Ganga Papers India (BOM:531813) Cash-to-Debt : 0.00 (As of Mar. 2024)

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What is Ganga Papers India 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. Ganga Papers India's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.00.

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, Ganga Papers India 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 Ganga Papers India's Cash-to-Debt or its related term are showing as below:

BOM:531813' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.25
Current: 0.06

During the past 8 years, Ganga Papers India's highest Cash to Debt Ratio was 0.25. The lowest was 0.01. And the median was 0.06.

BOM:531813's Cash-to-Debt is ranked worse than
83.1% of 284 companies
in the Forest Products industry
Industry Median: 0.32 vs BOM:531813: 0.06

Ganga Papers India Cash-to-Debt Historical Data

The historical data trend for Ganga Papers India'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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Ganga Papers India Cash-to-Debt Chart

Ganga Papers India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.11

0.19

0.25

0.06

Ganga Papers India 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	N/A	N/A	-

Competitive Comparison of Ganga Papers India's Cash-to-Debt

For the Paper & Paper Products subindustry, Ganga Papers India'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.

Ganga Papers India's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ganga Papers India's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ganga Papers India's Cash-to-Debt falls into.

Ganga Papers India 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.

Ganga Papers India'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)
	=	1.583	/	(366.006	+	4.891)
	=	0.00

Ganga Papers India'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)
	=	1.583	/	(366.006	+	4.891)
	=	0.00

Ganga Papers India (BOM:531813) 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.

Ganga Papers India Cash-to-Debt Related Terms

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

Ganga Papers India (BOM:531813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ganga Papers India Ltd (BOM:531813) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

241, Village Bebedohal, Taluka Maval, Pune, MH, IND, 410506

Website

https://www.gangapapers.in

Ganga Papers India Ltd is an India-based company engaged in the manufacturing of paper and paper products. It offers a wide range of papers including Newsprint Papers, Writing papers, and Kraft papers. The products manufactured by the company are used for industrial, packaging, stationery, and textbooks purposes. It generates wealth out of waste by using recycled grades of waste paper as a prime source of raw material and making eco-friendly paper.

Ganga Papers India (BOM:531813) Headlines

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