Petro Carbon and Chemical (NSE:PCCL) Cash-to-Debt : 0.25 (As of Mar. 2023)

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What is Petro Carbon and Chemical 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. Petro Carbon and Chemical's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.25.

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, Petro Carbon and Chemical couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

NSE:PCCL's Cash-to-Debt is not ranked ^*
in the Chemicals industry.
Industry Median: 0.7
* Ranked among companies with meaningful Cash-to-Debt only.

Petro Carbon and Chemical Cash-to-Debt Historical Data

The historical data trend for Petro Carbon and Chemical'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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Petro Carbon and Chemical Cash-to-Debt Chart

Petro Carbon and Chemical Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.04

0.13

0.25

Petro Carbon and Chemical Semi-Annual Data
	Mar21	Mar22	Mar23
Cash-to-Debt	0.04	0.13	0.25

Competitive Comparison of Petro Carbon and Chemical's Cash-to-Debt

For the Specialty Chemicals subindustry, Petro Carbon and Chemical'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.

Petro Carbon and Chemical's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petro Carbon and Chemical's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Petro Carbon and Chemical's Cash-to-Debt falls into.

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Petro Carbon and Chemical 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.

Petro Carbon and Chemical's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	430.494	/	(1108.227	+	650.051)
	=	0.24

Petro Carbon and Chemical's Cash to Debt Ratio for the quarter that ended in Mar. 2023 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)
	=	430.494	/	(1108.227	+	650.051)
	=	0.24

Petro Carbon and Chemical (NSE:PCCL) 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.

Petro Carbon and Chemical Cash-to-Debt Related Terms

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Petro Carbon and Chemical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petro Carbon and Chemical Ltd (NSE:PCCL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Park Street, Avani Signature, 6th Floor, 91A/1, Kolkata, WB, IND, 700016

Website

https://www.pccl.in

Petro Carbon and Chemical Ltd is engaged in the business of manufacturing and marketing of Calcined Petroleum Coke (CPC) in the carbon industry. It supplies its product to the aluminum manufacturing government companies, graphite electrodes, and titanium dioxide manufacturers as well as other users in the metallurgical, chemical industries, and other steel manufacturing companies.

Petro Carbon and Chemical Headlines

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