIL) Cash-to-Debt : 0.41 (As of Mar. 2024)

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What is Mahindra Holidays & Resorts India 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. Mahindra Holidays & Resorts India's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.41.

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, Mahindra Holidays & Resorts India 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 Mahindra Holidays & Resorts India's Cash-to-Debt or its related term are showing as below:

NSE:MHRIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.28 Max: 0.64
Current: 0.41

During the past 13 years, Mahindra Holidays & Resorts India's highest Cash to Debt Ratio was 0.64. The lowest was 0.19. And the median was 0.28.

NSE:MHRIL's Cash-to-Debt is ranked worse than
54.83% of 817 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs NSE:MHRIL: 0.41

Mahindra Holidays & Resorts India Cash-to-Debt Historical Data

The historical data trend for Mahindra Holidays & Resorts India'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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Mahindra Holidays & Resorts India Cash-to-Debt Chart

Mahindra Holidays & Resorts India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.28

0.19

0.28

0.29

0.41

Mahindra Holidays & Resorts India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.29	0.33	N/A	0.41

Competitive Comparison of Mahindra Holidays & Resorts India's Cash-to-Debt

For the Resorts & Casinos subindustry, Mahindra Holidays & Resorts India'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.

Mahindra Holidays & Resorts India's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mahindra Holidays & Resorts India's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mahindra Holidays & Resorts India's Cash-to-Debt falls into.

Mahindra Holidays & Resorts India 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.

Mahindra Holidays & Resorts India'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)
	=	11202.269	/	(10670.184	+	16712.625)
	=	0.41

Mahindra Holidays & Resorts India'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)
	=	11202.269	/	(10670.184	+	16712.625)
	=	0.41

Mahindra Holidays & Resorts India (NSE:MHRIL) 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.

Mahindra Holidays & Resorts India Cash-to-Debt Related Terms

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Mahindra Holidays & Resorts India (NSE:MHRIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mahindra Holidays & Resorts India Ltd (NSE:MHRIL) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

533088:India

Address

Dr. G.M. Bhosle Marg, P.K. Kurne Chowk, Mahindra Towers, 1st Floor, A Wing, Worli, Mumbai, MH, IND, 400 018

Website

https://www.clubmahindra.com

Mahindra Holidays & Resorts India Ltd is a resort and casino company that operates timeshares. The company's operating segment includes Mahindra Holidays and Resorts India Limited (MHRIL) and Holiday Club Resorts Oy (HCRO). It generates maximum revenue from the HCRO segment. The business sells family-based timeshares and has a variety of vacation options, such as water sports, adventure sports, hobby programs, and camping. It has a network of resorts that have beaches, wildlife sanctuaries, and cultural landmarks.

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