Rane (Madras) (NSE:RML) Cash-to-Debt : N/A (As of Dec. 2024)

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What is Rane (Madras) 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. Rane (Madras)'s cash to debt ratio for the quarter that ended in Dec. 2024 was N/A.

The historical rank and industry rank for Rane (Madras)'s Cash-to-Debt or its related term are showing as below:

NSE:RML' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.12
Current: 0.06

During the past 13 years, Rane (Madras)'s highest Cash to Debt Ratio was 0.12. The lowest was 0.01. And the median was 0.04.

NSE:RML's Cash-to-Debt is ranked worse than
90.43% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs NSE:RML: 0.06

Rane (Madras) Cash-to-Debt Historical Data

The historical data trend for Rane (Madras)'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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Rane (Madras) Cash-to-Debt Chart

Rane (Madras) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.05

0.03

0.02

0.04

0.05

Rane (Madras) 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	0.05	N/A	0.06	N/A

Competitive Comparison of Rane (Madras)'s Cash-to-Debt

For the Auto Parts subindustry, Rane (Madras)'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.

Rane (Madras)'s Cash-to-Debt Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Rane (Madras)'s Cash-to-Debt falls into.

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Rane (Madras) 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.

Rane (Madras)'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)
	=	361.6	/	(4426.7	+	2857.5)
	=	0.05

Rane (Madras)'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.

Rane (Madras) (NSE:RML) 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.

Rane (Madras) Cash-to-Debt Related Terms

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Rane (Madras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane (Madras) Ltd (NSE:RML) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

532661:India

Address

154, Velachery Road, Ganapathi Buildings, Chennai, TN, IND, 600042

Website

https://www.ranegroup.com

Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: the Steering and Linkages division and the Light Metal Castings division. The company's steering and linkages division manufactures manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. Its Light Metal Castings division manufactures low-porosity, high-quality aluminum die-castings such as steering housings and engine case covers. Geographically, the company derives key revenue within India.

Rane (Madras) Headlines

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