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SuryaJyoti Life Insurance Co (XNEP:SJLIC) Cash-to-Debt : No Debt (1) (As of Oct. 2024)


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What is SuryaJyoti Life Insurance Co 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. SuryaJyoti Life Insurance Co's cash to debt ratio for the quarter that ended in Oct. 2024 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, SuryaJyoti Life Insurance Co could pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

(1) 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.

The historical rank and industry rank for SuryaJyoti Life Insurance Co's Cash-to-Debt or its related term are showing as below:

XNEP:SJLIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19   Med: No Debt   Max: No Debt
Current: 0.42

During the past 13 years, SuryaJyoti Life Insurance Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was No Debt.

XNEP:SJLIC's Cash-to-Debt is ranked worse than
81.33% of 482 companies
in the Insurance industry
Industry Median: 1.735 vs XNEP:SJLIC: 0.42

SuryaJyoti Life Insurance Co Cash-to-Debt Historical Data

The historical data trend for SuryaJyoti Life Insurance Co'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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SuryaJyoti Life Insurance Co Cash-to-Debt Chart

SuryaJyoti Life Insurance Co Annual Data
Trend Jul12 Jul13 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

SuryaJyoti Life Insurance Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24 Apr24 Oct24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt 0.45 No Debt No Debt

Competitive Comparison of SuryaJyoti Life Insurance Co's Cash-to-Debt

For the Insurance - Reinsurance subindustry, SuryaJyoti Life Insurance Co'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.


SuryaJyoti Life Insurance Co's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SuryaJyoti Life Insurance Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where SuryaJyoti Life Insurance Co's Cash-to-Debt falls into.



SuryaJyoti Life Insurance Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

SuryaJyoti Life Insurance Co's Cash to Debt Ratio for the fiscal year that ended in Jul. 2022 is calculated as:

SuryaJyoti Life Insurance Co had no debt (1).

SuryaJyoti Life Insurance Co's Cash to Debt Ratio for the quarter that ended in Oct. 2024 is calculated as:

SuryaJyoti Life Insurance Co had no debt (1).

* 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.


SuryaJyoti Life Insurance Co  (XNEP:SJLIC) 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.


SuryaJyoti Life Insurance Co Cash-to-Debt Related Terms

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SuryaJyoti Life Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Shanta Plaza, Gyaneshwor, Kathmandu, NPL
SuryaJyoti Life Insurance Co Ltd is a insurance company. It provides insurance and reinsurance services. The company's operating segment includes Endowment; Anticipated Endowment; Endowment Cum Whole Life; Whole Life; Foreign Employment Term; Other Term; Special Term and others. It generates maximum revenue from the Endowment segment.

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