Systematixorate Services (BOM:526506) Cash-to-Debt : 15.17 (As of Mar. 2024)

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What is Systematixorate Services 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. Systematixorate Services's cash to debt ratio for the quarter that ended in Mar. 2024 was 15.17.

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, Systematixorate Services 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 Systematixorate Services's Cash-to-Debt or its related term are showing as below:

BOM:526506' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.42 Max: 15.17
Current: 15.17

During the past 13 years, Systematixorate Services's highest Cash to Debt Ratio was 15.17. The lowest was 0.05. And the median was 0.42.

BOM:526506's Cash-to-Debt is ranked better than
68.65% of 788 companies
in the Capital Markets industry
Industry Median: 2.275 vs BOM:526506: 15.17

Systematixorate Services Cash-to-Debt Historical Data

The historical data trend for Systematixorate Services'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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Systematixorate Services Cash-to-Debt Chart

Systematixorate Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.66

0.47

0.61

5.26

15.17

Systematixorate Services 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															5.26	N/A	6.96	N/A	15.17

Competitive Comparison of Systematixorate Services's Cash-to-Debt

For the Capital Markets subindustry, Systematixorate Services'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.

Systematixorate Services's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Systematixorate Services's Cash-to-Debt distribution charts can be found below:

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

Systematixorate Services 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.

Systematixorate Services'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)
	=	1750.728	/	(0	+	115.384)
	=	15.17

Systematixorate Services'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)
	=	1750.728	/	(0	+	115.384)
	=	15.17

Systematixorate Services (BOM:526506) 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.

Systematixorate Services Cash-to-Debt Related Terms

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

Systematixorate Services (BOM:526506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Systematix Corporate Services Ltd (BOM:526506) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, The Capital, A Wing, No. 603-606, Plot No. C-70, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.systematixgroup.in

Systematix Corporate Services Ltd is a broking house providing services of investment management and advisory services in the financial markets. The company provides investment solutions for a broad array of investors including Foreign Institutional Investors, Domestic Financial Institutions, Insurance Companies, Bank Treasuries, Corporate, Corporate Treasuries, Promoters, Ultra HNIs, HNI, and thousands of individual investors. It operates through Merchant Banking and Related Activities; Financing and Other Activities; and Equity, Commodities, Currency, and Other Transactional Services segments.

Systematixorate Services (BOM:526506) Headlines

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