Tata Power Co (NSE:TATAPOWER) Cash-to-Debt : 0.21 (As of Mar. 2024)

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What is Tata Power Co 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. Tata Power Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.21.

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, Tata Power Co 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 Tata Power Co's Cash-to-Debt or its related term are showing as below:

NSE:TATAPOWER' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.21
Current: 0.21

During the past 13 years, Tata Power Co's highest Cash to Debt Ratio was 0.21. The lowest was 0.02. And the median was 0.05.

NSE:TATAPOWER's Cash-to-Debt is ranked worse than
50.82% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs NSE:TATAPOWER: 0.21

Tata Power Co Cash-to-Debt Historical Data

The historical data trend for Tata Power Co'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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Tata Power Co Cash-to-Debt Chart

Tata Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.05

0.09

0.07

0.10

0.21

Tata Power Co 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															0.10	N/A	0.22	N/A	0.21

Competitive Comparison of Tata Power Co's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Tata Power Co'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.

Tata Power Co's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tata Power Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tata Power Co's Cash-to-Debt falls into.

Tata Power Co 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.

Tata Power Co'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)
	=	111012.8	/	(125547.2	+	411347.3)
	=	0.21

Tata Power Co'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)
	=	111012.8	/	(125547.2	+	411347.3)
	=	0.21

Tata Power Co (NSE:TATAPOWER) 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.

Tata Power Co Cash-to-Debt Related Terms

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Tata Power Co (NSE:TATAPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tata Power Co Ltd (NSE:TATAPOWER) » Definitions » Cash-to-Debt

Traded in Other Exchanges

500400:India

Address

34 Sant Tukaram Road, Corporate Center B, Carnac Bunder, Mumbai, MH, IND, 400 009

Website

https://www.tatapower.com

Tata Power Co Ltd is an Indian electric utility company within the Tata Group multinational conglomerate that builds, operates, and maintains power generation and distribution facilities. With the help of its seven key subsidiaries and numerous joint-venture companies, Tata Power generates Most of its revenue through the generation, transmission, distribution, and trading of electricity throughout India. Most of this energy is produced from thermal fuel sources, such as coal, oil, and gas. Additionally, Tata Power engages in the production of energy from hydroelectric and renewable sources, including multiple hydroelectric and wind power projects located throughout Africa. Its segment comprises Generation; Renewables; Transmission and Distribution; and Others.

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