Fairfax India Holdings (FRA:F5X) Cash-to-Debt : 0.05 (As of Sep. 2024)

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What is Fairfax India Holdings 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. Fairfax India Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.05.

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, Fairfax India Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Fairfax India Holdings's Cash-to-Debt or its related term are showing as below:

FRA:F5X' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: No Debt
Current: 0.05

During the past 10 years, Fairfax India Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.10.

FRA:F5X's Cash-to-Debt is ranked worse than
88.65% of 1454 companies
in the Asset Management industry
Industry Median: 5.505 vs FRA:F5X: 0.05

Fairfax India Holdings Cash-to-Debt Historical Data

The historical data trend for Fairfax India Holdings'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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Fairfax India Holdings Cash-to-Debt Chart

Fairfax India Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.09

0.04

0.06

0.30

0.35

Fairfax India Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															0.19	0.35	0.06	0.08	0.05

Competitive Comparison of Fairfax India Holdings's Cash-to-Debt

For the Asset Management subindustry, Fairfax India Holdings'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.

Fairfax India Holdings's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fairfax India Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Fairfax India Holdings's Cash-to-Debt falls into.

Fairfax India Holdings Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Fairfax India Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	160.122	/	(0	+	456.507)
	=	0.35

Fairfax India Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	21.276	/	(0	+	448.894)
	=	0.05

Fairfax India Holdings (FRA:F5X) 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.

Fairfax India Holdings Cash-to-Debt Related Terms

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Fairfax India Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fairfax India Holdings Corp (FRA:F5X) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FFXDF:USA FIH.U:Canada

Address

95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7

Website

https://www.fairfaxindia.ca

Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in India segment and it earns income through the source of interest and dividends.

Fairfax India Holdings Headlines

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