GTPL Hathway (NSE:GTPL) Cash-to-Debt : 0.57 (As of Mar. 2024)

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What is GTPL Hathway 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. GTPL Hathway's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.57.

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

NSE:GTPL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.39 Max: 1.41
Current: 0.57

During the past 10 years, GTPL Hathway's highest Cash to Debt Ratio was 1.41. The lowest was 0.12. And the median was 0.39.

NSE:GTPL's Cash-to-Debt is ranked worse than
61.41% of 990 companies
in the Media - Diversified industry
Industry Median: 1.215 vs NSE:GTPL: 0.57

GTPL Hathway Cash-to-Debt Historical Data

The historical data trend for GTPL Hathway'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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GTPL Hathway Cash-to-Debt Chart

GTPL Hathway Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.37

0.54

0.65

1.41

0.57

GTPL Hathway Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.41	N/A	0.78	N/A	0.57

Competitive Comparison of GTPL Hathway's Cash-to-Debt

For the Entertainment subindustry, GTPL Hathway'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.

GTPL Hathway's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GTPL Hathway's Cash-to-Debt distribution charts can be found below:

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

GTPL Hathway 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.

GTPL Hathway'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)
	=	1651.09	/	(1839.62	+	1043.87)
	=	0.57

GTPL Hathway'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)
	=	1651.09	/	(1839.62	+	1043.87)
	=	0.57

GTPL Hathway (NSE:GTPL) 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.

GTPL Hathway Cash-to-Debt Related Terms

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GTPL Hathway (NSE:GTPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GTPL Hathway Ltd (NSE:GTPL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

540602:India

Address

Sindhu Bhavan Road, Bodakdev, GTPL House, Shree One Building, Opposite Armieda, Near Pakwan Cross Roads, Ahmedabad, GJ, IND, 380 059

Website

https://www.gtpl.net

GTPL Hathway Ltd is an Indian cable TV and Broadband service providers. The company has three reportable segments namely Cable Television, Internet service, and Other. It generates maximum revenue from the Cable Television segment. Geographically, it derives revenue from India.

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