Janus (BOM:542924) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Sep. 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. Janus's cash to debt ratio for the quarter that ended in Sep. 2023 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, Janus could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(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 Janus's Cash-to-Debt or its related term are showing as below:

BOM:542924' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 7.14 Max: No Debt
Current: No Debt

During the past 6 years, Janus's highest Cash to Debt Ratio was No Debt. The lowest was 0.47. And the median was 7.14.

BOM:542924's Cash-to-Debt is ranked better than
99.73% of 377 companies
in the Building Materials industry
Industry Median: 0.45 vs BOM:542924: No Debt

Janus Cash-to-Debt Historical Data

The historical data trend for Janus'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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Janus Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash-to-Debt

1.22

1.73

3.93

9.42

26.14

Janus Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Sep23
Cash-to-Debt							9.42	14.07	26.14	4.87	No Debt

Competitive Comparison

For the Building Materials subindustry, Janus'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.

Janus Cash-to-Debt Distribution

For the Building Materials industry and Basic Materials sector, Janus's Cash-to-Debt distribution charts can be found below:

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

Janus 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.

Janus's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	12.179	/	(0	+	0.466)
	=	26.14

Janus's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Janus had no debt ⁽¹⁾.

Janus (BOM:542924) 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.

Janus Cash-to-Debt Related Terms

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Janus (BOM:542924) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Janus Corp Ltd (BOM:542924) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

M Sunderji Road, B-704, Prakriti Apartments, K K W Mill Compound, Thane (West), Thane, MH, IND, 400053

Website

https://www.januscorporation.in

Janus Corp Ltd is engaged in the provision of civil construction, land and site development, landfilling, fencing walls, erection of hoardings, and in the trading of various construction related materials such as cement, iron & steel, sand, soil, aluminum. It is also engaged in Media and Consulting, hospitality support services, and trading of agro products.

Janus (BOM:542924) Headlines

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