Supreme Petrochem (BOM:500405) Cash-to-Debt : 9.63 (As of Mar. 2024)

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What is Supreme Petrochem 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. Supreme Petrochem's cash to debt ratio for the quarter that ended in Mar. 2024 was 9.63.

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, Supreme Petrochem 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 Supreme Petrochem's Cash-to-Debt or its related term are showing as below:

BOM:500405' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.61 Med: 38.69 Max: No Debt
Current: 9.63

During the past 13 years, Supreme Petrochem's highest Cash to Debt Ratio was No Debt. The lowest was 0.61. And the median was 38.69.

BOM:500405's Cash-to-Debt is ranked better than
81.82% of 1551 companies
in the Chemicals industry
Industry Median: 0.73 vs BOM:500405: 9.63

Supreme Petrochem Cash-to-Debt Historical Data

The historical data trend for Supreme Petrochem'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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Supreme Petrochem Cash-to-Debt Chart

Supreme Petrochem Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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10.44

13.94

23.33

54.05

9.63

Supreme Petrochem Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	54.05	10.98	N/A	9.63

Competitive Comparison of Supreme Petrochem's Cash-to-Debt

For the Specialty Chemicals subindustry, Supreme Petrochem'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.

Supreme Petrochem's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Supreme Petrochem's Cash-to-Debt distribution charts can be found below:

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

Supreme Petrochem 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.

Supreme Petrochem'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)
	=	10995.66	/	(158.876	+	982.56)
	=	9.63

Supreme Petrochem'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)
	=	10995.66	/	(158.876	+	982.56)
	=	9.63

Supreme Petrochem (BOM:500405) 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.

Supreme Petrochem Cash-to-Debt Related Terms

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

Supreme Petrochem (BOM:500405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Supreme Petrochem Ltd (BOM:500405) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

SPLPETRO:India

Address

Andheri-Ghatkopar Link Road, Solitaire Corporate Park, Building No. 11, 5th Floor, 167, Guru Hargovindji Marg, Chakala, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.supremepetrochem.com

Supreme Petrochem Ltd manufactures and trades in petrochemicals. The company owns production facilities at Raigad, Maharashtra and in Chennai, Tamil Nadu. Its product portfolio consists of general-purpose polystyrene, specialty polystyrene, masterbatches, high impact polystyrene, FR high impact polystyrene, toughened polystyrene, and extruded polystyrene foam boards.

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