Bhanderi Infracon (BOM:538576) Cash-to-Debt : 0.06 (As of Sep. 2023)

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What is Bhanderi Infracon 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. Bhanderi Infracon's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.06.

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, Bhanderi Infracon couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Bhanderi Infracon's Cash-to-Debt or its related term are showing as below:

BOM:538576' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 1.09
Current: 0.06

During the past 10 years, Bhanderi Infracon's highest Cash to Debt Ratio was 1.09. The lowest was 0.00. And the median was 0.05.

BOM:538576's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.25 vs BOM:538576: 0.06

Bhanderi Infracon Cash-to-Debt Historical Data

The historical data trend for Bhanderi Infracon'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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Bhanderi Infracon Cash-to-Debt Chart

Bhanderi Infracon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.23

0.03

0.06

Bhanderi Infracon Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.09	0.03	0.05	0.06	0.06

Competitive Comparison of Bhanderi Infracon's Cash-to-Debt

For the Real Estate - Diversified subindustry, Bhanderi Infracon'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.

Bhanderi Infracon's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bhanderi Infracon's Cash-to-Debt distribution charts can be found below:

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

Bhanderi Infracon 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.

Bhanderi Infracon's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	12.6	/	(44.9	+	178.1)
	=	0.06

Bhanderi Infracon's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	12.165	/	(10.595	+	179.332)
	=	0.06

Bhanderi Infracon (BOM:538576) 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.

Bhanderi Infracon Cash-to-Debt Related Terms

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

Bhanderi Infracon (BOM:538576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bhanderi Infracon Ltd (BOM:538576) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

B/12, Jabuka Complex, Near Bajrang Ashram, Below Vikas School, NH-8, Thakkar Bapanagar, Ahmedabad, GJ, IND, 382350

Website

https://www.bhanderiinfracon.com

Bhanderi Infracon Ltd is a real estate development company. The company is engaged in the development of residential flats and bungalows under partnership firms. It offers services to residential, industrial, and commercial sectors. In the industrial sector, it provides services consisting of the construction of factories, sheds, and workshops. It operates in Real Estate and Trading in Grocery segments.

Bhanderi Infracon (BOM:538576) Headlines

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