Sancode Technologies (BOM:543897) Cash-to-Debt : 18.46 (As of Sep. 2023)

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What is Sancode 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. Sancode Technologies's cash to debt ratio for the quarter that ended in Sep. 2023 was 18.46.

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

BOM:543897' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.27 Med: 2.82 Max: 643.55
Current: 18.46

During the past 3 years, Sancode Technologies's highest Cash to Debt Ratio was 643.55. The lowest was 1.27. And the median was 2.82.

BOM:543897's Cash-to-Debt is ranked better than
82.62% of 1047 companies
in the Business Services industry
Industry Median: 0.99 vs BOM:543897: 18.46

Sancode Technologies Cash-to-Debt Historical Data

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

Sancode Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Cash-to-Debt

643.55

1.27

2.11

Sancode Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Sep23
Cash-to-Debt	643.55	1.27	2.11	2.82	18.46

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

For the Consulting Services subindustry, Sancode 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.

Sancode Technologies's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sancode Technologies's Cash-to-Debt distribution charts can be found below:

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

Sancode 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.

Sancode Technologies's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	4.371	/	(1.511	+	0.565)
	=	2.11

Sancode 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)
	=	23.46	/	(0.75	+	0.521)
	=	18.46

Sancode Technologies (BOM:543897) 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.

Sancode Technologies Cash-to-Debt Related Terms

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Sancode Technologies (BOM:543897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sancode Technologies Ltd (BOM:543897) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

B.M. Road, Opposite Elphinstone Station, 107, Prime Plaza, J.V. Patel Compound, Mumbai, MH, IND, 400013

Website

https://www.sancodetech.com

Sancode Technologies Ltd provides management consultancy services and ancillary services to startups and other entities. The firm's entire business falls under one segment namely Management consultancy services. It engages in software and product Digital transformation. Workflow automation., Artificial intelligence (AI), and Machine learning (ML). Robotic Process Automation (RPA) and Data Analytics, Metaverse, Web3 applications, and System Integration. development offering an API-enabled platform and solutions that enable organizations to adopt powerful technology applications addressing their strategic business needs rapidly.

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