PNB Gilts (BOM:532366) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is PNB Gilts 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. PNB Gilts's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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

BOM:532366' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 1 Max: 1.26
Current: 0.01

During the past 13 years, PNB Gilts's highest Cash to Debt Ratio was 1.26. The lowest was 0.00. And the median was 1.00.

BOM:532366's Cash-to-Debt is ranked worse than
98.06% of 773 companies
in the Capital Markets industry
Industry Median: 1.97 vs BOM:532366: 0.01

PNB Gilts Cash-to-Debt Historical Data

The historical data trend for PNB Gilts'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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PNB Gilts Cash-to-Debt Chart

PNB Gilts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.08

1.12

0.92

0.79

0.01

PNB Gilts 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															0.79	N/A	0.02	N/A	0.01

Competitive Comparison of PNB Gilts's Cash-to-Debt

For the Capital Markets subindustry, PNB Gilts'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.

PNB Gilts's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PNB Gilts's Cash-to-Debt distribution charts can be found below:

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

PNB Gilts 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.

PNB Gilts'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)
	=	2997.842	/	(0	+	224030.871)
	=	0.01

PNB Gilts'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)
	=	2997.842	/	(0	+	224030.871)
	=	0.01

PNB Gilts (BOM:532366) 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.

PNB Gilts Cash-to-Debt Related Terms

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

PNB Gilts (BOM:532366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PNB Gilts Ltd (BOM:532366) » Definitions » Cash-to-Debt

Comparable Companies

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PNBGILTS:India

Address

5, Sansad Marg, New Delhi, IND, 110001

Website

https://www.pnbgilts.com

PNB Gilts Ltd is engaged in the business of dealing with government securities. The company offers Treasury-Bills/Commercial paper/ Certificates of deposit, Corporate bonds, and debentures, Government securities, Derivatives, Fixed deposits, and Mutual funds. Its primary activities include supporting government borrowing programs through the underwriting of government securities issuances and trading in a gamut of fixed-income instruments, such as government securities, treasury bills, state development loans, corporate bonds, interest rate swaps, and various money market instruments, such as certificates of deposits and commercial papers. In addition, it offers Gilts accounts.

PNB Gilts (BOM:532366) Headlines

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