Suryoday Small Finance Bank (BOM:543279) Cash-to-Debt : 0.48 (As of Mar. 2024)

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What is Suryoday Small Finance Bank 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. Suryoday Small Finance Bank's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.48.

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, Suryoday Small Finance Bank 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 Suryoday Small Finance Bank's Cash-to-Debt or its related term are showing as below:

BOM:543279' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 0.41 Max: 0.69
Current: 0.48

During the past 7 years, Suryoday Small Finance Bank's highest Cash to Debt Ratio was 0.69. The lowest was 0.24. And the median was 0.41.

BOM:543279's Cash-to-Debt is ranked worse than
74.72% of 1420 companies
in the Banks industry
Industry Median: 1.295 vs BOM:543279: 0.48

Suryoday Small Finance Bank Cash-to-Debt Historical Data

The historical data trend for Suryoday Small Finance Bank'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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Suryoday Small Finance Bank Cash-to-Debt Chart

Suryoday Small Finance Bank Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.69

0.35

0.53

0.41

0.48

Suryoday Small Finance Bank Quarterly Data
	Mar18	Mar19	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															0.41	0.33	0.29	0.23	0.48

Competitive Comparison of Suryoday Small Finance Bank's Cash-to-Debt

For the Banks - Regional subindustry, Suryoday Small Finance Bank'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.

Suryoday Small Finance Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Suryoday Small Finance Bank's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Suryoday Small Finance Bank's Cash-to-Debt falls into.

Suryoday Small Finance Bank Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Suryoday Small Finance Bank's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	11800.8	/	(0	+	24429.8)
	=	0.48

Suryoday Small Finance Bank's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	11800.8	/	(0	+	24429.8)
	=	0.48

Suryoday Small Finance Bank (BOM:543279) 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.

Suryoday Small Finance Bank Cash-to-Debt Related Terms

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

Suryoday Small Finance Bank (BOM:543279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Suryoday Small Finance Bank Ltd (BOM:543279) » Definitions » Cash-to-Debt

Traded in Other Exchanges

SURYODAY:India

Address

Unit No. 1101, Sharda Terraces, Plot No. 65, Sector 11, CBD Belapur, Navi Mumbai, MH, IND, 400 614

Website

https://www.suryodaybank.com

Suryoday Small Finance Bank Ltd is a small finance bank. It offers credit products, digital banking, NPCI payment systems, and mobile technologies along with banking through traditional channels and a diversified asset portfolio with a focus on retail operations. The company's operating segment includes Treasury; Retail banking; Wholesale and Other banking operations. It generates maximum revenue from the Retail banking segment.

Suryoday Small Finance Bank (BOM:543279) Headlines

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