Bhagiradha Chemicals & Industries (BOM:531719) Cash-to-Debt : 0.81 (As of Mar. 2024)

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What is Bhagiradha Chemicals & 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. Bhagiradha Chemicals & Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.81.

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, Bhagiradha Chemicals & 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 Bhagiradha Chemicals & Industries's Cash-to-Debt or its related term are showing as below:

BOM:531719' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.81
Current: 0.81

During the past 13 years, Bhagiradha Chemicals & Industries's highest Cash to Debt Ratio was 0.81. The lowest was 0.01. And the median was 0.04.

BOM:531719's Cash-to-Debt is ranked better than
53.53% of 241 companies
in the Agriculture industry
Industry Median: 0.66 vs BOM:531719: 0.81

Bhagiradha Chemicals & Industries Cash-to-Debt Historical Data

The historical data trend for Bhagiradha Chemicals & 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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Bhagiradha Chemicals & Industries Cash-to-Debt Chart

Bhagiradha Chemicals & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.09

0.01

0.03

0.06

0.81

Bhagiradha Chemicals & 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															0.06	N/A	0.02	N/A	0.81

Competitive Comparison of Bhagiradha Chemicals & Industries's Cash-to-Debt

For the Agricultural Inputs subindustry, Bhagiradha Chemicals & 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.

Bhagiradha Chemicals & Industries's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bhagiradha Chemicals & Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bhagiradha Chemicals & Industries's Cash-to-Debt falls into.

Bhagiradha Chemicals & 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.

Bhagiradha Chemicals & 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)
	=	497.59	/	(444.929	+	171.53)
	=	0.81

Bhagiradha Chemicals & 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)
	=	497.59	/	(444.929	+	171.53)
	=	0.81

Bhagiradha Chemicals & Industries (BOM:531719) 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.

Bhagiradha Chemicals & Industries Cash-to-Debt Related Terms

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

Bhagiradha Chemicals & Industries (BOM:531719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Bhagiradha Chemicals & Industries Ltd (BOM:531719) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BHAGCHEM:India

Address

Road Number 2, 8-2-269/S/3/A, Plot Number 3, Sagar Society, Banjara Hills, Hyderabad, TG, IND, 500 034

Website

https://www.bhagirad.com

Bhagiradha Chemicals & Industries Ltd is an India-based company engaged in manufacturing agrochemical products. The company operates only in one business segment viz. manufacturing and sales of crop care chemicals. The company manufactures insecticides, herbicides, fungicides, plant growth regulators as well as intermediates. Its Insecticides include Chlorpyrifos, Chlopyrifos-methyl, Buprofezin, and others. Fungicide includes Azoxystrobin whereas Herbicide consists of Imazethapyr, Clodinafop-propargyl, Cloquintocet-mexyl. The company sells its products in India and the international market.

Bhagiradha Chemicals & Industries (BOM:531719) Headlines

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