Franklin Leasing and Finance (BOM:539839) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

Franklin Leasing and Finance Cash-to-Debt Chart

Franklin Leasing and Finance Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Cash-to-Debt		Get a 7-Day Free Trial					No Debt	0.03	-	-	No Debt

Franklin Leasing and Finance Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	No Debt	No Debt	No Debt

Competitive Comparison of Franklin Leasing and Finance's Cash-to-Debt

For the Credit Services subindustry, Franklin Leasing and 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.

Franklin Leasing and Finance's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Franklin Leasing and Finance's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Franklin Leasing and Finance's Cash-to-Debt falls into.

Franklin Leasing and 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.

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

Franklin Leasing and Finance had no debt ⁽¹⁾.

Franklin Leasing and Finance's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Franklin Leasing and Finance had no debt ⁽¹⁾.

* 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.

Franklin Leasing and Finance  (BOM:539839) 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.

Franklin Leasing and Finance Cash-to-Debt Related Terms

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Franklin Leasing and Finance Business Description