Indus Towers (BOM:534816) Cash-to-Debt : 0.18 (As of Mar. 2024)

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What is Indus Towers 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. Indus Towers's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.18.

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, Indus Towers 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 Indus Towers's Cash-to-Debt or its related term are showing as below:

BOM:534816' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 7.15 Max: No Debt
Current: 0.18

During the past 13 years, Indus Towers's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 7.15.

BOM:534816's Cash-to-Debt is ranked worse than
63.85% of 379 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs BOM:534816: 0.18

Indus Towers Cash-to-Debt Historical Data

The historical data trend for Indus Towers'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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Indus Towers Cash-to-Debt Chart

Indus Towers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.84

0.11

0.13

0.19

0.18

Indus Towers 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															0.19	0.21	0.22	N/A	0.18

Competitive Comparison of Indus Towers's Cash-to-Debt

For the Telecom Services subindustry, Indus Towers'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.

Indus Towers's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Cash-to-Debt distribution charts can be found below:

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

Indus Towers 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.

Indus Towers'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)
	=	36399	/	(52064	+	153246)
	=	0.18

Indus Towers'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)
	=	36399	/	(52064	+	153246)
	=	0.18

Indus Towers (BOM:534816) 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.

Indus Towers Cash-to-Debt Related Terms

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

Indus Towers (BOM:534816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Indus Towers Ltd (BOM:534816) » Definitions » Cash-to-Debt

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INDUSTOWER:India

Address

DLF Cyber City, 4th Floor, Building No. 10, Tower A, Gurugram, HR, IND, 122002

Website

https://www.industowers.com

Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company primarily generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.

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