Quick Heal Technologies (BOM:539678) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Quick Heal Technologies 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. Quick Heal Technologies'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, Quick Heal Technologies 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 Quick Heal Technologies's Cash-to-Debt or its related term are showing as below:

BOM:539678' 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 10 years, Quick Heal Technologies's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BOM:539678's Cash-to-Debt is ranked better than
99.85% of 2725 companies
in the Software industry
Industry Median: 2.49 vs BOM:539678: No Debt

Quick Heal Technologies Cash-to-Debt Historical Data

The historical data trend for Quick Heal Technologies'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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Quick Heal Technologies Cash-to-Debt Chart

Quick Heal Technologies Annual Data

Trend

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Mar24

Cash-to-Debt

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No Debt

Quick Heal Technologies 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 Quick Heal Technologies's Cash-to-Debt

For the Software - Application subindustry, Quick Heal Technologies'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.

Quick Heal Technologies's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Quick Heal Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Quick Heal Technologies's Cash-to-Debt falls into.

Quick Heal Technologies 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.

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

Quick Heal Technologies had no debt ⁽¹⁾.

Quick Heal Technologies's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Quick Heal Technologies had no debt ⁽¹⁾.

Quick Heal Technologies (BOM:539678) 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.

Quick Heal Technologies Cash-to-Debt Related Terms

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Quick Heal Technologies (BOM:539678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quick Heal Technologies Ltd (BOM:539678) » Definitions » Cash-to-Debt

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QUICKHEAL:India

Address

7th Floor, Viman Nagar, Marvel Edge, Office Number 7010 C & D, Opposite Neco Garden Society, Pune, MH, IND, 411014

Website

https://www.quickheal.com

Quick Heal Technologies Ltd is an India-based IT security solutions company. It is engaged in offering software security products and solutions. The company serves clients in various industries including manufacturing, BFSI, healthcare, hospitality, educational institutions, government organizations, emerging e-commerce, and the service sector. The group reports the operating segments based on the target customer groups to bring Retail; Enterprise and Government; and Mobile. It has a business presence in India and foreign countries, of which maximum revenue is derived within India. Its product range consists of Quick Heal Total Security, Quick Heal Internet Security, Quick Heal AntiVirus Pro, Quick Heal Total Security for Mac, Quick Heal PCTuner 3.0, and Guardian NetSecure.

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Quick Heal Technologies (BOM:539678) Cash-to-Debt : No Debt (1) (As of Mar. 2024)