IRIS Business Services (BOM:540735) Cash-to-Debt : N/A (As of Dec. 2023)

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

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

BOM:540735' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.53 Max: 3.23
Current: 2.15

During the past 11 years, IRIS Business Services's highest Cash to Debt Ratio was 3.23. The lowest was 0.02. And the median was 0.53.

BOM:540735's Cash-to-Debt is ranked worse than
52.2% of 2801 companies
in the Software industry
Industry Median: 2.47 vs BOM:540735: 2.15

IRIS Business Services Cash-to-Debt Historical Data

The historical data trend for IRIS Business 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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IRIS Business Services Cash-to-Debt Chart

IRIS Business Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.46

0.15

1.36

1.14

1.61

IRIS Business Services Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	1.61	N/A	2.15	N/A

Competitive Comparison of IRIS Business Services's Cash-to-Debt

For the Software - Application subindustry, IRIS Business 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.

IRIS Business Services's Cash-to-Debt Distribution in the Software Industry

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

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

IRIS Business 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.

IRIS Business Services'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)
	=	92.928	/	(56.621	+	1.235)
	=	1.61

IRIS Business Services'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.

IRIS Business Services (BOM:540735) 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.

IRIS Business Services Cash-to-Debt Related Terms

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

IRIS Business Services (BOM:540735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRIS Business Services Ltd (BOM:540735) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IRIS:India

Address

T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.irisbusiness.com

IRIS Business Services Ltd is a provider of software products for compliance, data, and analytics. It offers products such as IRIS CARBON, a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs, IRIS FinX, an integrated consolidation application, which enables end-to-end financial reporting by extracting data from various source; IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies and IRIS iDEAL, a regulation reporting application for banks and financial institutions. The group's segments are Collect, Create and Consume. Its geographic segments are Middle Eastern Countries, America (including Canada and South American countries), Europe, India, Others.

IRIS Business Services (BOM:540735) Headlines

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