Fusion Micro Finance (NSE:FUSION) Cash-to-Debt : 0.18 (As of Mar. 2024)

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What is Fusion Micro Finance 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. Fusion Micro Finance's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.18.

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, Fusion Micro Finance couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NSE:FUSION' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.2 Max: 0.29
Current: 0.18

During the past 5 years, Fusion Micro Finance's highest Cash to Debt Ratio was 0.29. The lowest was 0.17. And the median was 0.20.

NSE:FUSION's Cash-to-Debt is ranked worse than
55.16% of 504 companies
in the Credit Services industry
Industry Median: 0.225 vs NSE:FUSION: 0.18

Fusion Micro Finance Cash-to-Debt Historical Data

The historical data trend for Fusion Micro Finance'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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Fusion Micro Finance Cash-to-Debt Chart

Fusion Micro Finance Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.26

0.29

0.20

0.17

0.18

Fusion Micro Finance Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								0.17	N/A	0.19	N/A	0.18

Competitive Comparison of Fusion Micro Finance's Cash-to-Debt

For the Credit Services subindustry, Fusion Micro Finance'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.

Fusion Micro Finance's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fusion Micro Finance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Fusion Micro Finance's Cash-to-Debt falls into.

Fusion Micro Finance 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.

Fusion Micro Finance's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	15531.9	/	(0	+	86159)
	=	0.18

Fusion Micro Finance's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	15531.9	/	(0	+	86159)
	=	0.18

Fusion Micro Finance (NSE:FUSION) 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.

Fusion Micro Finance Cash-to-Debt Related Terms

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

Fusion Micro Finance (NSE:FUSION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fusion Micro Finance Ltd (NSE:FUSION) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

543652:India

Address

Plot No. 86, Institutional Sector - 32, Gurugram, HR, IND, 122001

Website

https://www.fusionmicrofinance.com

Fusion Micro Finance Ltd is engaged in micro finance lending activities, providing financial services to poor women in India who are organized as Joint Liability Group (JLGs). The company provides small value collateral free loans. Apart from micro finance lending, the company also has lending to MSME enterprises. It uses its distribution channel to provide other financial products and services to the members relate to providing of loans to the members for the purchase of certain productivity enhancing products such as mobile handsets, bicycle.

Fusion Micro Finance (NSE:FUSION) Headlines

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