Chemcrux Enterprises (BOM:540395) Cash-to-Debt : 0.82 (As of Sep. 2023)

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What is Chemcrux Enterprises 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. Chemcrux Enterprises's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.82.

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

BOM:540395' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 1.19 Max: 5.46
Current: 0.94

During the past 13 years, Chemcrux Enterprises's highest Cash to Debt Ratio was 5.46. The lowest was 0.14. And the median was 1.19.

BOM:540395's Cash-to-Debt is ranked better than
55.23% of 1550 companies
in the Chemicals industry
Industry Median: 0.72 vs BOM:540395: 0.94

Chemcrux Enterprises Cash-to-Debt Historical Data

The historical data trend for Chemcrux Enterprises'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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Chemcrux Enterprises Cash-to-Debt Chart

Chemcrux Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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4.37

5.46

1.93

1.44

0.94

Chemcrux Enterprises Quarterly Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	1.44	N/A	0.82	0.94

Competitive Comparison of Chemcrux Enterprises's Cash-to-Debt

For the Specialty Chemicals subindustry, Chemcrux Enterprises'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.

Chemcrux Enterprises's Cash-to-Debt Distribution in the Chemicals Industry

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

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

Chemcrux Enterprises 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.

Chemcrux Enterprises'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)
	=	249.789	/	(41.531	+	222.992)
	=	0.94

Chemcrux Enterprises'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)
	=	194.157	/	(61.542	+	176.768)
	=	0.81

Chemcrux Enterprises (BOM:540395) 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.

Chemcrux Enterprises Cash-to-Debt Related Terms

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Chemcrux Enterprises (BOM:540395) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemcrux Enterprises Ltd (BOM:540395) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Natubhai Circle, 330, Trivia Complex, Racecourse, Vadodara, GJ, IND, 390007

Website

http://www.chemcrux.com

Chemcrux Enterprises Ltd is a chemical company in India. The company engages in the business of manufacturing or processing of Bulk Drug Intermediates like Para Chloro Benzoic, Ortho Benzoic Acid, and Lasamide. It operates in a single segment being Manufacturing of Speciality Chemicals which includes intermediates for bulk Drugs (API), Dyes & pigment industries segment.

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