Kretto Syscon (BOM:531328) Cash-to-Debt : 0.04 (As of Mar. 2024)

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What is Kretto Syscon 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. Kretto Syscon's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.04.

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, Kretto Syscon 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 Kretto Syscon's Cash-to-Debt or its related term are showing as below:

BOM:531328' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: No Debt Max: No Debt
Current: 0.04

During the past 13 years, Kretto Syscon's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was No Debt.

BOM:531328's Cash-to-Debt is ranked worse than
94.32% of 1655 companies
in the Construction industry
Industry Median: 0.62 vs BOM:531328: 0.04

Kretto Syscon Cash-to-Debt Historical Data

The historical data trend for Kretto Syscon'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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Kretto Syscon Cash-to-Debt Chart

Kretto Syscon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

1.18

7.54

No Debt

0.04

Kretto Syscon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	No Debt	N/A	N/A	0.04

Competitive Comparison of Kretto Syscon's Cash-to-Debt

For the Infrastructure Operations subindustry, Kretto Syscon'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.

Kretto Syscon's Cash-to-Debt Distribution in the Construction Industry

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

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

Kretto Syscon 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.

Kretto Syscon'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)
	=	0.397	/	(10.151	+	0)
	=	0.04

Kretto Syscon'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)
	=	0.397	/	(10.151	+	0)
	=	0.04

Kretto Syscon (BOM:531328) 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.

Kretto Syscon Cash-to-Debt Related Terms

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

Kretto Syscon (BOM:531328) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kretto Syscon Ltd (BOM:531328) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

S.G. Highway, A-401, Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, Ahmedabad, GJ, IND, 380054

Website

https://www.krettosysconltd.com

Kretto Syscon Ltd is an India-based company. It develops, provides, undertakes, design, import, export, distribute and deal in Systems and application software for microprocessor-based information systems, offshore software development projects, internet service provider, and solutions in all areas of application.

Kretto Syscon (BOM:531328) Headlines

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