Teesta Agro Industries (BOM:524204) Cash-to-Debt : 3.06 (As of Dec. 2023)

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What is Teesta Agro Industries 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. Teesta Agro Industries's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.06.

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, Teesta Agro Industries could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BOM:524204' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 1.1 Max: 29.79
Current: 3.06

During the past 13 years, Teesta Agro Industries's highest Cash to Debt Ratio was 29.79. The lowest was 0.02. And the median was 1.10.

BOM:524204's Cash-to-Debt is ranked better than
72.2% of 241 companies
in the Agriculture industry
Industry Median: 0.66 vs BOM:524204: 3.06

Teesta Agro Industries Cash-to-Debt Historical Data

The historical data trend for Teesta Agro Industries'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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Teesta Agro Industries Cash-to-Debt Chart

Teesta Agro Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.26

4.55

4.63

1.79

0.70

Teesta Agro Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.50	1.79	0.70	0.67	3.06

Competitive Comparison of Teesta Agro Industries's Cash-to-Debt

For the Agricultural Inputs subindustry, Teesta Agro Industries'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.

Teesta Agro Industries's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Teesta Agro Industries's Cash-to-Debt distribution charts can be found below:

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

Teesta Agro Industries 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.

Teesta Agro Industries'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)
	=	180.9	/	(203.3	+	53.7)
	=	0.70

Teesta Agro Industries's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	140.1	/	(0	+	45.8)
	=	3.06

Teesta Agro Industries (BOM:524204) 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.

Teesta Agro Industries Cash-to-Debt Related Terms

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

Teesta Agro Industries (BOM:524204) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Teesta Agro Industries Ltd (BOM:524204) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mazabari, Rajgang, Jalpaiguri, WB, IND, 735134

Website

https://www.teestaagro.in

Teesta Agro Industries Ltd is mainly engaged in the manufacturing and marketing of fertilizers. The company mainly produces single superphosphate, Micronutrients, NPK mixture fertilizer, and sulphuric acid. The company generates revenue from the Fertilizers.

Teesta Agro Industries (BOM:524204) Headlines

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