Rategain Travel Technologies (BOM:543417) Cash-to-Debt : 59.74 (As of Sep. 2024)

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What is Rategain Travel 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. Rategain Travel Technologies's cash to debt ratio for the quarter that ended in Sep. 2024 was 59.74.

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, Rategain Travel Technologies could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Rategain Travel Technologies's Cash-to-Debt or its related term are showing as below:

BOM:543417' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 21.45 Max: 63.6
Current: 59.74

During the past 6 years, Rategain Travel Technologies's highest Cash to Debt Ratio was 63.60. The lowest was 0.48. And the median was 21.45.

BOM:543417's Cash-to-Debt is ranked better than
82.73% of 2797 companies
in the Software industry
Industry Median: 2.33 vs BOM:543417: 59.74

Rategain Travel Technologies Cash-to-Debt Historical Data

The historical data trend for Rategain Travel 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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Rategain Travel Technologies Cash-to-Debt Chart

Rategain Travel Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.48

1.59

21.45

17.95

63.60

Rategain Travel Technologies Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial													22.59	N/A	63.60	N/A	59.74

Competitive Comparison of Rategain Travel Technologies's Cash-to-Debt

For the Software - Application subindustry, Rategain Travel 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.

Rategain Travel Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

Rategain Travel 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.

Rategain Travel Technologies'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)
	=	10595.78	/	(28.2	+	138.41)
	=	63.60

Rategain Travel Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	10240.09	/	(24.97	+	146.45)
	=	59.74

Rategain Travel Technologies (BOM:543417) 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.

Rategain Travel Technologies Cash-to-Debt Related Terms

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

Rategain Travel Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rategain Travel Technologies Ltd (BOM:543417) » Definitions » Cash-to-Debt

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RATEGAIN:India

Address

Plot No. A-3,4,5, Sector 125, Club 125, 4th Floor, Noida, UP, IND, 201 301

Website

https://www.rategain.com

Rategain Travel Technologies Ltd is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises, and ferries. Geographically, it derives a majority of its revenue from the United Kingdom.

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