K2 Infragen (NSE:K2INFRA) Cash-to-Debt : 0.03 (As of Sep. 2023)

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What is K2 Infragen 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. K2 Infragen's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.03.

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, K2 Infragen couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for K2 Infragen's Cash-to-Debt or its related term are showing as below:

NSE:K2INFRA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.05
Current: 0.03

During the past 3 years, K2 Infragen's highest Cash to Debt Ratio was 0.05. The lowest was 0.01. And the median was 0.03.

NSE:K2INFRA's Cash-to-Debt is ranked worse than
96.06% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs NSE:K2INFRA: 0.03

K2 Infragen Cash-to-Debt Historical Data

The historical data trend for K2 Infragen'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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K2 Infragen Cash-to-Debt Chart

K2 Infragen Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.01

0.05

0.02

K2 Infragen Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23
Cash-to-Debt	0.01	0.05	0.02	0.03	0.03

Competitive Comparison of K2 Infragen's Cash-to-Debt

For the Engineering & Construction subindustry, K2 Infragen'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.

K2 Infragen's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, K2 Infragen's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where K2 Infragen's Cash-to-Debt falls into.

K2 Infragen 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.

K2 Infragen's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	4.436	/	(208.238	+	33.896)
	=	0.02

K2 Infragen'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)
	=	7.017	/	(188.855	+	34.68)
	=	0.03

K2 Infragen (NSE:K2INFRA) 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.

K2 Infragen Cash-to-Debt Related Terms

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K2 Infragen (NSE:K2INFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » K2 Infragen Ltd (NSE:K2INFRA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sohna Road, 801 A, B & 802 A, B, C, 8 th Floor, Welldone Techpark, Gurugram, HR, IND, 122018

Website

https://www.k2infra.com

K2 Infragen Ltd is an integrated engineering, procurement and construction ("EPC") with a focus on Power Engineering and Project Engineering. Its includes design, procurement, construction supervision, subcontract management and work order management to post-construction activities. The group has three reporting segments; Construction and Design works, Trading of goods and Cloud services,. Key revenue is generated from Construction & Design Works.

K2 Infragen (NSE:K2INFRA) Headlines

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