Sri Amarnath Finance (BOM:538863) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Sri Amarnath Finance 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. Sri Amarnath Finance'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, Sri Amarnath Finance 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 Sri Amarnath Finance's Cash-to-Debt or its related term are showing as below:

BOM:538863' 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 11 years, Sri Amarnath Finance's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BOM:538863's Cash-to-Debt is not ranked
in the Capital Markets industry.
Industry Median: 2.22 vs BOM:538863: No Debt

Sri Amarnath Finance Cash-to-Debt Historical Data

The historical data trend for Sri Amarnath Finance'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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Sri Amarnath Finance Cash-to-Debt Chart

Sri Amarnath Finance Annual Data

Trend

Mar15

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Mar24

Cash-to-Debt

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No Debt

Sri Amarnath Finance 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 Sri Amarnath Finance's Cash-to-Debt

For the Capital Markets subindustry, Sri Amarnath Finance'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.

Sri Amarnath Finance's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sri Amarnath Finance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sri Amarnath Finance's Cash-to-Debt falls into.

Sri Amarnath Finance 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.

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

Sri Amarnath Finance had no debt ⁽¹⁾.

Sri Amarnath Finance's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Sri Amarnath Finance had no debt ⁽¹⁾.

Sri Amarnath Finance (BOM:538863) 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.

Sri Amarnath Finance Cash-to-Debt Related Terms

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

Sri Amarnath Finance (BOM:538863) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sri Amarnath Finance Ltd (BOM:538863) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Main Road, Kucha Ustad Dag, 4883 - 84, Second Floor, Chandni Chowk, New Delhi, IND, 110006

Website

http://www.sriamarnathfinance.in

Sri Amarnath Finance Ltd is an India-based non-banking financial company. The company is engaged in the business of granting loans and making investments and is engaged in buying, selling, and transfer of shares and securities of various companies in the capital markets. It also provides loans and advances to customers who are eligible as per the criteria for availing services of the company. The business of the Company falls within a single primary segment The majority of revenue is generated from Interest Income.

Sri Amarnath Finance (BOM:538863) Headlines

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Sri Amarnath Finance (BOM:538863) Cash-to-Debt : No Debt (1) (As of Mar. 2024)