Pyxis Finvest (BOM:534109) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2023)

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What is Pyxis Finvest 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. Pyxis Finvest's cash to debt ratio for the quarter that ended in Mar. 2023 was No Debt ⁽¹⁾.

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, Pyxis Finvest could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

(1) 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.

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

BOM:534109' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 4.95 Max: No Debt
Current: No Debt

During the past 13 years, Pyxis Finvest's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 4.95.

BOM:534109's Cash-to-Debt is ranked better than
99.6% of 504 companies
in the Credit Services industry
Industry Median: 0.23 vs BOM:534109: No Debt

Pyxis Finvest Cash-to-Debt Historical Data

The historical data trend for Pyxis Finvest'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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Pyxis Finvest Cash-to-Debt Chart

Pyxis Finvest Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

5.01

0.83

0.81

No Debt

Pyxis Finvest Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															0.83	0.90	0.81	No Debt	No Debt

Competitive Comparison of Pyxis Finvest's Cash-to-Debt

For the Credit Services subindustry, Pyxis Finvest'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.

Pyxis Finvest's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pyxis Finvest's Cash-to-Debt distribution charts can be found below:

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

Pyxis Finvest 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.

Pyxis Finvest's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Pyxis Finvest had no debt ⁽¹⁾.

Pyxis Finvest's Cash to Debt Ratio for the quarter that ended in Mar. 2023 is calculated as:

Pyxis Finvest had no debt ⁽¹⁾.

Pyxis Finvest (BOM:534109) 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.

Pyxis Finvest Cash-to-Debt Related Terms

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

Pyxis Finvest (BOM:534109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Pyxis Finvest Ltd (BOM:534109) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vidyanagari Marg, CST Road, Level 9 (Unit 801), Centrum House, Kalina, Santacruz (East), Mumbai, MH, IND, 400098

Website

https://www.pyxisfinvest.com

Pyxis Finvest Ltd is an India-based non-banking financial company. It is engaged in rendering non-mortgage loan services mainly for business purposes. In addition, it is also involved in granting loans to individuals. The company also offers loans against securities and provides financing facilities for application in initial public offerings (IPOs) and follow-on public offerings (FPOs).

Pyxis Finvest (BOM:534109) Headlines

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Pyxis Finvest (BOM:534109) Cash-to-Debt : No Debt (1) (As of Mar. 2023)