Dolphin Medical Services (BOM:526504) Cash-to-Debt : 0.02 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Dolphin Medical 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. Dolphin Medical Services's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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, Dolphin Medical Services couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:526504' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.06
Current: 0.02

During the past 13 years, Dolphin Medical Services's highest Cash to Debt Ratio was 0.06. The lowest was 0.00. And the median was 0.00.

BOM:526504's Cash-to-Debt is ranked worse than
98.25% of 228 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.285 vs BOM:526504: 0.02

Dolphin Medical Services Cash-to-Debt Historical Data

The historical data trend for Dolphin Medical 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.

Dolphin Medical Services Cash-to-Debt Chart

Dolphin Medical Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.02

Dolphin Medical Services 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															0.02	N/A	0.04	N/A	0.02

Competitive Comparison of Dolphin Medical Services's Cash-to-Debt

For the Diagnostics & Research subindustry, Dolphin Medical 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.

Dolphin Medical Services's Cash-to-Debt Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Dolphin Medical Services's Cash-to-Debt distribution charts can be found below:

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

Dolphin Medical 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.

Dolphin Medical Services'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)
	=	0.165	/	(0	+	8.03)
	=	0.02

Dolphin Medical Services'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)
	=	0.165	/	(0	+	8.03)
	=	0.02

Dolphin Medical Services (BOM:526504) 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.

Dolphin Medical Services Cash-to-Debt Related Terms

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

Dolphin Medical Services (BOM:526504) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Dolphin Medical Services Ltd (BOM:526504) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

D.No.29-28/1-27, Kovelamudivari Veedhi, Suryaraopet, Vijayawada, AP, IND, 520 002

Website

http://www.dolphinmedicalservices.com

Dolphin Medical Services Ltd is an India-based company engaged in providing diagnostics and other allied services. It includes a range of tests covering radiology and imaging, biochemistry, pathology, and microbiology. In addition, the company is also involved in Information Technology, Biotechnology, and Herbal sectors. Services provided by the company are Diagnostic Centre provides all the services under one roof; the Ophthalmic Laser Care Centre provides total laser eye treatment as "Dolphin Nethralaya"; Teleradiology Services; Clinical Trials and Life Sciences division; Medical Equipment & Goods associated distribution; Bio-Tech Division is to provide Foods and Herbal Products and Dolphin Electronic Solution and Technologies(DEST).

Dolphin Medical Services (BOM:526504) Headlines

No Headlines