Yudiz Solutions (NSE:YUDIZ) Cash-to-Debt : 1.64 (As of Mar. 2023)

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What is Yudiz Solutions 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. Yudiz Solutions's cash to debt ratio for the quarter that ended in Mar. 2023 was 1.64.

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, Yudiz Solutions could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

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

During the past 4 years, Yudiz Solutions's highest Cash to Debt Ratio was No Debt. The lowest was 1.64. And the median was No Debt.

NSE:YUDIZ's Cash-to-Debt is ranked worse than
56.73% of 2725 companies
in the Software industry
Industry Median: 2.49 vs NSE:YUDIZ: 1.64

Yudiz Solutions Cash-to-Debt Historical Data

The historical data trend for Yudiz Solutions'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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Yudiz Solutions Cash-to-Debt Chart

Yudiz Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

No Debt

1.64

Yudiz Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Cash-to-Debt	No Debt	No Debt	No Debt	2.12	1.64

Competitive Comparison of Yudiz Solutions's Cash-to-Debt

For the Information Technology Services subindustry, Yudiz Solutions'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.

Yudiz Solutions's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Yudiz Solutions's Cash-to-Debt distribution charts can be found below:

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

Yudiz Solutions 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.

Yudiz Solutions'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)
	=	22.932	/	(5.608	+	8.339)
	=	1.64

Yudiz Solutions's Cash to Debt Ratio for the quarter 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)
	=	22.932	/	(5.608	+	8.339)
	=	1.64

Yudiz Solutions (NSE:YUDIZ) 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.

Yudiz Solutions Cash-to-Debt Related Terms

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Yudiz Solutions (NSE:YUDIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yudiz Solutions Ltd (NSE:YUDIZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Iscon-Ambli Road, 13th Floor, B square 2, Ahmedabad, GJ, IND, 380054

Website

https://www.yudiz.com

Yudiz Solutions Ltd is engaged in the business of providing IT solutions and consultancy focused on providing scalable and secure solutions to shape a business idea by implementing the latest and cutting-edge technologies. It offers web, mobile, game and blockchain solutions for business. It is an ISO 9001:2015 certified IT development company and an ideal digital transformation and technology services company for customers' needs. The company has consistently delivered a competitive edge in the form of robust, fore-sighted, and qualitative solutions.

Yudiz Solutions (NSE:YUDIZ) Headlines

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