Silicon Rental Solutions (BOM:543615) Cash-to-Debt : 1.31 (As of Sep. 2023)

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What is Silicon Rental 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. Silicon Rental Solutions's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.31.

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, Silicon Rental Solutions could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

BOM:543615' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.58 Max: 4.03
Current: 1.31

During the past 7 years, Silicon Rental Solutions's highest Cash to Debt Ratio was 4.03. The lowest was 0.13. And the median was 0.58.

BOM:543615's Cash-to-Debt is ranked worse than
60.56% of 2799 companies
in the Software industry
Industry Median: 2.47 vs BOM:543615: 1.31

Silicon Rental Solutions Cash-to-Debt Historical Data

The historical data trend for Silicon Rental 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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Silicon Rental Solutions Cash-to-Debt Chart

Silicon Rental Solutions Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.13

0.20

0.63

0.58

4.03

Silicon Rental Solutions Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial				0.63	0.58	N/A	4.03	1.31

Competitive Comparison of Silicon Rental Solutions's Cash-to-Debt

For the Information Technology Services subindustry, Silicon Rental 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.

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

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

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

Silicon Rental 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.

Silicon Rental 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)
	=	75.622	/	(1.03	+	17.759)
	=	4.02

Silicon Rental Solutions'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)
	=	114.269	/	(0	+	87.254)
	=	1.31

Silicon Rental Solutions (BOM:543615) 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.

Silicon Rental Solutions Cash-to-Debt Related Terms

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

Silicon Rental Solutions (BOM:543615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silicon Rental Solutions Ltd (BOM:543615) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052

Website

https://www.silicongroup1.com

Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

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