Avenue Supermarts (BOM:540376) Cash-to-Debt

: N/A (As of Dec. 2023)

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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. Avenue Supermarts's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

BOM:540376' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.38 Max: 3.69
Current: 2.21

During the past 12 years, Avenue Supermarts's highest Cash to Debt Ratio was 3.69. The lowest was 0.03. And the median was 0.38.

BOM:540376's Cash-to-Debt is ranked better than
75.97% of 308 companies
in the Retail - Defensive industry
Industry Median: 0.465 vs BOM:540376: 2.21

Avenue Supermarts Cash-to-Debt Historical Data

The historical data trend for Avenue Supermarts'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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Avenue Supermarts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.20

0.37

3.69

0.47

2.50

Avenue Supermarts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																N/A	2.50	N/A	2.21	N/A

Competitive Comparison

For the Discount Stores subindustry, Avenue Supermarts'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.

Avenue Supermarts Cash-to-Debt Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Cash-to-Debt distribution charts can be found below:

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

Avenue Supermarts 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.

Avenue Supermarts'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)
	=	16096.2	/	(1663.2	+	4767.2)
	=	2.50

Avenue Supermarts's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

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

Avenue Supermarts (BOM:540376) 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.

Avenue Supermarts Cash-to-Debt Related Terms

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Avenue Supermarts (BOM:540376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Avenue Supermarts Ltd (BOM:540376) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DMART:India

Address

Road No. 33, Kamgar Hospital Road, Plot No. B-72 and B-72A, Wagle Industrial Estate, Thane, MH, IND, 400 604

Website

https://www.dmartindia.com

Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.

Avenue Supermarts (BOM:540376) Headlines

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