Tracxn Technologies (BOM:543638) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Tracxn 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. Tracxn Technologies's cash to debt ratio for the quarter that ended in Mar. 2024 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, Tracxn Technologies could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Tracxn Technologies's Cash-to-Debt or its related term are showing as below:

BOM:543638' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Tracxn Technologies's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BOM:543638's Cash-to-Debt is ranked better than
99.85% of 2723 companies
in the Software industry
Industry Median: 2.49 vs BOM:543638: No Debt

Tracxn Technologies Cash-to-Debt Historical Data

The historical data trend for Tracxn 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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Tracxn Technologies Cash-to-Debt Chart

Tracxn Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

No Debt

Tracxn Technologies Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	N/A	No Debt	N/A	No Debt

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

For the Software - Application subindustry, Tracxn 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.

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

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

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

Tracxn 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.

Tracxn Technologies's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Tracxn Technologies had no debt ⁽¹⁾.

Tracxn Technologies's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Tracxn Technologies had no debt ⁽¹⁾.

Tracxn Technologies (BOM:543638) 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.

Tracxn Technologies Cash-to-Debt Related Terms

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Tracxn Technologies (BOM:543638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tracxn Technologies Ltd (BOM:543638) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TRACXN:India

Address

Sector 6, H.S.R. Layout, L-248, 2nd Floor, 17th Cross, Bengaluru, KA, IND, 560 102

Website

https://www.tracxn.com

Tracxn Technologies Ltd provides market intelligence data for private companies. The company's extensive global database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address requirements. It offers private company data to its customers for deal sourcing, identifying M&A targets, deal diligence, analysis, and tracking emerging themes across industries and markets, among other uses, through its Tracxn platform. Geographically the company generates its revenue from India, the United states of America, and other countries.

Tracxn Technologies (BOM:543638) Headlines

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Tracxn Technologies (BOM:543638) Cash-to-Debt : No Debt (1) (As of Mar. 2024)