Hindustan Zinc (BOM:500188) Cash-to-Debt : 1.11 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Hindustan Zinc 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. Hindustan Zinc's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.11.

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, Hindustan Zinc could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:500188' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.81 Med: 7.17 Max: No Debt
Current: 1.11

During the past 13 years, Hindustan Zinc's highest Cash to Debt Ratio was No Debt. The lowest was 0.81. And the median was 7.17.

BOM:500188's Cash-to-Debt is ranked worse than
67.73% of 2634 companies
in the Metals & Mining industry
Industry Median: 17.81 vs BOM:500188: 1.11

Hindustan Zinc Cash-to-Debt Historical Data

The historical data trend for Hindustan Zinc'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.

* Premium members only.

Hindustan Zinc Cash-to-Debt Chart

Hindustan Zinc Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

34.78

2.49

6.66

0.81

1.11

Hindustan Zinc 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															0.81	N/A	0.93	N/A	1.11

Competitive Comparison of Hindustan Zinc's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Hindustan Zinc'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.

Hindustan Zinc's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindustan Zinc's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hindustan Zinc's Cash-to-Debt falls into.

Hindustan Zinc 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.

Hindustan Zinc'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)
	=	101080	/	(46970	+	44240)
	=	1.11

Hindustan Zinc'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)
	=	101080	/	(46970	+	44240)
	=	1.11

Hindustan Zinc (BOM:500188) 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.

Hindustan Zinc Cash-to-Debt Related Terms

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

Hindustan Zinc (BOM:500188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hindustan Zinc Ltd (BOM:500188) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HINDZINC:India

Address

Yashad Bhavan, Udaipur, RJ, IND, 313004

Website

https://www.hzlindia.com

Hindustan Zinc Ltd is engaged in exploring, extracting, processing minerals, and manufacturing metals. The company is focused on mining and smelting zinc, Lead, and silver and also power generation through captive power plants and wind power plants. The company produces products under the brand name HZL and Vedanta. The segments of the company include Zinc, Lead, Silver, and others; and Wind energy. The company generates the majority of its revenues through Zinc, Lead, silver, and other segments. The company has a business presence in India, Asia, and the Rest of the World of which India derives a majority of the revenue.

Hindustan Zinc (BOM:500188) Headlines

No Headlines