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Antariksh Industries (BOM:501270) Cash-to-Debt : No Debt (1) (As of Mar. 2024)


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What is Antariksh Industries 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. Antariksh Industries'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, Antariksh Industries 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 Antariksh Industries's Cash-to-Debt or its related term are showing as below:

BOM:501270' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: No Debt   Max: No Debt
Current: 0.8

During the past 9 years, Antariksh Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

BOM:501270's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.25 vs BOM:501270: 0.80

Antariksh Industries Cash-to-Debt Historical Data

The historical data trend for Antariksh Industries'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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Antariksh Industries Cash-to-Debt Chart

Antariksh Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt 0.02 No Debt

Antariksh Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 N/A 0.37 N/A No Debt

Competitive Comparison of Antariksh Industries's Cash-to-Debt

For the Real Estate Services subindustry, Antariksh Industries'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.


Antariksh Industries's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Antariksh Industries's Cash-to-Debt distribution charts can be found below:

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



Antariksh Industries 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.

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

Antariksh Industries had no debt (1).

Antariksh Industries's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Antariksh Industries had no debt (1).

* 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.


Antariksh Industries  (BOM:501270) 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.


Antariksh Industries Cash-to-Debt Related Terms

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Antariksh Industries (BOM:501270) Business Description

Traded in Other Exchanges
N/A
Address
Cardinal Gracious Road, Office No. 609, 6th Floor, Inizio, Opposite P & G Plaza, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Antariksh Industries Ltd is a real estate company. The company is engaged in the execution of real estate & trading activities. All of the firm's revenue is generated from India.

Antariksh Industries (BOM:501270) Headlines

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