Fervent Synergies (BOM:533896) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

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

BOM:533896' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Fervent Synergies's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BOM:533896's Cash-to-Debt is ranked better than
99.67% of 305 companies
in the Retail - Defensive industry
Industry Median: 0.43 vs BOM:533896: No Debt

Fervent Synergies Cash-to-Debt Historical Data

The historical data trend for Fervent Synergies'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.

Fervent Synergies Cash-to-Debt Chart

Fervent Synergies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Fervent Synergies 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															No Debt	N/A	No Debt	N/A	No Debt

Competitive Comparison of Fervent Synergies's Cash-to-Debt

For the Food Distribution subindustry, Fervent Synergies'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.

Fervent Synergies's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fervent Synergies's Cash-to-Debt distribution charts can be found below:

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

Fervent Synergies 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.

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

Fervent Synergies had no debt ⁽¹⁾.

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

Fervent Synergies had no debt ⁽¹⁾.

Fervent Synergies (BOM:533896) 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.

Fervent Synergies Cash-to-Debt Related Terms

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

Fervent Synergies (BOM:533896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fervent Synergies Ltd (BOM:533896) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

M. G. Road, B-7/8, Satyam Commercial Complex, Ghatkopar (East), Mumbai, MH, IND, 400077

Website

https://www.ferventsynergies.com

Fervent Synergies Ltd is an India-based company that is engaged in the trading of manufactured and basic foodstuff. The company's business segments are Food and Finance. Its Food division engages in trading of almonds and the Finance division engages in the business activities of funds lending, investing in fixed-term deposits, and similar securities. The company earns maximum revenue from the Finance division segment.

Fervent Synergies (BOM:533896) Headlines

No Headlines

Fervent Synergies (BOM:533896) Cash-to-Debt : No Debt (1) (As of Mar. 2024)