Dharni Capital Services (BOM:543753) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Dharni Capital Services 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. Dharni Capital Services's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Dharni Capital Services could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

BOM:543753' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Dharni Capital Services's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

BOM:543753's Cash-to-Debt is ranked better than
99.93% of 1465 companies
in the Asset Management industry
Industry Median: 5.56 vs BOM:543753: No Debt

Dharni Capital Services Cash-to-Debt Historical Data

The historical data trend for Dharni Capital Services'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.

* Premium members only.

Dharni Capital Services Cash-to-Debt Chart

Dharni Capital Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.03

0.05

No Debt

Dharni Capital Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Dharni Capital Services's Cash-to-Debt

For the Asset Management subindustry, Dharni Capital Services'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.

Dharni Capital Services's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dharni Capital Services's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Dharni Capital Services's Cash-to-Debt falls into.

Dharni Capital Services 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.

Dharni Capital Services's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Dharni Capital Services had no debt ⁽¹⁾.

Dharni Capital Services's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Dharni Capital Services had no debt ⁽¹⁾.

Dharni Capital Services (BOM:543753) 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.

Dharni Capital Services Cash-to-Debt Related Terms

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

Dharni Capital Services (BOM:543753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dharni Capital Services Ltd (BOM:543753) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Whitefield Main Road, 226, Brigade Metropolis Arcade, Garudachapal, Bangaluru, KA, IND, 560048

Website

https://www.dharnicapital.com

Dharni Capital Services Ltd is a one-stop shop for all financial services requirements, with a special focus on Investment Advisory Services. The company strives to cater to various financial needs, including but not limited to Investment Management, Financial Planning, Income Tax, Accounting, and Business Advisory services.

Dharni Capital Services (BOM:543753) Headlines

No Headlines

Dharni Capital Services (BOM:543753) Cash-to-Debt : No Debt (1) (As of Mar. 2024)