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Himadri Speciality Chemical (BOM:500184) Cash-to-Debt : 1.26 (As of Mar. 2024)


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What is Himadri Speciality 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. Himadri Speciality Chemical's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.26.

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, Himadri Speciality Chemical could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:500184' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 1.26
Current: 1.26

During the past 13 years, Himadri Speciality Chemical's highest Cash to Debt Ratio was 1.26. The lowest was 0.02. And the median was 0.07.

BOM:500184's Cash-to-Debt is ranked better than
60.41% of 1551 companies
in the Chemicals industry
Industry Median: 0.73 vs BOM:500184: 1.26

Himadri Speciality Chemical Cash-to-Debt Historical Data

The historical data trend for Himadri Speciality 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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Himadri Speciality Chemical Cash-to-Debt Chart

Himadri Speciality Chemical Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.19 0.45 0.24 1.26

Himadri Speciality Chemical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.24 N/A 0.26 N/A 1.26

Competitive Comparison of Himadri Speciality Chemical's Cash-to-Debt

For the Specialty Chemicals subindustry, Himadri Speciality 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.


Himadri Speciality Chemical's Cash-to-Debt Distribution in the Chemicals Industry

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

* The bar in red indicates where Himadri Speciality Chemical's Cash-to-Debt falls into.



Himadri Speciality 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.

Himadri Speciality Chemical's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Himadri Speciality Chemical's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


Himadri Speciality Chemical  (BOM:500184) 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.


Himadri Speciality Chemical Cash-to-Debt Related Terms

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


Himadri Speciality Chemical (BOM:500184) Business Description

Traded in Other Exchanges
Address
India Exchange Place, 2nd Floor, Ruby House 8, Kolkata, WB, IND, 700 001
Himadri Speciality Chemical Ltd is an Indian Coal Tar Pitch manufacturer with supplies to aluminium and graphite manufacturers. The company operates its business through two segments, which include Carbon Materials and chemicals; and Power. Through its operating segments, the company serves coal tar pitch to various industries to help manufacture aluminum, graphite electrodes, warhead missiles, lithium-ion batteries, and sulphonated naphthalene formaldehyde. Himadri also generates power through the windmills, which is marketed to the state electricity grid. Most of its revenue gets derived from the Carbon materials and chemicals segment. The group has a business presence in India and Outside India.

Himadri Speciality Chemical (BOM:500184) Headlines

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