Indo Thai Securities (BOM:533676) Cash-to-Debt : 11.19 (As of Mar. 2024)

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What is Indo Thai Securities 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. Indo Thai Securities's cash to debt ratio for the quarter that ended in Mar. 2024 was 11.19.

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, Indo Thai Securities 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 Indo Thai Securities's Cash-to-Debt or its related term are showing as below:

BOM:533676' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.32 Med: 8.2 Max: No Debt
Current: 11.19

During the past 13 years, Indo Thai Securities's highest Cash to Debt Ratio was No Debt. The lowest was 2.32. And the median was 8.20.

BOM:533676's Cash-to-Debt is ranked better than
75.22% of 795 companies
in the Capital Markets industry
Industry Median: 1.89 vs BOM:533676: 11.19

Indo Thai Securities Cash-to-Debt Historical Data

The historical data trend for Indo Thai Securities'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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Indo Thai Securities Cash-to-Debt Chart

Indo Thai Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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2.32

130.13

12.28

2.76

11.19

Indo Thai Securities 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															2.76	N/A	29.80	N/A	11.19

Competitive Comparison of Indo Thai Securities's Cash-to-Debt

For the Capital Markets subindustry, Indo Thai Securities'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.

Indo Thai Securities's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Indo Thai Securities's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Indo Thai Securities's Cash-to-Debt falls into.

Indo Thai Securities 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.

Indo Thai Securities'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)
	=	642.894	/	(0	+	57.45)
	=	11.19

Indo Thai Securities'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)
	=	642.894	/	(0	+	57.45)
	=	11.19

Indo Thai Securities (BOM:533676) 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.

Indo Thai Securities Cash-to-Debt Related Terms

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

Indo Thai Securities (BOM:533676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Indo Thai Securities Ltd (BOM:533676) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

INDOTHAI:India

Address

Plot Nos. 169A-171, PU-4, Scheme No. 54, Capital Tower, 2nd Floor, Behind C-21 Mall, Indore, MP, IND, 452010

Website

https://www.indothai.co.in

Indo Thai Securities Ltd carries on the business as a stock and share broker. The company's operating segments include Equities, Brokerage and related activities, and Real estate. It generates maximum revenue from the Equities, Brokerage, and Related segments. The company's product includes Equity and Derivative Trading; Commodities Derivative Trading; Currency Derivative Trading; Depository Services and Initial Public Offering. It derives a majority of its revenue from the sale of shares.

Indo Thai Securities (BOM:533676) Headlines

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