Sonata Software (BOM:532221) Cash-to-Debt : 1.51 (As of Mar. 2024)

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What is Sonata Software 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. Sonata Software's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.51.

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, Sonata Software could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:532221' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.51 Med: 4.76 Max: 20.09
Current: 1.51

During the past 13 years, Sonata Software's highest Cash to Debt Ratio was 20.09. The lowest was 1.51. And the median was 4.76.

BOM:532221's Cash-to-Debt is ranked worse than
58.45% of 2799 companies
in the Software industry
Industry Median: 2.51 vs BOM:532221: 1.51

Sonata Software Cash-to-Debt Historical Data

The historical data trend for Sonata Software'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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Sonata Software Cash-to-Debt Chart

Sonata Software Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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2.09

3.90

5.62

1.58

1.51

Sonata Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	1.58	1.16	N/A	1.51

Competitive Comparison of Sonata Software's Cash-to-Debt

For the Information Technology Services subindustry, Sonata Software'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.

Sonata Software's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Sonata Software's Cash-to-Debt distribution charts can be found below:

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

Sonata Software 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.

Sonata Software'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)
	=	11516.4	/	(2674.5	+	4980.1)
	=	1.50

Sonata Software'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)
	=	11516.4	/	(2674.5	+	4980.1)
	=	1.50

Sonata Software (BOM:532221) 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.

Sonata Software Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Sonata Software's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Sonata Software (BOM:532221) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonata Software Ltd (BOM:532221) » Definitions » Cash-to-Debt

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SONATSOFTW:India

Address

Bull Temple Road, N.R. Colony, 1/4, APS Trust Building, Bengaluru, KA, IND, 560 004

Website

https://www.sonata-software.com

Sonata Software Ltd is a technology company. The Company is engaged in the business of software/hardware products and licenses including related services in India which constitutes a single business segment. The company's geographical segments include India and Other than India. It generates maximum revenue from India. The company serves ISVs (Independent Software Vendors); Travel and Tourism; Retail; Consumer Packaged Goods (CPG), Distribution and Manufacturing; Agri Commodity Business, and Service Industries. Its solution portfolio includes its digital platform such as Brick and Click Retail Platform, Modern Distribution Platform, Rezopia Digital Travel Platform, RAPID DevOps Platform, Kartopia E-commerce Platform, Halosys Mobility Platform, Commodity CTRM Platform, and others.

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