DiGiSPICE Technologies (BOM:517214) Cash-to-Debt : 14.93 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is DiGiSPICE Technologies 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. DiGiSPICE Technologies's cash to debt ratio for the quarter that ended in Mar. 2024 was 14.93.

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, DiGiSPICE Technologies could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:517214' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.05 Med: 3.61 Max: 16.29
Current: 14.93

During the past 13 years, DiGiSPICE Technologies's highest Cash to Debt Ratio was 16.29. The lowest was 1.05. And the median was 3.61.

BOM:517214's Cash-to-Debt is ranked better than
71.79% of 2800 companies
in the Software industry
Industry Median: 2.55 vs BOM:517214: 14.93

DiGiSPICE Technologies Cash-to-Debt Historical Data

The historical data trend for DiGiSPICE Technologies'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.

DiGiSPICE Technologies Cash-to-Debt Chart

DiGiSPICE Technologies Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

2.00

4.52

4.74

2.71

14.93

DiGiSPICE Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	2.71	5.26	N/A	14.93

Competitive Comparison of DiGiSPICE Technologies's Cash-to-Debt

For the Information Technology Services subindustry, DiGiSPICE Technologies'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.

DiGiSPICE Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

DiGiSPICE Technologies 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.

DiGiSPICE Technologies's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	3886.829	/	(258.649	+	1.748)
	=	14.93

DiGiSPICE Technologies's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	3886.829	/	(258.649	+	1.748)
	=	14.93

DiGiSPICE Technologies (BOM:517214) 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.

DiGiSPICE Technologies Cash-to-Debt Related Terms

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

DiGiSPICE Technologies (BOM:517214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DiGiSPICE Technologies Ltd (BOM:517214) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DIGISPICE:India

Address

Spice Global Knowledge Park, 19A & 19B, Sector-125, District Gautam Budh Nagar, Noida, UP, IND, 201 301

Website

https://www.digispice.com

DiGiSPICE Technologies Ltd is primarily engaged in the Information and Communication Technology business providing Value Added Services, and Mobile Content services to domestic/international Telecom Operators. Also, the company undertakes the development and sale of telecom-related software. Its single operating segment includes Digital Technology Services (DTS) and Financial Technology services. Geographically, it derives a majority of revenue from India. Its products include DiGi Entertainment Solutions; DiGi Government Solutions; DiGi Financial Solutions and DiGi Enterprise Solutions.

DiGiSPICE Technologies (BOM:517214) Headlines

No Headlines