Medplus Health Services (BOM:543427) Cash-to-Debt : 0.17 (As of Mar. 2024)

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What is Medplus Health Services 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. Medplus Health Services's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.17.

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, Medplus Health Services 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 Medplus Health Services's Cash-to-Debt or its related term are showing as below:

BOM:543427' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.27 Max: 0.81
Current: 0.17

During the past 6 years, Medplus Health Services's highest Cash to Debt Ratio was 0.81. The lowest was 0.12. And the median was 0.27.

BOM:543427's Cash-to-Debt is ranked worse than
72.16% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs BOM:543427: 0.17

Medplus Health Services Cash-to-Debt Historical Data

The historical data trend for Medplus Health Services'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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Medplus Health Services Cash-to-Debt Chart

Medplus Health Services Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.30

0.25

0.81

0.32

0.17

Medplus Health Services Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial												0.32	N/A	0.24	N/A	0.17

Competitive Comparison of Medplus Health Services's Cash-to-Debt

For the Pharmaceutical Retailers subindustry, Medplus Health Services'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.

Medplus Health Services's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medplus Health Services's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Medplus Health Services's Cash-to-Debt falls into.

Medplus Health Services 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.

Medplus Health Services'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)
	=	1742.37	/	(1414.86	+	8680.83)
	=	0.17

Medplus Health Services'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)
	=	1742.37	/	(1414.86	+	8680.83)
	=	0.17

Medplus Health Services (BOM:543427) 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.

Medplus Health Services Cash-to-Debt Related Terms

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

Medplus Health Services (BOM:543427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medplus Health Services Ltd (BOM:543427) » Definitions » Cash-to-Debt

Traded in Other Exchanges

MEDPLUS:India

Address

Opposite Railway Siding (Moosapet), Municipal No: 11-6-56, Survey No. 257 & 258/1, C Block, III Floor, Kukatpally, Hyderabad, TG, IND, 500 037

Website

https://www.medplusindia.com

Medplus Health Services Ltd is a pharmacy retailer. It offers pharmaceutical and wellness products such as medicines, vitamins, medical devices, test kits, and others. The company also offer an omnichannel platform wherein customers can purchase products through stores, place orders over the telephone, online orders, and a Click and Pick facility.

Medplus Health Services (BOM:543427) Headlines

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