Keltech Energies (BOM:506528) Cash-to-Debt : 2.13 (As of Mar. 2024)

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What is Keltech Energies 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. Keltech Energies's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.13.

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

BOM:506528' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.33 Max: 2.13
Current: 2.13

During the past 13 years, Keltech Energies's highest Cash to Debt Ratio was 2.13. The lowest was 0.15. And the median was 0.33.

BOM:506528's Cash-to-Debt is ranked better than
68.05% of 1490 companies
in the Chemicals industry
Industry Median: 0.74 vs BOM:506528: 2.13

Keltech Energies Cash-to-Debt Historical Data

The historical data trend for Keltech Energies'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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Keltech Energies Cash-to-Debt Chart

Keltech Energies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.30

0.41

0.44

0.61

2.13

Keltech Energies 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															0.61	N/A	0.80	N/A	2.13

Competitive Comparison of Keltech Energies's Cash-to-Debt

For the Specialty Chemicals subindustry, Keltech Energies'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.

Keltech Energies's Cash-to-Debt Distribution in the Chemicals Industry

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

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

Keltech Energies 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.

Keltech Energies'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)
	=	533.478	/	(193.08	+	57.698)
	=	2.13

Keltech Energies'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)
	=	533.478	/	(193.08	+	57.698)
	=	2.13

Keltech Energies (BOM:506528) 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.

Keltech Energies Cash-to-Debt Related Terms

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

Keltech Energies (BOM:506528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Keltech Energies Ltd (BOM:506528) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, Infantry Road, 7th Floor, Embassy Icon, Bengaluru, KA, IND, 560001

Website

https://www.keltechenergies.com

Keltech Energies Ltd is engaged in the manufacture of industrial explosives and the sale of perlite & perlite-based products. The company is a technology provider in the area of low-temperature cryogenic insulation of LNG, Ethylene, Propylene, Butane, Propane, Ethane, LOX, LIN, LAR, Ammonia, Cold boxes and other cryogenic equipment. Key areas of operation include the Manufacture of explosives, cryogenic insulation, perlite filter aid, horticulture products as well as perlite products for the construction, refractory and foundry Industries. The Company has two reportable segments such as Explosives segment which manufactures cartridge explosives, bulk emulsion explosives and Perlite segment which manufactures cryogenic insulation, industrial filter-aid, horticulture products etc.

Keltech Energies (BOM:506528) Headlines

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