Dhyaani Tradeventtures (BOM:543516) Cash-to-Debt : 2.86 (As of Sep. 2023)

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What is Dhyaani Tradeventtures 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. Dhyaani Tradeventtures's cash to debt ratio for the quarter that ended in Sep. 2023 was 2.86.

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, Dhyaani Tradeventtures 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 Dhyaani Tradeventtures's Cash-to-Debt or its related term are showing as below:

BOM:543516' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 18.69 Max: No Debt
Current: 2.86

During the past 5 years, Dhyaani Tradeventtures's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 18.69.

BOM:543516's Cash-to-Debt is ranked better than
74.71% of 1665 companies
in the Construction industry
Industry Median: 0.63 vs BOM:543516: 2.86

Dhyaani Tradeventtures Cash-to-Debt Historical Data

The historical data trend for Dhyaani Tradeventtures'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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Dhyaani Tradeventtures Cash-to-Debt Chart

Dhyaani Tradeventtures Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.11

0.02

No Debt

Dhyaani Tradeventtures Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			0.01	No Debt	34.51	No Debt	2.86

Competitive Comparison of Dhyaani Tradeventtures's Cash-to-Debt

For the Building Products & Equipment subindustry, Dhyaani Tradeventtures'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.

Dhyaani Tradeventtures's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dhyaani Tradeventtures's Cash-to-Debt distribution charts can be found below:

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

Dhyaani Tradeventtures 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.

Dhyaani Tradeventtures's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Dhyaani Tradeventtures had no debt ⁽¹⁾.

Dhyaani Tradeventtures's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	16.276	/	(5.694	+	0)
	=	2.86

Dhyaani Tradeventtures (BOM:543516) 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.

Dhyaani Tradeventtures Cash-to-Debt Related Terms

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Dhyaani Tradeventtures (BOM:543516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dhyaani Tradeventtures Ltd (BOM:543516) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Thaltej-Shilaj Road, 420, Times Square Arcade, Opposite Rambaug, Near Rajiv Plaza, Ahmedabad, GJ, IND, 380059

Website

https://www.dhyaaniinc.com

Dhyaani Tradeventtures Ltd formerly Dhyaani Tile And Marblez Ltd is engaged in the business of trading of vitrified tiles used primarily for flooring solutions.

Dhyaani Tradeventtures (BOM:543516) Headlines

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