POWERGRID Infrastructure Investment Trust (BOM:543290) Cash-to-Debt : 0.90 (As of Mar. 2023)

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What is POWERGRID Infrastructure Investment Trust 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. POWERGRID Infrastructure Investment Trust's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.90.

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, POWERGRID Infrastructure Investment Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

The historical rank and industry rank for POWERGRID Infrastructure Investment Trust's Cash-to-Debt or its related term are showing as below:

BOM:543290's Cash-to-Debt is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.23
* Ranked among companies with meaningful Cash-to-Debt only.

POWERGRID Infrastructure Investment Trust Cash-to-Debt Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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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POWERGRID Infrastructure Investment Trust Cash-to-Debt Chart

POWERGRID Infrastructure Investment Trust Annual Data

Trend

Mar18

Mar19

Mar20

Mar22

Mar23

Cash-to-Debt

0.01

0.92

0.90

POWERGRID Infrastructure Investment Trust Quarterly Data
	Mar18	Mar19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial							0.92	N/A	N/A	N/A	0.90

Competitive Comparison of POWERGRID Infrastructure Investment Trust's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, POWERGRID Infrastructure Investment Trust'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.

POWERGRID Infrastructure Investment Trust's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, POWERGRID Infrastructure Investment Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where POWERGRID Infrastructure Investment Trust's Cash-to-Debt falls into.

POWERGRID Infrastructure Investment Trust 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.

POWERGRID Infrastructure Investment Trust'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)
	=	5117.8	/	(28.78	+	5692)
	=	0.89

POWERGRID Infrastructure Investment Trust's Cash to Debt Ratio for the quarter 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)
	=	5117.8	/	(28.78	+	5692)
	=	0.89

POWERGRID Infrastructure Investment Trust (BOM:543290) 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.

POWERGRID Infrastructure Investment Trust Cash-to-Debt Related Terms

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » POWERGRID Infrastructure Investment Trust (BOM:543290) » Definitions » Cash-to-Debt

Traded in Other Exchanges

PGINVIT:India

Address

Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

http://www.pginvit.in

POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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