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Equinox India Developments (LUX:EQXID) Cash-to-Debt : N/A (As of Jun. 2024)


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What is Equinox India Developments 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. Equinox India Developments's cash to debt ratio for the quarter that ended in Jun. 2024 was N/A.

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

LUX:EQXID' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11   Med: 0.21   Max: 1.81
Current: 0.45

During the past 13 years, Equinox India Developments's highest Cash to Debt Ratio was 1.81. The lowest was 0.11. And the median was 0.21.

LUX:EQXID's Cash-to-Debt is ranked better than
62.99% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs LUX:EQXID: 0.45

Equinox India Developments Cash-to-Debt Historical Data

The historical data trend for Equinox India Developments'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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Equinox India Developments Cash-to-Debt Chart

Equinox India Developments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.20 0.14 0.68 0.45

Equinox India Developments Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.62 N/A 0.45 N/A

Competitive Comparison of Equinox India Developments's Cash-to-Debt

For the Real Estate - Development subindustry, Equinox India Developments'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.


Equinox India Developments's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Equinox India Developments's Cash-to-Debt distribution charts can be found below:

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



Equinox India Developments 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.

Equinox India Developments's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Equinox India Developments's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Equinox India Developments  (LUX:EQXID) 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.


Equinox India Developments Cash-to-Debt Related Terms

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


Equinox India Developments Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030
Equinox India Developments Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

Equinox India Developments Headlines

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