JK Lakshmi Cement (NSE:JKLAKSHMI) Cash-to-Debt : N/A (As of Dec. 2023)

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What is JK Lakshmi Cement 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. JK Lakshmi Cement's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for JK Lakshmi Cement's Cash-to-Debt or its related term are showing as below:

NSE:JKLAKSHMI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.25 Max: 0.64
Current: 0.4

During the past 13 years, JK Lakshmi Cement's highest Cash to Debt Ratio was 0.64. The lowest was 0.13. And the median was 0.25.

NSE:JKLAKSHMI's Cash-to-Debt is ranked worse than
52.62% of 382 companies
in the Building Materials industry
Industry Median: 0.455 vs NSE:JKLAKSHMI: 0.40

JK Lakshmi Cement Cash-to-Debt Historical Data

The historical data trend for JK Lakshmi Cement'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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JK Lakshmi Cement Cash-to-Debt Chart

JK Lakshmi Cement Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.18

0.24

0.50

0.64

0.46

JK Lakshmi Cement Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.40	N/A	0.46	0.40	N/A

Competitive Comparison of JK Lakshmi Cement's Cash-to-Debt

For the Building Materials subindustry, JK Lakshmi Cement'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.

JK Lakshmi Cement's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, JK Lakshmi Cement's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where JK Lakshmi Cement's Cash-to-Debt falls into.

JK Lakshmi Cement 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.

JK Lakshmi Cement'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)
	=	8729	/	(3269	+	15528.3)
	=	0.46

JK Lakshmi Cement's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

JK Lakshmi Cement (NSE:JKLAKSHMI) 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.

JK Lakshmi Cement Cash-to-Debt Related Terms

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JK Lakshmi Cement (NSE:JKLAKSHMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » JK Lakshmi Cement Ltd (NSE:JKLAKSHMI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

500380:India

Address

4, Bahadur Shah Zafar Marg, Nehru House, New Delhi, IND, 110002

Website

https://www.jklakshmicement.com

JK Lakshmi Cement Ltd is a building materials holdings company. The company manufacturers multiple types of cement and cement-related products. JK Lakshmi also manufactures Plaster of Paris (POP), autoclavet aerated concrete block, and JK Lakshmi Pro+, the firm's flagship cement product. JK Lakshmi also produces three various types of concrete, including two types of common grey cement, labeled 53 Grade ordinary Portland cement (OPC) and 43 Grade OPC. The third type is Portland Pozzolana Cement (PPC) (Blended), which is created to prevent cracking. The company generates the vast majority of its revenue in India.

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