Telemasters Holdings (JSE:TLM) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is Telemasters Holdings 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. Telemasters Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, Telemasters Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

JSE:TLM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.92 Max: 19.38
Current: 0.32

During the past 13 years, Telemasters Holdings's highest Cash to Debt Ratio was 19.38. The lowest was 0.13. And the median was 0.92.

JSE:TLM's Cash-to-Debt is ranked worse than
51.04% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs JSE:TLM: 0.32

Telemasters Holdings Cash-to-Debt Historical Data

The historical data trend for Telemasters Holdings'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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Telemasters Holdings Cash-to-Debt Chart

Telemasters Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

11.21

1.62

0.36

0.15

0.21

Telemasters Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.15	0.13	0.21	0.32

Competitive Comparison of Telemasters Holdings's Cash-to-Debt

For the Telecom Services subindustry, Telemasters Holdings'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.

Telemasters Holdings's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telemasters Holdings's Cash-to-Debt distribution charts can be found below:

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

Telemasters Holdings 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.

Telemasters Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	2.379	/	(4.633	+	6.711)
	=	0.21

Telemasters Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	2.891	/	(4.594	+	4.457)
	=	0.32

Telemasters Holdings (JSE:TLM) 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.

Telemasters Holdings Cash-to-Debt Related Terms

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

Telemasters Holdings (JSE:TLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telemasters Holdings Ltd (JSE:TLM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maxwell Office Park, Building 2 ATT House, Ground Floor, Magwa Crescent West, Waterfall City, ZAF, 2090

Website

https://www.telemasters.co.za

Telemasters Holdings Ltd operates as an investment company. The company focuses on investments in technology, as well as enhance digital transformation, smart working, and gig economy. Telemasters Holdings serves clients in South Africa.

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