Adani Ports & Special Economic Zone (BOM:532921) Cash-to-Debt : 0.24 (As of Mar. 2024)

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What is Adani Ports & Special Economic Zone 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. Adani Ports & Special Economic Zone's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.24.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Adani Ports & Special Economic Zone couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Adani Ports & Special Economic Zone's Cash-to-Debt or its related term are showing as below:

BOM:532921' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.16 Max: 0.24
Current: 0.24

During the past 13 years, Adani Ports & Special Economic Zone's highest Cash to Debt Ratio was 0.24. The lowest was 0.04. And the median was 0.16.

BOM:532921's Cash-to-Debt is ranked worse than
67.7% of 969 companies
in the Transportation industry
Industry Median: 0.48 vs BOM:532921: 0.24

Adani Ports & Special Economic Zone Cash-to-Debt Historical Data

The historical data trend for Adani Ports & Special Economic Zone'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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Adani Ports & Special Economic Zone Cash-to-Debt Chart

Adani Ports & Special Economic Zone Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.24

0.17

0.20

0.12

0.24

Adani Ports & Special Economic Zone Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	N/A	0.20	N/A	0.24

Competitive Comparison of Adani Ports & Special Economic Zone's Cash-to-Debt

For the Marine Shipping subindustry, Adani Ports & Special Economic Zone'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.

Adani Ports & Special Economic Zone's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Adani Ports & Special Economic Zone's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Adani Ports & Special Economic Zone's Cash-to-Debt falls into.

Adani Ports & Special Economic Zone 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.

Adani Ports & Special Economic Zone's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	117347.5	/	(86875	+	406162.1)
	=	0.24

Adani Ports & Special Economic Zone's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	117347.5	/	(86875	+	406162.1)
	=	0.24

Adani Ports & Special Economic Zone (BOM:532921) 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.

Adani Ports & Special Economic Zone Cash-to-Debt Related Terms

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Adani Ports & Special Economic Zone (BOM:532921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Adani Ports & Special Economic Zone Ltd (BOM:532921) » Definitions » Cash-to-Debt

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ADANIPORTS:India

Address

Near Vaishno Devi Circle, S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adaniports.com

Adani Ports & Special Economic Zone Ltd is a port infrastructure company domiciled in India. The company owns, operates, develops, and maintains port terminals and port infrastructure in India, including operating and developing infrastructure at the Special Economic Zone in Mundra. Adani Ports & Special Economic Zone also owns and operates a private railway to transport container cargo, and provides storage, handling, and other logistics services. It has one business segment, namely developing, operating and maintaining the ports services, ports-related Infrastructure development activities and development of infrastructure at contiguous Special Economic Zone at Mundra. The company generates the vast majority of revenue domestically.

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