Gayatri Rubbers and Chemicals (NSE:GRCL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2023)

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What is Gayatri Rubbers and Chemicals 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. Gayatri Rubbers and Chemicals's cash to debt ratio for the quarter that ended in Mar. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Gayatri Rubbers and Chemicals could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

(1) 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.

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

NSE:GRCL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 8.13 Max: No Debt
Current: No Debt

During the past 4 years, Gayatri Rubbers and Chemicals's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 8.13.

NSE:GRCL's Cash-to-Debt is ranked better than
99.8% of 1485 companies
in the Chemicals industry
Industry Median: 0.73 vs NSE:GRCL: No Debt

Gayatri Rubbers and Chemicals Cash-to-Debt Historical Data

The historical data trend for Gayatri Rubbers and Chemicals'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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Gayatri Rubbers and Chemicals Cash-to-Debt Chart

Gayatri Rubbers and Chemicals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

16.12

0.15

0.02

No Debt

Gayatri Rubbers and Chemicals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Cash-to-Debt	16.12	0.15	0.02	No Debt

Competitive Comparison of Gayatri Rubbers and Chemicals's Cash-to-Debt

For the Specialty Chemicals subindustry, Gayatri Rubbers and Chemicals'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.

Gayatri Rubbers and Chemicals's Cash-to-Debt Distribution in the Chemicals Industry

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

* The bar in red indicates where Gayatri Rubbers and Chemicals's Cash-to-Debt falls into.

Gayatri Rubbers and Chemicals 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.

Gayatri Rubbers and Chemicals's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Gayatri Rubbers and Chemicals had no debt ⁽¹⁾.

Gayatri Rubbers and Chemicals's Cash to Debt Ratio for the quarter that ended in Mar. 2023 is calculated as:

Gayatri Rubbers and Chemicals had no debt ⁽¹⁾.

Gayatri Rubbers and Chemicals (NSE:GRCL) 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.

Gayatri Rubbers and Chemicals Cash-to-Debt Related Terms

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Gayatri Rubbers and Chemicals (NSE:GRCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gayatri Rubbers and Chemicals Ltd (NSE:GRCL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Malerna Road, Plot No. 11, Gali No. 3, Opposite Beri ka Bagh, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://www.gayatrirubberchemicals.com

Gayatri Rubbers and Chemicals Ltd is engaged in manufacturing and trading rubber products. The company's product portfolio includes Aluminium rubber profiles, Automobile rubber profiles, Sponge rubber components, Clear PVC profiles, Industrial rubber, and Railway sector rubber. Geographically, the company operates within India.