Grasim Industries (NSE:GRASIM) Cash-to-Debt : N/A (As of Dec. 2023)

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

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

NSE:GRASIM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.26 Max: 1.07
Current: 0.21

During the past 13 years, Grasim Industries's highest Cash to Debt Ratio was 1.07. The lowest was 0.10. And the median was 0.26.

NSE:GRASIM's Cash-to-Debt is ranked worse than
67.28% of 379 companies
in the Building Materials industry
Industry Median: 0.46 vs NSE:GRASIM: 0.21

Grasim Industries Cash-to-Debt Historical Data

The historical data trend for Grasim 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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Grasim Industries Cash-to-Debt Chart

Grasim Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.10

0.18

0.29

0.24

0.18

Grasim Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.18	N/A	0.21	N/A

Competitive Comparison of Grasim Industries's Cash-to-Debt

For the Building Materials subindustry, Grasim 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.

Grasim Industries's Cash-to-Debt Distribution in the Building Materials Industry

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

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

Grasim 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.

Grasim Industries'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)
	=	187365.5	/	(349153.7	+	681120)
	=	0.18

Grasim Industries'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.

Grasim Industries (NSE:GRASIM) 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.

Grasim Industries Cash-to-Debt Related Terms

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Grasim Industries (NSE:GRASIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grasim Industries Ltd (NSE:GRASIM) » Definitions » Cash-to-Debt

Traded in Other Exchanges

500300:India

Address

Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030

Website

https://www.grasim.com

Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (NSE:GRASIM) Headlines

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