Elnet Technologies (BOM:517477) Cash-to-Debt : N/A (As of Dec. 2023)

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

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

BOM:517477' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.81 Med: 8.33 Max: 14.46
Current: 8.15

During the past 13 years, Elnet Technologies's highest Cash to Debt Ratio was 14.46. The lowest was 2.81. And the median was 8.33.

BOM:517477's Cash-to-Debt is ranked better than
85% of 1787 companies
in the Real Estate industry
Industry Median: 0.25 vs BOM:517477: 8.15

Elnet Technologies Cash-to-Debt Historical Data

The historical data trend for Elnet Technologies'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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Elnet Technologies Cash-to-Debt Chart

Elnet Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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10.22

5.93

13.47

8.51

8.15

Elnet Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															14.46	N/A	8.15	N/A	N/A

Competitive Comparison of Elnet Technologies's Cash-to-Debt

For the Real Estate - Diversified subindustry, Elnet Technologies'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.

Elnet Technologies's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elnet Technologies's Cash-to-Debt distribution charts can be found below:

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

Elnet Technologies 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.

Elnet Technologies'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)
	=	347.269	/	(42.634	+	0)
	=	8.15

Elnet Technologies'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.

Elnet Technologies (BOM:517477) 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.

Elnet Technologies Cash-to-Debt Related Terms

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Elnet Technologies (BOM:517477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elnet Technologies Ltd (BOM:517477) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajiv Gandhi Salai, Elnet Software City, TS 140, Block Number 2 and 9, Taramani, Chennai, TN, IND, 600 113

Website

http://www.elnettechnologies.com

Elnet Technologies Ltd is engaged in providing infrastructure to Software and Business Process Outsourcing Industries. It also provides renting of office space. The company operates in developing and managing Software Technology Park in India. In addition, the firm provides infrastructure for the information technology (IT) and IT-enabled service (ITES) industry. It operates in the segment of Developing and maintaining integrated software technology parks. Geographically, the group has a business presence in India.

Elnet Technologies (BOM:517477) Headlines

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