TCS Group Holding (LSE:TCS) Cash-to-Debt : 2.43 (As of Sep. 2023)

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What is TCS Group Holding 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. TCS Group Holding's cash to debt ratio for the quarter that ended in Sep. 2023 was 2.43.

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, TCS Group Holding 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 TCS Group Holding's Cash-to-Debt or its related term are showing as below:

LSE:TCS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.97 Max: 7.52
Current: 2.43

During the past 13 years, TCS Group Holding's highest Cash to Debt Ratio was 7.52. The lowest was 0.32. And the median was 0.97.

LSE:TCS's Cash-to-Debt is not ranked
in the Banks industry.
Industry Median: 1.29 vs LSE:TCS: 2.43

TCS Group Holding Cash-to-Debt Historical Data

The historical data trend for TCS Group Holding'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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TCS Group Holding Cash-to-Debt Chart

TCS Group Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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1.38

1.51

3.46

3.95

7.52

TCS Group Holding Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	7.52	2.76	2.50	2.43

Competitive Comparison of TCS Group Holding's Cash-to-Debt

For the Banks - Regional subindustry, TCS Group Holding'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.

TCS Group Holding's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TCS Group Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where TCS Group Holding's Cash-to-Debt falls into.

TCS Group Holding Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

TCS Group Holding's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	8557.01	/	(0	+	1138.578)
	=	7.52

TCS Group Holding's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2258.875	/	(0	+	930.62)
	=	2.43

TCS Group Holding (LSE:TCS) 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.

TCS Group Holding Cash-to-Debt Related Terms

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TCS Group Holding (LSE:TCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TCS Group Holding PLC (LSE:TCS) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

TCSG:Russia

Address

Spyrou Araouzou 25, 5th floor Berengaria 25, Limassol, CYP, 3036

Website

https://www.tcsgh.com.cy

TCS Group Holding PLC provides online retail financial services operating in Russia. It also offers unsecured cash loans to its existing customers without loan products with other banks. The group's reportable segment includes consumer financial services, retail daily and lifestyle transaction services, SME financial services and other investments.