NDA Securities (BOM:511535) Cash-to-Debt : N/A (As of Dec. 2023)

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What is NDA Securities 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. NDA Securities's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

BOM:511535' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 4.57 Max: No Debt
Current: 4.57

During the past 13 years, NDA Securities's highest Cash to Debt Ratio was No Debt. The lowest was 0.18. And the median was 4.57.

BOM:511535's Cash-to-Debt is ranked better than
60.25% of 795 companies
in the Capital Markets industry
Industry Median: 1.89 vs BOM:511535: 4.57

NDA Securities Cash-to-Debt Historical Data

The historical data trend for NDA Securities'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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NDA Securities Cash-to-Debt Chart

NDA Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

3.06

43.44

11.13

3.03

12.27

NDA Securities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	12.27	N/A	4.57	N/A

Competitive Comparison of NDA Securities's Cash-to-Debt

For the Capital Markets subindustry, NDA Securities'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.

NDA Securities's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, NDA Securities's Cash-to-Debt distribution charts can be found below:

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

NDA Securities 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.

NDA Securities'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)
	=	76.271	/	(6.218	+	0)
	=	12.27

NDA Securities's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

NDA Securities (BOM:511535) 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.

NDA Securities Cash-to-Debt Related Terms

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

NDA Securities (BOM:511535) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NDA Securities Ltd (BOM:511535) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

E-157, Second Floor, Kalkaji, New Delhi, IND, 110019

Website

https://www.ndaindia.com

NDA Securities Ltd is engaged in various financial services. The company provides various stockbroking services in the equity capital market, future and options market, commodity markets, currency derivative market, and depository participants. The company is engaged in the brokerage of financial products e.g. Stock Brokerage, Mutual Funds depository Services, and investment-related activities such as investment in subsidiaries and investment in Mutual Funds. The company receives revenue from the sale of shares and mutual fund commissions, and brokerage on the sale of securities. Geographically, the company offers its services only to the Indian market region.

NDA Securities (BOM:511535) Headlines

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