HMA Agro Industries (BOM:543929) Cash-to-Debt : 0.26 (As of Mar. 2024)

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What is HMA Agro Industries 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. HMA Agro Industries's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.26.

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, HMA Agro Industries 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 HMA Agro Industries's Cash-to-Debt or its related term are showing as below:

BOM:543929' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.23 Max: 0.29
Current: 0.26

During the past 6 years, HMA Agro Industries's highest Cash to Debt Ratio was 0.29. The lowest was 0.05. And the median was 0.23.

BOM:543929's Cash-to-Debt is ranked worse than
63.73% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs BOM:543929: 0.26

HMA Agro Industries Cash-to-Debt Historical Data

The historical data trend for HMA Agro Industries'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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HMA Agro Industries Cash-to-Debt Chart

HMA Agro Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.23

0.29

0.06

N/A

0.26

HMA Agro Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial				0.06	N/A	N/A	0.19	0.26

Competitive Comparison of HMA Agro Industries's Cash-to-Debt

For the Packaged Foods subindustry, HMA Agro Industries'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.

HMA Agro Industries's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HMA Agro Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where HMA Agro Industries's Cash-to-Debt falls into.

HMA Agro Industries 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.

HMA Agro Industries'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)
	=	1297.24	/	(4625.58	+	294.89)
	=	0.26

HMA Agro Industries'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)
	=	1297.24	/	(4625.58	+	294.89)
	=	0.26

HMA Agro Industries (BOM:543929) 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.

HMA Agro Industries Cash-to-Debt Related Terms

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HMA Agro Industries (BOM:543929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HMA Agro Industries Ltd (BOM:543929) » Definitions » Cash-to-Debt

Traded in Other Exchanges

HMAAGRO:India

Address

Fatehabad Road, 18-A/5/3 Tajview Crossing, Agra, UP, IND, 282001

Website

https://www.hmagroup.co

HMA Agro Industries Ltd is engaged in the business of manufacturing and exporting Buffalo Frozen Meat and Meat Products. Its core products are frozen fresh deglanded Buffalo Meat.

HMA Agro Industries (BOM:543929) Headlines

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