Dwarikesh Sugar Industries (NSE:DWARKESH) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Dwarikesh Sugar 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. Dwarikesh Sugar Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Dwarikesh Sugar Industries 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 Dwarikesh Sugar Industries's Cash-to-Debt or its related term are showing as below:

NSE:DWARKESH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.07
Current: 0.07

During the past 13 years, Dwarikesh Sugar Industries's highest Cash to Debt Ratio was 0.07. The lowest was 0.00. And the median was 0.00.

NSE:DWARKESH's Cash-to-Debt is ranked worse than
84.85% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs NSE:DWARKESH: 0.07

Dwarikesh Sugar Industries Cash-to-Debt Historical Data

The historical data trend for Dwarikesh Sugar 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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Dwarikesh Sugar Industries Cash-to-Debt Chart

Dwarikesh Sugar Industries Annual Data

Trend

Sep13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.07

Dwarikesh Sugar Industries 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															-	N/A	1.28	N/A	0.07

Competitive Comparison of Dwarikesh Sugar Industries's Cash-to-Debt

For the Confectioners subindustry, Dwarikesh Sugar 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.

Dwarikesh Sugar Industries's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dwarikesh Sugar Industries's Cash-to-Debt distribution charts can be found below:

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

Dwarikesh Sugar 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.

Dwarikesh Sugar Industries'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)
	=	338.852	/	(3045.568	+	1512.112)
	=	0.07

Dwarikesh Sugar Industries'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)
	=	338.852	/	(3045.568	+	1512.112)
	=	0.07

Dwarikesh Sugar Industries (NSE:DWARKESH) 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.

Dwarikesh Sugar Industries Cash-to-Debt Related Terms

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Dwarikesh Sugar Industries (NSE:DWARKESH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dwarikesh Sugar Industries Ltd (NSE:DWARKESH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

532610:India

Address

511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400 021

Website

http://www.dwarikesh.com

Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar, as well as allied products. The business activity of the group functions through Sugar, Co-generation, and Distillery segments. The product portfolio of the group includes Sugar, ethanol, and Power products. Geographically, it derives revenue from India and the exports made to other countries.

Dwarikesh Sugar Industries (NSE:DWARKESH) Headlines

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