Aatmaj Healthcare (NSE:AATMAJ) Cash-to-Debt : 0.04 (As of Mar. 2022)

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What is Aatmaj Healthcare 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. Aatmaj Healthcare's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.04.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Aatmaj Healthcare couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

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

NSE:AATMAJ's Cash-to-Debt is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cash-to-Debt only.

Aatmaj Healthcare Cash-to-Debt Historical Data

The historical data trend for Aatmaj Healthcare'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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Aatmaj Healthcare Cash-to-Debt Chart

Aatmaj Healthcare Annual Data

Trend

Mar20

Mar21

Mar22

Cash-to-Debt

0.13

0.04

Aatmaj Healthcare Semi-Annual Data
	Mar20	Mar21	Mar22
Cash-to-Debt	-	0.13	0.04

Competitive Comparison of Aatmaj Healthcare's Cash-to-Debt

For the Medical Care Facilities subindustry, Aatmaj Healthcare'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.

Aatmaj Healthcare's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aatmaj Healthcare's Cash-to-Debt distribution charts can be found below:

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

Aatmaj Healthcare 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.

Aatmaj Healthcare'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)
	=	1.807	/	(44.503	+	7.249)
	=	0.03

Aatmaj Healthcare's Cash to Debt Ratio for the quarter 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)
	=	1.807	/	(44.503	+	7.249)
	=	0.03

Aatmaj Healthcare (NSE:AATMAJ) 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.

Aatmaj Healthcare Cash-to-Debt Related Terms

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Aatmaj Healthcare (NSE:AATMAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aatmaj Healthcare Ltd (NSE:AATMAJ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sunpharma Ataladra Road, Jupiter Hospital, Opposite ICAI Bhavan, Vadodara, GJ, IND, 390012

Website

https://www.jupiterhospitalvadodara.com

Aatmaj Healthcare Ltd is a growing organization that aims at strengthening and establishing itself as the foremost healthcare services provider. The company strives to serve with its ultra-modern medicinal practices and infrastructure for medical as well as surgical care solutions. It aims towards continuous improvement of its healthcare facilities and to achieve the level of care and quality. It has a team of medical practitioners who ensures that patients get quality healthcare services.

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