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Pankaj Piyush Trade & Investments (BOM:506122) Cash-to-Debt : N/A (As of Dec. 2023)


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What is Pankaj Piyush Trade & Investments 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. Pankaj Piyush Trade & Investments's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for Pankaj Piyush Trade & Investments's Cash-to-Debt or its related term are showing as below:

BOM:506122' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09   Med: No Debt   Max: No Debt
Current: 0.09

During the past 11 years, Pankaj Piyush Trade & Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was No Debt.

BOM:506122's Cash-to-Debt is ranked worse than
90.9% of 791 companies
in the Capital Markets industry
Industry Median: 1.87 vs BOM:506122: 0.09

Pankaj Piyush Trade & Investments Cash-to-Debt Historical Data

The historical data trend for Pankaj Piyush Trade & Investments'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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Pankaj Piyush Trade & Investments Cash-to-Debt Chart

Pankaj Piyush Trade & Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt 0.50 1.71

Pankaj Piyush Trade & Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 1.71 N/A 0.09 N/A

Competitive Comparison of Pankaj Piyush Trade & Investments's Cash-to-Debt

For the Capital Markets subindustry, Pankaj Piyush Trade & Investments'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.


Pankaj Piyush Trade & Investments's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pankaj Piyush Trade & Investments's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pankaj Piyush Trade & Investments's Cash-to-Debt falls into.



Pankaj Piyush Trade & Investments 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.

Pankaj Piyush Trade & Investments's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Pankaj Piyush Trade & Investments's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Pankaj Piyush Trade & Investments  (BOM:506122) 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.


Pankaj Piyush Trade & Investments Cash-to-Debt Related Terms

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Pankaj Piyush Trade & Investments (BOM:506122) Business Description

Traded in Other Exchanges
N/A
Address
304, Building No. 61, Vijay Block, Laxmi Nagar, New Delhi, IND, 110092
Pankaj Piyush Trade & Investments Ltd is an Indian financial and investment company. It is engaged in the activity of investing capital and other finances of the firm in the purchase and sale of shares, stocks, units, debentures, debenture-stock, bonds, mortgages, obligations, and securities issued or guaranteed by any company. The business has three reportable segments; trading in shares /securities, fabric, and loan financing. Substantial revenue accrues from the financing of loans.

Pankaj Piyush Trade & Investments (BOM:506122) Headlines

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