Hathway Cable & Datacom (NSE:HATHWAY) Cash-to-Debt : 97.86 (As of Mar. 2024)

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What is Hathway Cable & Datacom 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. Hathway Cable & Datacom's cash to debt ratio for the quarter that ended in Mar. 2024 was 97.86.

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, Hathway Cable & Datacom could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Hathway Cable & Datacom's Cash-to-Debt or its related term are showing as below:

NSE:HATHWAY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 1.64 Max: No Debt
Current: 97.86

During the past 13 years, Hathway Cable & Datacom's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 1.64.

NSE:HATHWAY's Cash-to-Debt is ranked better than
88.69% of 990 companies
in the Media - Diversified industry
Industry Median: 1.215 vs NSE:HATHWAY: 97.86

Hathway Cable & Datacom Cash-to-Debt Historical Data

The historical data trend for Hathway Cable & Datacom'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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Hathway Cable & Datacom Cash-to-Debt Chart

Hathway Cable & Datacom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.67

No Debt

277.36

97.86

Hathway Cable & Datacom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															277.36	N/A	261.93	N/A	97.86

Competitive Comparison of Hathway Cable & Datacom's Cash-to-Debt

For the Entertainment subindustry, Hathway Cable & Datacom'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.

Hathway Cable & Datacom's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hathway Cable & Datacom's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hathway Cable & Datacom's Cash-to-Debt falls into.

Hathway Cable & Datacom 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.

Hathway Cable & Datacom'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)
	=	19238.3	/	(70.6	+	126)
	=	97.86

Hathway Cable & Datacom'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)
	=	19238.3	/	(70.6	+	126)
	=	97.86

Hathway Cable & Datacom (NSE:HATHWAY) 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.

Hathway Cable & Datacom Cash-to-Debt Related Terms

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Hathway Cable & Datacom (NSE:HATHWAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hathway Cable & Datacom Ltd (NSE:HATHWAY) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

533162:India

Address

Off CST Road, 805/806, Windsor, 8th Floor, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.hathway.com

Hathway Cable & Datacom Ltd is an India-based Multi System Operator engaged in providing cable television (TV) network services, broadband services, and allied services. The product range of the company includes digital and analogue cable television, broadband and local television channels. The products offered under the digital cable television services are HD Personal Video Recorder, Hathway SD, and Hathway HD. The company provides TV services in digital mode. In addition, it also offers features like video on demand, an electronic programming guide, and other features. It generates the majority of the revenue from Cable television services. The Group has two reportable segments: Broadband Business and Cable Television.

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