Palash Securities (NSE:PALASHSECU) Cash-to-Debt : N/A (As of Dec. 2024)

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What is Palash Securities 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. Palash Securities's cash to debt ratio for the quarter that ended in Dec. 2024 was N/A.

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

NSE:PALASHSECU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.36 Max: No Debt
Current: 0.27

During the past 9 years, Palash Securities's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.36.

NSE:PALASHSECU's Cash-to-Debt is ranked worse than
63.42% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs NSE:PALASHSECU: 0.27

Palash Securities Cash-to-Debt Historical Data

The historical data trend for Palash Securities'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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Palash Securities Cash-to-Debt Chart

Palash Securities Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.02

0.33

0.25

0.63

0.36

Palash Securities Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.36	N/A	0.27	N/A

Competitive Comparison of Palash Securities's Cash-to-Debt

For the Packaged Foods subindustry, Palash Securities'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.

Palash Securities's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Palash Securities's Cash-to-Debt distribution charts can be found below:

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

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Palash Securities 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.

Palash Securities'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)
	=	108.601	/	(302.1	+	0)
	=	0.36

Palash Securities's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

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

Palash Securities (NSE:PALASHSECU) 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.

Palash Securities Cash-to-Debt Related Terms

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

Palash Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Palash Securities Ltd (NSE:PALASHSECU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

540648:India

Address

9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700 001

Website

http://www.birla-sugar.com

Palash Securities Ltd is engaged in food processing consisting of canned fruits and vegetables, jams jellies, squashes, and juices. The company's segments are Food Processing Business and Investments Business. The Investing Business consists of interest income from inter-corporate deposits and bank deposits and dividend income from investments in shares and securities. The Food Processing Business that generates the majority of revenue consists of the business of canned fruits and vegetables, jam, jellies, squashes, and juices.

Palash Securities Headlines

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