Anlon Technology Solutions (NSE:ANLON) Cash-to-Debt : 4.21 (As of Sep. 2023)

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What is Anlon Technology Solutions 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. Anlon Technology Solutions's cash to debt ratio for the quarter that ended in Sep. 2023 was 4.21.

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, Anlon Technology Solutions could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Anlon Technology Solutions's Cash-to-Debt or its related term are showing as below:

NSE:ANLON' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.81 Med: 2.34 Max: 12.24
Current: 4.21

During the past 4 years, Anlon Technology Solutions's highest Cash to Debt Ratio was 12.24. The lowest was 0.81. And the median was 2.34.

NSE:ANLON's Cash-to-Debt is ranked better than
79.23% of 1680 companies
in the Construction industry
Industry Median: 0.63 vs NSE:ANLON: 4.21

Anlon Technology Solutions Cash-to-Debt Historical Data

The historical data trend for Anlon Technology Solutions'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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Anlon Technology Solutions Cash-to-Debt Chart

Anlon Technology Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

12.24

2.29

0.81

2.40

Anlon Technology Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			2.29	0.81	1.02	2.40	4.21

Competitive Comparison of Anlon Technology Solutions's Cash-to-Debt

For the Engineering & Construction subindustry, Anlon Technology Solutions'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.

Anlon Technology Solutions's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anlon Technology Solutions's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Anlon Technology Solutions's Cash-to-Debt falls into.

Anlon Technology Solutions 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.

Anlon Technology Solutions's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	69.125	/	(22.386	+	6.418)
	=	2.40

Anlon Technology Solutions's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	91.846	/	(21.37	+	0.451)
	=	4.21

Anlon Technology Solutions (NSE:ANLON) 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.

Anlon Technology Solutions Cash-to-Debt Related Terms

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Anlon Technology Solutions (NSE:ANLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anlon Technology Solutions Ltd (NSE:ANLON) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Apparel Park, Phase II, Plot No.22, Doddaballapur Integrated Textile Park SW-5, Industrial Area, Doddaballapur, KA, IND, 561203

Website

https://www.anlon.co

Anlon Technology Solutions Ltd is primarily engaged in the business of providing engineering services. The company has two reportable segments such as Engineering services and Designing, Fabrication, and Installation Services. It generates majority of its revenue from Engineering services segment. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. It offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.

Anlon Technology Solutions (NSE:ANLON) Headlines

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