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Tata Motors Ltd  (NYSE:TTM) Cash-to-Debt: 0.56 (As of Sep. 2017)

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. Tata Motors Ltd's cash to debt ratio for the quarter that ended in Sep. 2017 was 0.56.

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, Tata Motors Ltd couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2017.

NYSE:TTM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06   Max: 0.72
Current: 0.56

0.06
0.72

During the past 13 years, Tata Motors Ltd's highest Cash to Debt Ratio was 0.72. The lowest was 0.06. And the median was 0.42.

NYSE:TTM's Cash-to-Debt is ranked higher than
93% of the 1298 Companies
in the Global industry.

( Industry Median: 0.74 vs. NYSE:TTM: 0.56 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Tata Motors Ltd Annual Data

Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.41 0.50 0.56 0.40

Tata Motors Ltd Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 0.62 N/A 0.40 N/A 0.56

Competitive Comparison
* 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.


Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Tata Motors Ltd's Cash to Debt Ratio for the fiscal year that ended in Mar. 2017 is calculated as:

Tata Motors Ltd's Cash to Debt Ratio for the quarter that ended in Sep. 2017 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


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