Octaware Technologies (BOM:540416) Cash-to-Debt : 1.68 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Octaware 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. Octaware Technologies's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.68.

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, Octaware Technologies could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

BOM:540416' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.77 Med: No Debt Max: No Debt
Current: 1.68

During the past 10 years, Octaware Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.77. And the median was No Debt.

BOM:540416's Cash-to-Debt is ranked worse than
56.83% of 2805 companies
in the Software industry
Industry Median: 2.57 vs BOM:540416: 1.68

Octaware Technologies Cash-to-Debt Historical Data

The historical data trend for Octaware 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.

* Premium members only.

Octaware Technologies Cash-to-Debt Chart

Octaware Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.77

53.33

1.75

Octaware Technologies Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial													No Debt	53.33	5.39	1.75	1.68

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

For the Software - Application subindustry, Octaware 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.

Octaware Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

Octaware 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.

Octaware 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)
	=	11.143	/	(0.303	+	6.079)
	=	1.75

Octaware Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	12.641	/	(0	+	7.508)
	=	1.68

Octaware Technologies (BOM:540416) 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.

Octaware Technologies Cash-to-Debt Related Terms

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

Octaware Technologies (BOM:540416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Octaware Technologies Ltd (BOM:540416) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makwana Road, Off Andheri-Kurla, 204, Timmy Arcade, Marol, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.octaware.com

Octaware Technologies Ltd is a software development, enterprise solutions and consulting firm. It serves healthcare, finance, government, education, real estate and construction and other industries. The company services include Enterprise Portal, ERP and CRM Implementation, Software Architecture, Software Development Services, Mobile Solutions, Cloud, Security and IT Infrastructure Services, Geospatial Services and others. Some of its product includes PowerERM; Hospice; iOnAsset; Intelli Trade and others. It also has a presence in the USA, Singapore, UAE, Qatar, Saudi Arabia, and India. Revenue is generated from the sale of services.

Octaware Technologies (BOM:540416) Headlines

No Headlines