Secmark Consultancy (BOM:543234) Cash-to-Debt : 0.98 (As of Mar. 2024)

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What is Secmark Consultancy 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. Secmark Consultancy's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.98.

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

BOM:543234' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 8.04
Current: 0.98

During the past 7 years, Secmark Consultancy's highest Cash to Debt Ratio was 8.04. The lowest was 0.01. And the median was 0.11.

BOM:543234's Cash-to-Debt is ranked worse than
50.09% of 1068 companies
in the Business Services industry
Industry Median: 0.985 vs BOM:543234: 0.98

Secmark Consultancy Cash-to-Debt Historical Data

The historical data trend for Secmark Consultancy'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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Secmark Consultancy Cash-to-Debt Chart

Secmark Consultancy Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.02

8.04

1.28

0.98

Secmark Consultancy Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial						8.04	-	1.28	0.78	0.98

Competitive Comparison of Secmark Consultancy's Cash-to-Debt

For the Consulting Services subindustry, Secmark Consultancy'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.

Secmark Consultancy's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secmark Consultancy's Cash-to-Debt distribution charts can be found below:

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

Secmark Consultancy 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.

Secmark Consultancy'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)
	=	108.065	/	(110.573	+	0)
	=	0.98

Secmark Consultancy'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)
	=	108.065	/	(110.573	+	0)
	=	0.98

Secmark Consultancy (BOM:543234) 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.

Secmark Consultancy Cash-to-Debt Related Terms

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

Secmark Consultancy (BOM:543234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Secmark Consultancy Ltd (BOM:543234) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SECMARK:India

Address

Near Ambamata Mandir, Plot No 36/ 227, RDP-10, CTS-1C/1/640, Sector-6, Charkop, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.secmark.in

Secmark Consultancy Ltd offers services in the areas of compliance, operations, risk management, outsourcing, software development, and legal matters to financial market participants and others. The company's products include Order Instruction Management System; Compliancesutra; and E-learning product suite. Its clients include stock and commodity brokers, depository participants, stock exchanges, wealth managers, alternative investment funds, research analysts, insurance companies, insurance brokers, corporate agents, portfolio managers, investment advisors, NBFCs, etc.

Secmark Consultancy (BOM:543234) Headlines

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